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By Annika Hom, Mission Local
November 17, 2021
Given its excess air time, I wasn't going to talk about the notorious development on 469 Stevenson St. Then the debate crossed into Mission territory. So, here goes.
The 495-unit project slated for a Nordstrom's parking lot sought to build 73 below-market-rate units on site. It also requested to take advantage of the state's density bonus, forcing the developer to donate a parcel earmarked for extra off-site affordable housing — all in all, a 24 percent affordability deal.
But community members said the location would trigger gentrification in and around Stevenson, specifically for Single Room Occupancy and Filipino members. John Elberling, a leader of the Yerba Buena Neighborhood Consortium, the main group appealing the project, called it "The Monster on Sixth Street."
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