Monday Morning Quarterbacking: Salesforce Tower was not zoned at all residential, despite its being located South of Market - not in the financial district itself; that's a lot of square footage that doesn't need all to be commercial, particularly in a City with a perennial housing shortage.
I'd like to think shortsidedness of a certain sort would explain things, but it doesn't. Basically, as I've heard it surmised and scuttlebutted, the developer assumed from the outset that San Francisco is hostile to new building anyway in spirit, and decided along the following lines (independent of numbers crunching): by the time San Francisco knows what Caracas has been going through for decades, Salesforce Tower will by force of social economic necessity become a version of El Torre de David.
The thinking that billionaires bring to bear on San Francisco - really!
As a victim of criminal displacement by the unlikeliest of landlords to do so in the mess of [ed. for clarity, relevance, emphasis: sooper-dooper WRONG] evictions in recent years, I find my own unwillingness to believe half-baked and speculation-spiked explanations acceptable....
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