Planning commission approves Kilroy Realty’s San Francisco project

Kilroy Realty Corporation’s Flower Mart Project in San Francisco’s Central SoMa neighborhood was unanimously approved by the San Francisco Planning Commission at its July 18, 2019, public hearing.

The approval includes an initial office allocation of approximately 1.4 million square feet under San Francisco’s Office Development Annual Limit Program, as well as priority for a future-phase allocation of approximately 350,000 square feet in 2021, with the remainder of the more than 2 million square feet of office space in the project allocated after 2021.

The Flower Mart Project’s development agreement must still be approved by the San Francisco Board of Supervisors and signed by the Mayor, a process that could be complete as early as October of this year.