The report summarizes business and development trends affecting downtown San Francisco as required by SF Administrative Code, Chapter 10E, and reviews data for 2012. It notes changes in the amount of commercial space, employment, housing production, parking supply, collection and use of fees and other revenues relative to the objectives of the Downtown Plan and mandated monitoring requirements.
In summary, the report found that Downtown San Francisco continued to be a resilient district for the City and the region in 2012, largely because of Downtown Plan polices. Adopted in 1985, these policies strengthened Downtown San Francisco’s physical qualities as a vibrant place and enhanced its functioning as a regional center. The annual changes in Downtown land use are summarized in the first four pages of the report in the section entitled, “2012 Summary & InfoGraphic.”
In addition, the report indicated that the downtown and citywide economy is recovering as evidenced by the rebound in development, declining vacancy rates, increasing rents, stabilizing employment, growing tax revenue and use fees, high transit use, and stable mode share. However, the addition of long term parking spaces, POPOS, and public art have temporarily slowed or stopped as a result of the lingering effects of the last economic downturn.
For more information about the 2012 Downtown Plan Annual Monitoring Report, please contact Scott Edmondson, Planner, at email@example.com.