From today’s SF Business Times,

Developers will be flocking to the San Francisco Honda at 10 South Van Ness Ave. in the coming weeks, but they won’t be car shopping.

The property is about to go on the block and is expected to fetch north of $50 million, according to brokers. Colliers International’s Tony Crossley has the listing.

The Boas family has hired Brand + Allen architects to study the parcel, which has an interesting place in San Francisco history. It was the site of the old Fillmore West where The Band’s last concert was played and captured by director Martin Scorcese in the classic film “The Last Waltz.”

The site could accommodate a 400-foot tower and up to 600 housing units, according to architect Koonshing Wong.

Now if we can only get a project like this past the Guardian and other developers, there could be 60 affordable units built, and likely even more on this site.

This location is just down the street from the 140 South Van Ness project which is a mostly-market-rate tower made up of 212 units, completed in 2003. This project has completely sold but units are regularly available as resales.

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