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Friday, May 17, 2013

San Francisco residents look to derive benefits from development

From the San Francisco Business Times,
Michael Yarne and Bruce Kin Huie
Photo: SFBT Spencer Brown
Residents in the Dogpatch and Potrero Hill are carving out some green space amid an avalanche of new upscale housing. 
Facing proposals that would add 3,000 units to the neighborhood, residents have teamed up with housing developers to push for a green community benefits district. The plan would levy a special neighborhood tax to protect and enhance 25 pocket parks, community gardens and ad hoc recreation spaces. The tax would apply both to existing homeowners and developers such as AvalonBay, Trumark Urban, Build Inc. and Related of California, all of which have large projects in the area.
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