The Permit File and the Word on It
Tenderloin Neighborhood Development Corporation resubmitted its preliminary project permits for 1234 Great Highway in July 2026. Jacob Goldstein, the project manager, wrote in the same note that the project remains "on hiatus". Rosina Boehm reported both in Mission Local on 17 July 2026.
What Cleared
The plan covers 199 studio, one-bedroom and two-bedroom apartments in two eight-storey buildings on the parcel between Great Highway and La Playa Street. Some units are set aside for formerly homeless seniors. Paulett Taggart Architects drafted the plans.
A healthcare centre run by Self-Help for the Elderly would provide nursing care, physical and occupational therapy, and mental health counselling.
Boehm's report credits two laws for the speed of entitlement: the city's constraints-reduction ordinance, and SB 423, the state law that fast-tracks projects in jurisdictions missing state housing goals. Financing stopped the project after both applied.
What Stopped It
The estimated cost is $181 million. The project has been on hold since changes at the federal Department of Housing and Urban Development threatened its financing, and developers lost a key state grant.
The report carries no replacement grant, no private partner, no revised estimate and no phasing plan that would start one building ahead of the other.
The Capital Path Rests on One Vote
Proposition I sits on the November ballot. It would authorise $11.25 billion in state bonds for income-qualified housing. Goldstein wrote that TNDC plans to restart the financing process in January 2027 if the measure passes.
Construction would take almost two years from a start. The January date is a stated intention. The report carries no allocation to this project from the measure.
The Cost of the Wait
The $181 million estimate predates the hold and the lost grant. The report publishes no refreshed figure and no date for one.
Each month before the vote, the site keeps its current use. That use is a Motel 6, open and taking bookings.
What the Parcel Does Now
Lodging within walking range of the site runs to small independents: Seascape Inn and Beach Motel on Judah Street, and Seal Rock Inn on Point Lobos Avenue.
The report also records that the project has been unpopular with some area residents since its inception. A two-year build follows any construction start.
Weighing the Two Uses
The site holds motel rooms today. A build removes those rooms for the construction period and after it. The replacement is 199 homes for seniors, a use the corridor does not carry now.
The capital stack in the record has one source and one date. It waits on a statewide vote, then on a state allocation, then on a restart the sponsor has described but not scheduled beyond January 2027.
A model that survives one point of failure would need a committed first source and a phasing plan. Neither appears in this record. On the record, delivery at 1234 Great Highway follows the November result.
What to Track
Three documents carry the answer: the November vote count, the next filed permit package, and a refreshed cost estimate with a publication date.