San Francisco County Awards Facilities Contract to Balboa Lee Avenue LP (March 2026)
San Francisco CountyCounty · CA- Disclosed value
- $15,000 annual base rent; Loan not to exceed $29,280,757
- From agenda
- Approved
- Mar 25, 2026
- Renews
- Free account
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
THE 30-SECOND BRIEF
The City plans to execute a long-term ground lease with Balboa Lee Avenue, L.P. for 105 Wisteria Lane (Balboa Reservoir Building A) at $15,000 in annual base rent to support a 100% affordable 158-unit housing development. An amended and restated loan agreement of up to $29,280,757 with a minimum 57-year term will finance development and construction of the project.
Balboa Lee Avenue LP holds this facilities contract with San Francisco County.
The renewal date is on record. A free account shows it, with the renewals for every San Francisco County contract.
Contract details
- Contract type
- Facilities
- Amount
- $15,000 annual base rent; Loan not to exceed $29,280,757
- Document date
- March 25, 2026
- Term
- Ground Lease: 75 years with one 24-year option to extend; Loan: minimum term of 57 years
- Renews
- Free account
- Vendor
- Balboa Lee Avenue LP
- Agency
- San Francisco County
- Source document
- City and County of San Francisco Budget and Finance Committee Meeting Agenda March 2026 (Agenda)
Balboa Lee Avenue LP's other public contracts
More San Francisco County contracts
Questions about this contract
Who was awarded the facilities contract by San Francisco County?
Balboa Lee Avenue LP was awarded this facilities contract by San Francisco County, as recorded on March 25, 2026. The contract value is $15,000 annual base rent; Loan not to exceed $29,280,757.
How much is the Balboa Lee Avenue LP contract with San Francisco County worth?
The Balboa Lee Avenue LP contract with San Francisco County is valued at $15,000 annual base rent; Loan not to exceed $29,280,757, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City and County of San Francisco Budget and Finance Committee Meeting Agenda March 2026 (Agenda), dated March 25, 2026 from San Francisco County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Balboa Lee Avenue LP hold?
Balboa Lee Avenue LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is San Francisco County currently buying?
Explore San Francisco County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.