Situated in a prime South of Market location with excellent east bay, peninsula and downtown access, 224-228 Clara is an exceptional, shovel-ready, fully entitled development opportunity, designed by Stanley Saitowitz. Owner has spent over $1,000,000 on plans and permits. Currently, the 3600 square foot lot has a vacant residential structure permitted for demolition and unimproved open space. The developed project consists of 8 market rate 2 bedroom/2 bath apartments of 1180 square feet and a single 1BR/1BA Below Market apartment of 870 square feet. As designed, the units would have open floorplans, floor to ceiling glass, unique circular bathrooms and generous kitchen islands. Top floor units would have panoramic City views. All residential floors have elevator service directly to each apartment. There is 640 SF of common roof deck with sweeping City views, lobby with bike storage and one unit with exclusive outdoor space. Construction is steel moment frame with Fire Treated Wood. This is a truly rare opportunity to begin building a unique luxury development in contrast to other cookie cutter builds in the area.