Mayor Ed Lee continues his housing offensive, with a planned Friday announcement that the city will construct a 101-unit building in the Mission Bay for homeless veterans and low-income families.
The site, at 1150 Third St., will become the first veterans’ project in the long-planned mixed-use development that sits between AT&T Park and the planned Warriors arena. Fifty units will go to veterans and 50 to low-income families, plus one manager unit.
Lee will put together $5 million in private donations to help pay for the roughly $47 million project, which is expected to break ground in December 2016 and open its doors in 2018. The private donations accelerate its completion by a year, city officials said.