S.F. Flower Mart vendors consider bid from developer - Part 2

As I posted earlier, the SF Flower Mart (@ 6th Street/Brannan) is considering selling a portion of its land to a developer who whose intention is to build housing. SF Gate has a detailed article on the topic today.

"...the 88 shareholders of the cooperative that controls the west end of the Flower Mart have received ballots asking them to authorize the sale of their portion of the site to AvalonBay Communities, a real estate investment firm in Virginia."

You will recognize the AvalonBay name from other projects in the South Beach/SOMA area, most of which (I believe) are rental housing.