Crescent Cove is the largest affordable housing development in the new master-planned Mission Bay community. The site was acquired by Related Companies of California who then partnered with Chinatown CDC to share development and ownership responsibilities. The project was designed to provide workforce housing and is targeted for populations at 50% and 60% rents of the area. Amenities at the complex include modern kitchens, frost-free refrigerators, garbage disposals, efficient heating systems, stylish bathrooms, and ample closet space. There is also a 3,000 square foot community center that includes the Leasing and Management offices, Community Room, and Fitness Center. Nearby areas also feature a tot lot, BBQ area, and a waterfront park.
Population: Mixed Low Income Families Square Footage: 155,597 Unit Type: 84 studios, 87 one-bedrooms, 63 two-bedrooms Waiting List: For current wait list information please contact the property at the phone number above.
Chinatown CDC Role: Owner Funding Sources: SF Redevelopment Agency, CTCAC, CDLAC, Union Bank Contractor: Nibbi Brothers General Contractors Architect: David Baker and Partners Construction Type: New Development Cost: $46,000,000