Under Spanish and Mexican rule, what is now the Financial District and Yerba Buena Gardens, was the site of a harbor named Yerba Buena Cove with a small civilian outpost to support the military population of the Presidio and the Mission Dolores. Due to its sandy and marshy soil the Spanish/Mexican government decided to focus their pueblo settlement at San José and the current Mission District in San Francisco. It was not until 1835 that the first settlers established themselves at Yerba Buena Cove. The Cove’s potential as a seaport made it the eventual center for European and American settlement which really accelerated after the California Gold Rush. The Downtown district became the financial capital of the west coast and only location of West Coast Skyscrapers along Market Street. After the great fire of 1906 Downtown was largely rebuilt with low-rise, masonry-clad buildings ranging from six to twelve stories. During the late 1920s, several Neo-Gothic high rises, were constructed. The Financial district then boomed with many Highrise towers in the 60s-80s. Yet many in San Fran saw this as a threat to the character of San Francisco descripting it as the Manhattanization of the City. This caused widespread opposition citywide and height restrictions were placed on new high-rise construction leading downtown to shift more to neighborhoods South of Market where high rise construction was still allowed. While I lament the anti-density sentiment this “skyscraper revolt” lead too, I’m happy that it led to an expansion of the City’s high-rise districts, creating a more dynamic and interesting skyline in San Fran.
Somewhat of a surprise to me, Downtown San Fran is my highest scoring Downtown district, beating out the likes of Midtown, Lower Manhattan, Chicago’s Loop District, Center City Philly, and Dwtn Boston. I attribute this mainly to Dwtn San Fran density (around 25K per square mile), which fosters great neighborhood amenities, high affordability levels (with 65% of all units as dedicated affordable housing), great cultural and park amenities, and an excellent bike and transit system connecting well to its neighborhoods and the entire Bay Area. Even so there are certainly aspects to improve. #1 on my list is improving the homeless situation. This causes some legitimate safety concerns but it is why many are distasteful of Dwtn. There are also very few universities Dwtn and schools could be improved. I also think Dwtn should be allowed to densify more. This could easily be a Dwtn with over 75K per square mile, something that makes a lot of sense with decreased office demand.
* Great downtown density at around 25K per square mile.
* Public transit is excellent within the City and good in the overall region. Because development is hemmed in by the mountains and at least a medium density, most suburbs even have decent transit access. But the BART seems is very expensive to travel across the region and timely. To travel from Dwtn San Fran to Dwtn San Jose takes almost 2 hrs. Good connections to San Fran Airport and Dwtn Oakland.
* Excellent dedicated bike system across the Bay Area feeding in well to Dwtn San Fran. Probably the best system of any US region.
* Street Connectivity is generally at a high level in San Fran due to the grid network, good dedicated bike lane system, and lots of narrow cut through streets. Some wider one way streets but not too bad.
* Excellent bike infrastructure with a very high concentration of rentable pedal & electric bikes Dwtn. Great dedicated lane coverage connecting well with most San Fran neighborhoods. Some of the hilly districts don’t have a ton of bike lanes.
* High levels of racial and economic diversity residing in the Dwtn area.
* Around 28% of households are family households, quite high for an American Dwtn. Good age distribution as well with a large number of elderly living in the Financial district and more young and middle aged people residing in other districts. Some Children friendly activities Dwtn like the Children Activity Center and Yerba Buena Gardens.
* 60-65% of all housing units are permanent afford housing units. This probably cuts the number of rental control units down (only around 33%). Median rent is ~$1,300, quite low for San Fran.
* The elevated Sales Force Park is a high quality park space. The rest are community sized small & medium parks spread throughout. Also good water front parks too. Dwtn hosts FOUR active civic centers (Civic Plaza, Yerba, Union & Sales) each acting as civic centers for their section of Dwtn.
* Def a top-tier American Dwtn with retail and cultural amenities. A very livable Dwtn.
* Great ADA infrastructure overall.
* One of the most iconic skylines in America.
* Only about 35% of all units downtown are rental controlled.
* Plenty of schools dwtn but many of them are smaller private schools. Good # of public grade schools.
* Market rents are pricey but lots of options. Some efficiency units rent in the $1,000s but most studios & 1 beds lease in the 2Ks and low 3Ks. Some 2-beds lease in the 2Ks but most go for 3K-5K. Lot a ton of 3-bed product. This can range anywhere from 3K-8K.
* For sale is also very expensive. But some moderately priced housing with studios selling for anywhere btwn 300K-800K. Plenty of 1-bedrooms in this range too but many of them all sell around 1 M. A handful of “moderately priced” 2-bedrooms but most sell btwn 1-2M. Plenty of 3-bedroom product but only a handful of it sells around 1 M. Most is 2M+
* Dwtn only hosts one major sports arena. Also no major dwtn post office remains.
* Dwtn San Francisco was certainly a strong job center pre-pandemic with around 300K employees. But even before the pandemic there were signs of changes with increasing vacancies and rents sky high. Given its great neighborhood amenities, Dwtn San Fran should emerge as an even better mixed-use district, even if office wanes.
* Safety is a mixed bag in Downtown. The Financial District and South Beach are safety by most measures. SoMa and areas around Union Square & Civic Square can be a bit rough. Lots of homeless in these pockets.
* Only several small satellite colleges in Dwtn. Nearest large university is 3.5 miles away.
* Some image problems dwtn with its large homeless presence.