SF supervisors approve obtain of Fillmore District hotel for

Considering that Mayor London Breed proposed that the metropolis of San Francisco get four resorts and use them for permanent housing for the previously homeless in August 2021, that approach has rather substantially long gone by without having a hitch. Just with just one main exception. The proposed invest in of Japantown’s Kimpton Buchanan lodge produced all method of blowback from Japantown people who felt the loss of a tourist lodge would be economically harmful for the community. The Kimpton Buchanan’s operator backed out of the deal in October about the controversy.


Undaunted, the city determined a substitution lodge a lot less than a mile away. The buy of the Vantaggio Suites (formerly the Gotham Resort) at 835 Turk Street was proposed in December, and the Board of Supervisors authorised it Tuesday. The buy price is detailed at $25.7 million, however the Chronicle reviews the town will “expend about $34.8 million” on it, with the more “$9.1 million for immediate repairs needed to the hotel.”


“This type of acquisition is completely crucial and we are thrilled to see it appear to fruition,” the district’s supervisor Dean Preston explained in a statement Tuesday, contacting it “an outstanding constructing for everlasting supportive housing that will support individuals transfer from homelessness to housing with the expert services they will need.”

Vantaggio Suites has much less units (114) than the Kimpton Buchanan (131). So it’s a downgrade in that respect, but when it is at the moment an SRO, the models do have non-public loos.

The city will use money from the 2018 Prop. C “homeless tax”, moreover state and federal funding, to finance the obtain. The other 3 resort purchases are currently finalized. The Crocker-Amazon’s Mission Inn was purchased in October. A week later on, the supes permitted acquiring SoMa’s Panoramic and the Eula Hotel at 16th and Mission Streets, even though the Panoramic’s conversion experienced created community pushback.