Keller Grover Properties, the developer of 1965 Market St., told San Francisco’s planning department it would attempt to use Senate Bill 423 just days after the city became subject to the streamlining law, reported the San Francisco Business Times. San Francisco became subject to the law, which eliminates discretionary review for eligible residential projects, late last month, after the state concluded the city failed to build enough housing in 2023.

The notice of intent submitted to the city on July 2 does not constitute a formal development application, although it reiterates the details of the planned 23-story tower, the Business Times reported. The project will include 12 studio apartments, 80 one-bedroom apartments, 98 two-bedroom apartments and 10 three-bedroom apartments, with 28 of its units designated affordable.

Under SB 423, the city is required to provide near-automatic approval to projects that qualify, while it restricts opponents’ ability to appeal those decisions. The bill, sponsored by Sen. Scott Wiener, shortens an entitlements process that can take several years to a few months. Other Bay Area jurisdictions besides San Francisco are also subject to the provisions of SB 423, according to the Business Times.

Rendering courtesy of RG Architecture.