by Gary Belk | Feb 3, 2014 | Mission, Newsletters, San Francisco Real Estate |
The wait is almost over. After a year of construction… and some controversy… a soaring new condo complex in San Francisco’s Inner Mission district is just weeks away from opening its doors for business. Its sales office doors, that is. The Vida Condominiums, a colorful, eight-story development at 2558 Mission Street, won’t be ready for residency until early next year. But that’s not stopping anyone. The attraction is so strong for wanna-be buyers, many are putting 3-5% down in order to secure their find, with the rest of the down payment due upon purchase. Not surprising, since more than 60 percent of new construction in the area is selling for more than the asking price. The Vida, with its colorful, geometric motif, will offer 114 studio, one or two bedroom units, each approx. 680 – 1,166 square feet, some with stunning views of “Twin Peaks” and the Bay; Others overlook the vibrant street below, known for its eclectic array of shops, restaurants and vendors. It is the latest sign of a growing renaissance in one of the city’s most culturally rich and diverse neighborhoods. Long a working-class stronghold, The Mission is changing fast; It is now one of San Francisco’s fastest-evolving, hippest neighborhoods for all things edgy and artsy. Locals say it is becoming a highly desirable enclave for upscale professionals; They say it is even more renown, now, as a haven for Foodies of all stripes! After several years of low inventory across the city, The Mission is currently ranked number one among the most popular places for new home development in San Francisco… and San Fran is...
