UCSF Receives Two New Properties in San Francisco as Gifts from Donors
UC San Francisco has received two gifts of real estate properties that will ease the housing crunch for faculty and free up space for thriving clinical and academic programs at Mission Bay – supporting key University goals.
One property, at 2130 Post St., is a 71-unit apartment building located two blocks east of UCSF Medical Center at Mount Zion. This facility will be made available to house faculty at below-market rental rates. Following the vacancy of the building by existing tenants, UCSF will make some minor structural and facility improvements in time to have the building ready for new tenants in summer 2020.
Over the next several months, Executive Vice Chancellor and Provost Dan Lowenstein, MD, and Associate Vice Chancellor Clare Shinnerl will develop a plan on how to allocate these units with a focus on offering newly recruited faculty term-limited leases. Housing Services will communicate rental rates and lease information for 2130 Post St. in early 2020.
Addressing the need for more affordable housing for all members of the UCSF community is a priority of UCSF leadership as housing costs continue to skyrocket in San Francisco. UCSF is currently building new, below-market rental apartments for its graduate students and trainees on Minnesota Street near the Mission Bay campus. UCSF is also collaborating with UC Hastings to jointly develop new affordable housing for UCSF and UC Hastings students on McAllister Street.
UCSF’s second new property, at 2 North Point St., is located on the Embarcadero across from the Aquarium of the Bay with a long-term ground lease from the Port of San Francisco. The three-story building is approximately 119,000 gross square feet with an additional 8,000 gross square feet of outside terraces. The site also has 83 parking spaces. This building is currently vacant and will undergo some minor seismic retrofitting and other improvements that will allow occupancy in early 2020.
The North Point property will serve as a primary worksite for UCSF Human Resources (HR), allowing for the collocation of both campus and UCSF Health HR staff as they move from their current locations, primarily at Laurel Heights and Geary Street.
University Development and Alumni Relations (UDAR) will also move to the North Point property. Previous plans had called for UDAR staff to move into the new building under construction at Block 33 in Mission Bay, but UCSF was quickly running out of space to accommodate rapidly growing clinical and academic departments there. Moving UDAR to the North Point location offered a great opportunity to free up space at Mission Bay.
The North Point building also allows for the addition of a small conference center for UDAR to host meetings and events for the UCSF Foundation and its volunteer Board of Overseers. Once HR and UDAR’s space needs are met, campus leadership will determine the use of any remaining space within the building.