Trinity Place called “Miracle on Mission Street” in front page San Francisco Chronicle article
2 April 2010 – San Francisco, CA: It’s the rare occurrence in the real estate world: a win-win for everyone concerned
“I wake up at night and look out the window and start looking at these magnificent views,” said Ken Werner, commenting on the view from his new rent-controlled unit on the 17th floor of Trinity Place, the newest development from San Francisco developer Angelo Sangiacomo and his Trinity Properties. “I love this place.”
Werner’s enthusiastic quotes came from a front page article by reporter C.W. Nevius in today’s San Francisco Chronicle, an article calling Trinity Place the “Miracle on Mission Street.”
The “Miracle” is the result of an only-in-San Francisco negotiation between Sangiacomo, long-time low-income residents and City Hall. The result, according to the Chronicle: “a compromise that will not only provide affordable housing for students, restaurant workers and older residents on a fixed income, but will help revitalize the neighborhood.”
Today’s article is the latest in a series of events lauding the landmark development in San Francisco’s Civic Center neighborhood. Just last week, Trinity Place scored two honors from The San Francisco Business Times at their annual Real Estate Awards Gala: “Best Affordable Housing Project in San Francisco,” and “Best Community Impact in an Urban Area.”
“This shows what can happen with cooperation,” said Randy Shaw, Executive Director of the Tenderloin Housing Clinic as quoted in today’s Chronicle article. “This is one of the great buildings built in this city since World War II.”
Now 85 years old, Sangiacomo, a San Francisco native, started Trinity over a half century ago. The new 440-unit “Trinity Place” is the first building in a landmark new development that will anchor the Southwest quadrant of San Francisco’s Civic Center neighborhood. Designed by Bernardo Fort-Brescia of Miami’s Arquitectonica, when completed the entire project will eventually provide housing to more than 2500 people and feature a mix of residential, retail and commercial offerings.
“Trinity Place has a genuine presence,” enthused John King of the San Francisco Chronicle in its February 7, 2010 edition. “What Trinity Place has in its favor is both a developer and an architect willing to make a splash. The buildings exude pride and flair. Not just in public areas, such as the new building's light-filled lobby with its rear wall cloaked in shiny zebra-striped marble. Upstairs, the snug studios put every inch of their 436 square feet to use—including the chest-high partition between the sitting and sleeping area, which is wide enough to hold a flat-screen television. As for Arquitectonica, it's a firm that aims for visual impact. [Trinity Place] is an experiment worth keeping an eye on.”
Trinity Management Services is dedicated to helping people find the apartments they need in the neighborhood they want. Today, with several thousand units under management, they play an important role in San Francisco's robust housing market. Plus, Trinity Management Services is the preeminent provider of short term, executive housing in The City. Trinity Management Services, like the city of San Francisco, has wonderfully diverse offerings. In a market dominated by impersonal corporations and absentee landlords, Trinity tenants appreciate an attention to detail. From charming Victorian apartment houses with the original 1800s architectural details to luxurious high-rise towers with spectacular views, Trinity Management Services has captured the essence of San Francisco.
Perhaps the best summation of the “Miracle” is offered by long-time political consultant, Jack Davis, who worked to hammer out a compromise that seems to please everyone, a rare thing in San Francisco’s often fractious real estate and political realms.
“Just helping to turn that awful corner into something beautiful is something,” said Davis as quoted in today’s Chronicle story. “This is going to live on. I feel real proud every time I pass it.”
Read the entire article here
