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Acquisition of 240-6th Street for $7.15M for Environmental Remediation and Park Expansion

  • When: 9/17/2024
  • Address: 240 6th Street, San Francisco, CA
  • City: San Francisco
  • State: California
  • Category: Infrastructure Development
  • Size: 9,625 sqft

The City of San Francisco has approved a resolution to purchase the property at 240-6th Street for $7,150,000, with a focus on environmental remediation and future park expansion. The site will serve as an extension to the Gene Friend Recreation Center, providing additional open space for the SOMA neighborhood. The acquisition includes environmental cleanup funded through the Open Space Acquisition Fund. The City will also assume the lease of a current automotive tenant, generating revenue for maintenance.

Why it Matters

This acquisition expands much-needed open space in a densely populated, underserved area of San Francisco, addressing environmental justice and providing more recreational opportunities for youth and families.

Source

Ownership - Martha E. Potiriades, George P. Potiris, Kalli K. Carvalho, James G. Pappas, Christina Pappas-Boettger, Ellece Vasti, Stephanie A. Papas, Catherine Guzman


Allowed Uses: Open Space, Recreation Facility, Park Development