AXIS’ Powell Street Multi-Family Residential and Affordable Housing Project in San Francisco’s Chinatown Gains City Approval

August 29, 2025

AXIS is proud to announce that our Powell Street multi-family residential mixed-use project in the heart of San Francisco’s Chinatown has gained approval from the city. Delivering profoundly needed workforce housing and affordable residential units as part of an infill mixed-use development, the project’s approval was made possible by the recently enacted California Senate Bill 423 – legislation that streamlines the approval of multi-family residential housing in response to California’s housing shortage and affordability crisis.

Designed by AXIS’ San Francisco studio, the project will deliver 26 residential units over six stories, and includes over 2,000 square feet of ground floor commercial space. Expertly activating California’s State Density Bonus, AXIS’ design includes three rent restricted affordable housing units. Capping the development, a sixth-floor rooftop communal amenity deck will offer views of North Beach and Fisherman’s Wharf, as well as the surrounding Telegraph and Russian Hill neighborhoods.

Watch our blog for updates on this much needed housing project, as well as for additional commentary on AXIS’ experience achieving approval success with SB 423.

This article appeared in the Summer 2025 edition of The Praxis newsletter.