Parkmerced
Parkmerced contains 3,221 residences (after sale of five blocks to San Francisco State University (SFSU)) and over 9,000 residents, and is one of four remaining privately owned large-scale garden apartment complexes in the United States. The complex is located south of SFSU, west of 19th Avenue, and east of Lake Merced and the Harding Park Golf Club. The far western boundary of the neighborhood extends to Lake Merced Boulevard, and the neighborhood is popular with students and faculty at San Francisco State University because of its proximity.
In October 2005, the property was sold to a joint venture between Stellar Management and Rockpoint Group from a JP Morgan Chase and Carmel Partners joint venture entity, for approximately $687,000,000.
Design and history
The apartment towers were designed by Leonard Schultze and Associates, the post-War successor firm to Schultze and Weaver, in partnership with prominent landscape architect Thomas Dolliver Church. The development was built by the Metropolitan Life Insurance Company, after their success with the Parkchester development in New York City. Development started in the 1939, but was slowed due to World War II. The first tenants moved into the Font Boulevard buildings in early 1944. The development was completed in the early 1950s and was a first home to many military families returning from the Second World War and the Korean War. Metropolitan Life has built similar apartment blocks in other large cities, including Park La Brea in Los Angeles, Parkfairfax in Virginia, and Riverton Houses, Parkchester, and Stuyvesant Town—Peter Cooper Village in Manhattan to name a few.
Parkmerced’s unusual pie-shaped blocks were designed by its architect, Leonard Schultze, and shares many features with his Park La Brea design. Schultze worked closely with landscape architect Thomas Dolliver Church, who often collaborated with cutting-edge, Modern architects, to refine the plan for Parkmerced. Church developed a unifying concept for the landscaping of each individually designed and graded garden courtyard, the different street types, open spaces such as Robert Pender Park in Juan Bautista Circle [dedicated May 3, 2009], the Meadow and the recreation area, aided by office intern Robert Royston.
Metlife owned and carefully maintained the property until early 1970s, when it sold it to Leona Helmsley and the property began to deteriorate. There were a succession of owners and management companies beginning in the late 1990s. The commercial areas of the development were sold off to investors, and other parts sold to the California State University system for San Francisco State University. As of 2008, 116 of the original 150 acres (0.61 km) are owned and maintained by a single investor, who purchased the property for $687 million and has committed $110 million in upgrades. During the early 2000s (decade) the property was marketed as The Villas Parkmerced, however, as of 2009, signage and advertisements have returned to the original Parkmerced name.
Transportation
Bus service through Parkmerced primarily is provided by the San Francisco Municipal Railway 57 Parkmerced route. Additionally, the 18, 28, 28R and 29 bus routes, as well as the Muni Metro M Ocean View light-rail line, operate along nearby 19th Avenue.
Ongoing construction and development plans
This article needs to be updated.(July 2021) |
Parkmerced is in the middle of reconstruction. Current projects include replacing old elevators, remodeling entrances to the towers, applying wooden window frames and miscellaneous detailing to the garden townhomes, modifying landscaping, providing new mailbox units, as well as painting the outsides of all the buildings through 2009. Parkmerced acquired their own Saturday morning Farmer's Market, which takes place on the western meadow of the neighborhood.
Along with aesthetic changes being made to the public spaces in the neighborhood, vacant garden and tower apartments are also seeing heavy renovations. These include new stainless steel appliances, granite marble counter tops, laminate flooring, and wooden cabinets. An emphasis by the development team is on the sustainability.
In 2010, the owners and managers of the various parts of Parkmerced proposed a major redevelopment, which would involve phased demolition of the deteriorating garden apartments in favor of higher density replacements, and reconfiguring some streets. In May 2011, the San Francisco Board of Supervisors voted 6-5 to approve this redevelopment plan, including the replacement of virtually all of the low-rise garden apartment units with new mid-rise structures. In addition, the plan calls for preserving the rent-controlled status of tenants who are relocated, and involves construction of several hundred new units, some of which will be rentals, while others will be made available for sale. Plans also calls for retail, grocery store, performance center, and the re-routing of the M Oceanview metro line into Parkmerced. As of February 2023, no construction has begun towards the redevelopment.
The updated plan for Parkmerced is developed by Skidmore, Owings and Merrill.
Criticism
The complex was the subject of significant controversy over the policies of a previous owner regarding rent control and deceptive pricing. Apartments were alleged to have been offered at low prices because of a significant discount offered at lease signing. Upon expiration of the initial lease, rents could be raised by the maximum percentage allowed under San Francisco rent control laws, but calculating from the initial, not discounted, rent, leading in some cases to rental increases of 28%. The complex was sued in a class action lawsuit that was settled out of court. The current owners Parkmerced Investors, LLC, were not sued over this issue.
See also
- MetLife
- Cooperative Village
- Co-op City
- Mitchell Lama
- Parkchester, Bronx
- Parkfairfax, Virginia
- Park La Brea, Los Angeles, California
- Penn South
- Riverton Houses
- Rochdale Village, Queens
- Stuyvesant Town–Peter Cooper Village
References
- Notes
- ^ Aaron Goodman. "Parkmerced, San Francisco, California: "A City Within a City"- A modern landscape and urban planning masterpiece at risk". Archived from the original on June 28, 2007.
- ^ "City Officer: Board of Supervisors – Filed: June 13, 2011 – Contractor: Parkmerced Investors, LLC". San Francisco Ethics Commission. 2011-06-14. Retrieved 2024-01-04.
- ^ Nguyen, Danny (2023-02-27). "Why a promised rebuild of SF's Parkmerced still hasn't happened". SFGATE. Retrieved 2024-01-04.
- ^ "Mr. Hartman's Neighborhood". Modern Luxury Magazine. May 2010. Modern Luxury Magazine
- ^ "Parkmerced Vision Plan Project Page". Archived from the original on 2010-04-28.
- Bibliography
- Steve Ginsburg (March 24, 2006). Residential sale: Stonestown and the Villas Parkmerced. San Francisco Business Times
- J.K. Dineen (July 27, 2007). Parkmerced tries ‘domination’ to gain visibility. San Francisco Business Times
- J.K. Dineen (December 21, 2007) Huge Housing plan to add 5,700 units. San Francisco Business Times
- John King (January 15, 2008) I just want to say one word to you: sustainability. SFGate.com
- James Temple (January 21, 2008) Grand Vision for S.F.’s Parkmerced. San Francisco Business Times