A long-delayed Divisadero housing project at Divisadero and Oak streets in San Francisco is moving toward an October 2026 construction start. The eight-story development from 4Terra Investments and Greystar plans 203 apartments, including 20 affordable units, along with retail space, parking, and bicycle storage. Construction remains subject to remaining approvals.
Key Takeaways
- The Divisadero and Oak streets development plans 203 apartments in an eight-story mixed-use building.
- Twenty of the planned apartments are designated as affordable housing.
- The project includes approximately 1,850 square feet of retail space.
- Plans call for 24 parking spaces and storage for 144 bicycles.
- Construction is scheduled to begin in October 2026, subject to remaining approvals.
4Terra Investments and Greystar are involved in the development, which is planned for the intersection of Divisadero and Oak streets. The eight-story building would add 203 apartments to San Francisco’s housing pipeline while incorporating retail and transportation-related features on the same site.
The development includes 20 affordable apartments within the overall unit count. It also calls for approximately 1,850 square feet of retail space, 24 parking spaces, and bicycle storage for 144 bicycles.
The project is scheduled to begin construction in October 2026, although that timeline remains subject to remaining approvals. For a development that has faced years of delays, reaching a defined construction target represents a notable step forward.
Other large residential proposals are also progressing through San Francisco’s development process. The Pier 70 housing proposal in Dogpatch, for example, calls for approximately 600 additional homes as part of proposed revisions to the waterfront redevelopment plan.
203 Apartments Anchor the Mixed-Use Plan
Housing remains the primary component of the Divisadero and Oak development. The planned eight-story building would contain 203 apartments, including the project’s 20 affordable units.
The affordable apartments are part of the total residential count rather than a separate phase or addition. That leaves the project with a clearly defined housing mix within a single development.
Approximately 1,850 square feet of retail space would give the building a commercial component at street level or elsewhere within the mixed-use plan. The development therefore combines residential capacity with a smaller amount of commercial space rather than operating as a residential-only project.
The 203-unit figure also provides a clear measure of the project’s potential contribution to San Francisco’s planned housing supply. The final delivery of those units will depend on the project progressing through its remaining approvals and construction.
Affordable Units Remain Part of the Residential Mix
Twenty of the 203 planned apartments are designated as affordable housing.
The units are incorporated into the same eight-story development as the rest of the apartments. They are not proposed as a separate building or later housing phase.
That distinction provides a clearer picture of the project’s residential composition. The development plans 203 apartments in total, with 20 included as affordable units.
Affordable housing is also being advanced through other projects around the city. The Balboa Park housing project near the Balboa Park BART station has moved forward with community participation as part of its development process.
Together, projects in different parts of San Francisco illustrate the range of approaches being used to add housing, from mixed-use developments with a designated affordable component to projects more directly centered on affordable housing.
Retail and Transportation Features Shape the Site Plan
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The Divisadero development extends beyond its apartment count.
Approximately 1,850 square feet of retail space is included in the current plan, adding a commercial use to the building. The project also provides two different forms of transportation storage, with 24 parking spaces and room for 144 bicycles.
The difference between the number of bicycle and vehicle spaces is one of the more distinctive features of the site plan. Bicycle storage capacity is six times the number of planned parking spaces.
These features are incorporated into the same development rather than being proposed separately. Together, the housing, retail space, parking, and bicycle storage define the principal components of the eight-story project.
October 2026 Marks the Next Target
The most important date now attached to the project is October 2026.
Construction is scheduled to begin that month, subject to remaining approvals. The timeline gives the long-delayed development a specific target for moving from planning into physical construction.
4Terra Investments and Greystar remain involved as the project approaches that stage. The current plan establishes the major elements of the development, including its eight-story height, 203 apartments, affordable housing allocation, retail space, and transportation facilities.
The remaining approval process will determine whether construction proceeds according to the planned schedule.
For the Divisadero housing project, the significance of the latest development is therefore straightforward. A project that has experienced years of delays now has a defined 203-unit plan and a targeted construction start, with October 2026 serving as the next major milestone.
Frequently Asked Questions
How many apartments are planned for the Divisadero Housing Project?
The Divisadero housing project plans 203 apartments in an eight-story mixed-use building. The total includes 20 apartments designated as affordable housing.
How many affordable apartments are included?
Twenty of the project’s 203 planned apartments are designated as affordable units. Those apartments are included within the overall residential total rather than being proposed as a separate phase.
Where is the development located?
The project is planned for the intersection of Divisadero and Oak streets in San Francisco. The site will combine residential space with approximately 1,850 square feet of retail space.
What transportation features are planned?
The development includes 24 parking spaces and storage capacity for 144 bicycles. Both are part of the same mixed-use site plan as the apartments and retail space.
When is construction expected to begin?
Construction is scheduled to begin in October 2026. The planned start date remains subject to the project’s remaining approvals.
