The would-be developer of a $350 million, 12-story luxury condo tower on San Francisco’s waterfront has one more obstacle to tackle after getting approvals to build the project last year: a citywide ballot initiative in the November elections.
Pacific Waterfront Partners LLC and its allies have already put $1.4 million into television ads and other publicity to convince voters to sign off on the project, which is opposed by nearby residents and the owner of a nearby office complex that would have some views obstructed, the Wall Street Journal reports. Source: wsj.com