The proposed Trinity Place project would construct three residential towers in phases, ultimately including 1,900 new residential units (approximately 1,411,000 gross square feet [gsf] of residential space). There would be 1,100 studio units and 800 one-bedroom units comprising the residential component of the project. Of these, 360 units would be rent-controlled, and up to 15 percent of the 1,540 non-rent-controlled units, or 231 units, would be designated as affordable pursuant to Section 315 of the San Francisco Planning Code (Planning Code). Trinity Place would replace the existing 360 rent-controlled units with new studio units during the first phase of the project.

The proposed buildings would range from 18 to 26 stories in height (about 167 to 240 feet), with frontages along Market, Mission, and Eighth Streets, and the Stevenson Street terminus. Trinity Place would include about 60,000 gsf of ground-floor retail space, with street frontages along Market Street, Mission Street, and portions of Eighth Street. It would provide 63,000 square feet (sq. ft.) of open space. At the interior of the site (in the central area framed by the residential towers), Trinity Place would include a 42,000 square-foot plaza-level open space for use by residents. The remaining 21,000 sq. ft. would make up an entry court accessible to the public from Market Street and Eighth Street. Trinity Place would include 1,450 off-street parking spaces for residential and short-term use in a five-level parking garage.

Trinity Place would be specifically authorized through a Development Agreement entered into between the project sponsor and the San Francisco Board of Supervisors, under Chapter 56 of the Administrative Code. Pursuant to the Development Agreement, and consistent with the land uses, heights, and densities vested through that agreement, the project must obtain approvals under the Planning Code. Although the project site lies within the proposed Mid-Market Redevelopment Project Area, the Development Agreement would provide that the project is not subject to the land use controls of that Project Area, nor to the proposed Mid-Market Special Use District.

Trinity Place Objectives

• Create a fully-serviced, high-density neighborhood near downtown where residents can walk to work and use transit to meet daily needs, and have available parking for cars and recreational and similar uses;
• Create an architecturally distinctive development—of substantial scale and impact—that will enhance the visual and aesthetic qualities of the project block and the Mid-Market area, and complement the monumental architecture and urban design quality of the Civic Center;
• Provide a lively atmosphere along Market Street that will draw people to the area;
• Help fulfill San Francisco's need for centrally located, high-quality residential rental units for the San Francisco workforce and others wishing to live downtown;
• Continue to provide short-term visitor parking to support civic, cultural, retail, and entertainment uses nearby;
• Make market-rate housing available to residents at the lowest rents possible consistent with a reasonable return on investment;
• Provide rental and leasing services, maintenance services and management services for all residential, commercial and retail space; and
• Provide 360 rent-controlled units to replace the existing rent-controlled units on a one-for-one basis.