Comment by bertmuir

I built 6,847 homes in San Francisco, 2015 to 2031. Grade S, "Person the Neighbors Have Heard Of". Survived all eight investor reviews. 25 hearings, 3 appeals, 1 lawsuits. The city needed 82,069. Ranked #1 of 12 on the global leaderboard.

You can build a lot more mega projects, but it hinges on luck and timings. Before the price crash in 2020, you can build phase 1 of all the pre-approved mega projects, and have time to start phase 2 on one of them.

You'll go bankrupt before you can do them all, so you need to pick up at least one of the pre-approveds, then immediately drop and sell the entitlement, for ~8M profit, that gets you the buffer needed.

Mission Rock you can build the first phase before the crash, then hold onto it allll the way through until the late 2020s when prices recover, and get the 2nd phase out then. Pier 70 is pretty luck-dependent.