Industrial Nightmare

How San Francisco planners, in trying to save S.F.'s dwindling industrial base, would hamstring the city's economic future

Danny Hellman

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I'd like to envision a day when a similar surplus of apartments caused residential rents to plummet. It wouldn't be so hard: Current market conditions favor housing over other uses, and builders are poised to construct lots of apartments right now. Eastern areas of the city, particularly the South of Market neighborhood, contain promising sites for significant new housing starts. Yet preservationists are advancing arguments, apparently pulled from thin air, that an east San Francisco apartment boom, and the cheaper rents that could stem from it, would harm the city's economy.

If you believe that, I've got a prime, spacious, modern, intermodal-ready industrial yard in east San Francisco to sell you.

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