A real estate conglomerate is about to unload an unfinished property that has agreed to rebuild a previously demolished tennis club.
The tennis court above is no more.Part of what used to be the San Francisco Tennis Club — bay club — Things have been strange since real estate firm Alexandria Real Estate Equities bought the Fifth Avenue and Brannan Street site in 2015. 1.2 million square feet of office and retail development It’s called 88 Bluxome. The following year, SF Tennis Club won a legal concession for Alexandria to build his 12 replacement indoor tennis courts on the project’s basement level.
The ball bounced unexpectedly when the pandemic hit.First, the facility Converted into a temporary homeless shelter In March 2020, SFGate broke that story, it never happenedMore urgently, Pinterest 88 Canceled a lease on Bluxome Connected to Alexandria before the office was built Abolition of the tennis court plan April 2021 — Claims it can no longer justify additional costs. But a group called the San Franciscans for Sports and Recreation (SFFSR) appealed in December to ensure that courts are still built.
Back in late May of this year, the SF Business Times reported that Alexandria was about to. Drop off a property at an undisclosed priceHowever, as The Business Times reported that the SFFSR sue them to block the sale — they are apparently based on complex contracts signed with developers.
SFFSR Executive Director Seth Sokolow told The Business Times: Interpret the contract as actually claiming that we have that right. “
That lawsuit was filed about two weeks ago.of Tuesday follow-up report, The Chronicle says it’s not just the tennis courts that are at stake. There are great benefits for the community, such as public pools,” explained Chron. All of these plans are in no man’s land if Alexandria actually sells the property.
Image: Save Bay Club SF Tennis via facebook