Dog walkers, parents, and park-lovers: rejoice. The Board of Supervisors voted Tuesday to approve a $9.725 million purchase of five buildings in SoMa, with long-term plans to demolish the structures and replace them with a half-acre park. The buildings — 145-165 11th St., 964 Natoma St., and 973 Minna St. — were sold by Ares Commercial Properties, Inc., and will be placed under the jurisdiction of the Recreation and Park Department.
Supervisor Jane Kim introduced the resolution to the board. “This is the first time that the Open Space Acquisition Fund will be used for a future part in District 6, where we will see immense upzoning as well as density and development,” she told her colleagues Tuesday. “As you all know, District 6 has the fewest and smallest parks of any district in the city.”
As the neighborhood continues to grow, it’s important to create recreational space, Kim said.
While the news of the forthcoming park is exciting, patience must be practiced: According to Socketsite, the buildings have commercial leases that run until 2021. Current residents include American Refrigeration Supplies, and software consultants Dixon & Moe.
But their presence isn’t too much of an inconvenience: Rent accrued in the meantime will go toward future park planning. No plans for the new park have been drawn up, and any proposals will have to be submitted for environmental review. Once it’s complete, however, the half-acre park will be comparable in size to Patricia’s Green in Hayes Valley.