The new proposal will join a party of other sites looking to take advantage of the area’s powerful corporate presence.
Another hotel team has thrown their hat into Mid-Market’s development ring with a plan to cater to the neighborhood’s rising corporate and extended-stay demand.
San Francisco-based Stanton Architecture has submitted a preliminary project assessment application for a $40 million, 16-story limited-service hotel slated to deliver 162 rooms to the corner of Mission and Ninth Streets. The proposal would include the demolition of two existing buildings: a vacant commercial property at 1310 Mission St. and a mixed residential-tourist hotel at 80 Ninth St.
With Twitter, Uber, Dolby Laboratories, and Square headquarters just a block or two away, principal Michael Stanton said the project’s location and oversized rooms are a perfect fit.
“With several corporations headquartered there, it’s seen as a business hotel in the week and a family and visitor hotel on the weekend,” he said. “It will be a terrific plus for the area.”