Mayor Lurie Opens 160 New Affordable Homes for Transitional-Age-Youth, Low-Income Families at 730 Stanyan

SAN FRANCISCO – Mayor Daniel Lurie today celebrated the grand opening of 730 Stanyan, a new mixed-use, 100% affordable housing development in the Haight-Ashbury neighborhood. The 160-unit, eight‑story development repurposes a former McDonald’s location into a vibrant, service‑rich residential community, providing homes to transitional-age youth, families exiting homelessness, and other low-income households.

This new development builds on Mayor Lurie’s work to support affordable housing construction and make San Francisco more affordable for families through his Family Opportunity Agenda. In the last six months, Mayor Lurie has opened new affordable homes across San Francisco’s Bayview-Hunters Point, Mission, and Hayes Valley neighborhoods, and earlier today, he celebrated the groundbreaking of 100% affordable artist housing at 1687 Market Street. Last week, he announced that a major investment in the city’s Housing Trust Fund will head to the November ballot and signed legislation to unlock the construction of new homes across the city, which will keep costs down for families and help them stay and thrive in San Francisco.

“San Francisco is stronger when the people who teach our children, care for our families, and keep this city running can live in the neighborhoods they serve, and our administration is making strides every day to bring down costs for families so they can thrive and put down roots,” said Mayor Lurie. “For years, this site sat underutilized at the edge of one of San Francisco's most iconic neighborhoods. Right next to Golden Gate Park, close to transit and a vibrant commercial corridor, this had the potential to be a welcoming place for families to call it home. That all happens today, thanks to our partners who helped to open the doors on 730 Stanyan.”

Located at the intersection of Haight and Stanyan Streets, 730 Stanyan Street was formerly the site of a McDonald’s that had operated since the 1960s. Recognizing the location’s size and potential to address community needs, the city purchased the site in 2018 to develop 100% affordable housing. Prior to construction starting in 2023, the Mayor's Office of Housing and Community Development and Department of Homelessness and Supportive Housing partnered with neighborhood groups and city agencies to host interim community‑serving uses at the site, including pop‑up vaccination clinics and a safe sleeping village as part of the city’s COVID‑19 response.  

730 Stanyan was co-developed and is managed by Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center, two nonprofit organizations with more than 85 years of combined experience in both the development and management of affordable housing in San Francisco.

“730 Stanyan reflects the kind of city we all want to live in—one where families can put down roots, young people can begin adulthood with stability, and people who have experienced homelessness have the opportunity to rebuild their lives,” said Jennifer Dolin, CEO of the Tenderloin Neighborhood Development Corporation.

"730 Stanyan is a testament to what is possible when nonprofit, public, and private partners come together with a shared vision," said Malcolm Yeung, CEO of the Chinatown Community Development Center. "Together with our co-developer, The Tenderloin Neighborhood Development Corporation, Chinatown CDC is proud to bring 160 affordable homes to families at the gateway to Golden Gate Park, creating lasting opportunities in the historic Haight-Ashbury neighborhood."

In addition to bringing 160 new homes, 730 Stanyan also extends the Haight Street retail corridor, providing ground‑floor commercial space to serve residents and the surrounding neighborhood. The building’s ground floor includes areas dedicated to socially and culturally relevant programs that reflect the diversity of the Haight-Ashbury community, including a resident community room, social services offices, restaurant space, youth drop-in services, and a neighborhood‑serving early childhood education center operated by the Felton Institute. Residents also receive free high-speed broadband internet through the city’s award-winning Fiber to Housing program.

The development team advanced 730 Stanyan under California’s SB 35 ministerial approval process paired with Density Bonus Law incentives. This streamlined pathway enabled the project to exceed the site’s 50‑foot height limit and deliver an eight‑story, approximately 83‑foot building, and allowed the project to proceed on an accelerated timeline and reach completion without interruption.

“730 Stanyan is proof that when we pair bold state housing reforms with local leadership and strong nonprofit partners, we can deliver the affordable homes San Franciscans desperately need. Thanks to Senator Scott Wiener’s leadership on SB 35, projects like this can move from the drawing board to reality faster,” said District 5 Supervisor Bilal Mahmood. “These 160 permanently affordable homes, including housing for young people exiting homelessness and families rebuilding their lives, show what’s possible when we remove unnecessary barriers to building. We need to keep embracing the kind of bold housing reforms that make projects like this possible.”

The $153.2 million development was made possible by $69.5 million in financing from the Mayor’s Office of Housing and Community Development, funded in-part by the voter-approved 2019 Affordable Housing General Obligation Bond and funds awarded through California’s No Place Like Home program. Bank of America provided an additional $82.8 million in construction and equity financing.  

“This development brings much needed new housing to the east end of Golden Gate Park, helping working families, formerly homeless and young adults transitioning out of the foster system attain stable footing and services to build their next life chapters,” said Gioia McCarthy, Bank of America President for San Francisco-East Bay. “In a public-private partnership with the city, Tenderloin Neighborhood Development Corporation, and Chinatown Community Development Center, BofA helped bring this beautiful addition to the Haight.”

730 Stanyan was designed by architecture firms OMA and Y.A. Studio, a model partnership between an internationally recognized architecture firm and a San Francisco-based African American-led architecture firm. Local firms GLS Landscape Architecture, Cahill Contractors, and Hercules Construction were principals in the project’s design and construction.