The number of expensive permits builders have filed with the San Francisco Department of Building Inspection has plummeted since the pandemic, as projects ranging from office towers to apartment complexes to home improvement projects multi-story tenants in the Financial District have been suspended or canceled.
Department data shows that so far in 2022, through the end of August, only 42 work permits worth more than $5 million have been filed, totaling around $1.4 billion. dollars in electrical, plumbing and construction work. If that pace continues, this year will be weaker than 2021, when 86 permits worth $2.9 million were filed.
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