1965 Market Street: 23-Story SF High-Rise Gets Final Approval

Building Height 239 Feet (23 Stories)

Total Units 201 Homes 30 Affordable BMR

Density Increase +89% Over Base Zoning

The San Francisco Planning Department has officially granted final approval for a 239-foot residential tower at 1965 Market Street. The project marks a major milestone in Upper Market development, evolving from an earlier two-building proposal into a singular, high-impact high-rise.

A Dual-Era Architectural Hybrid

Designed by RG Architecture, the 237,000-square-foot structure takes a unique approach to historic preservation. The base incorporates the existing Spanish Revival façade before transitioning into a sleek, modern glass-and-steel tower above.

Project Breakdown

• Residential Mix: 201 units spanning studios to 3-bedroom layouts.
• Affordable Housing: Includes 30 deed-restricted below-market-rate (BMR) units.
• Amenities & Retail: Ground-floor retail storefronts and an underground garage with capacity for up to 62 cars.

"Developers across San Francisco are signaling strong market confidence—utilizing family zoning and state density bonuses to expand project scales across the city."

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