SAN FRANCISCO (KRON) — There is a construction boom happening in the Bay Area.

New numbers from Dodge Data and Analytics suggest that housing construction is up 92 percent over last year. But it might not be enough to give the middle class some relief.

You can forget about gridlock if you decide to move to the old naval yard in San Francisco.

The streets are so empty that when Robert Knigge drives around he uses a golf cart.

“Where else can you be in San Francisco and be at the beginning of a new development?” Knigge said.

Robert is one of the first people to buy a townhouse at the San Francisco Shipyard. It is one-half of a massive new development at the old naval yard and Candlestick Park that will create 12,000 homes when it’s finished.

To put it in perspective, that’s the same number of new homes built in all of San Francisco in the last five years.

“The sidewalk just put it in,” Knigge said. “The tree just put in.”

Robert’s three-bedroom condo with a view is still under construction.

He thinks it’s a part of something big.

“Out here, it’s quiet. There’s nothing. But what you do know–it’s coming,” Knigge said.

“This is the last undeveloped piece of land in San Francisco,” Sheryl McKibben of Urban Marketing said. “I would say maybe there’s a handful in the world that are really like this scale,” Knigge said.

This area is going to be so transformed over the next decade, the sales team is using virtual reality to show clients what it’s going to look like.

You can see apartment buildings, a park, and even two high-rise buildings in the distance.

“I knew the water taxi area was maybe going to be down here but now you can see it on this,” Knigge said. “This is very cool.”

“Developers have jumped back in, in a very big way,” Patrick Carlisle of Paragon Real Estate said.

Carlisle said there are 60,000 new homes in the pipeline right now in San Francisco alone. Even if they all get built, that falls short of the huge demand for housing.

So, projects like the shipyard that start out as relatively affordable don’t stay that way for long.

“If the supply and demand dynamic are out of whack, it jumps back up. So, the housing that was affordable is no longer affordable,” Carlisle said.

The townhouse is actually Robert’s second property out there.

Last year, he bought a two-bedroom for about $750,000.

“I didn’t think it would be this quick. But the time is right,” Knigge said.

In April, he sold it for 14 percent more.

“The price that I listed this place for is very reasonable with what else is in the city and comparable space,” Knigge said. “But it’s still pretty much brand new, so it’s ready to go.”

It is impossible to know just how high prices will continue to go. Experts said the luxury condo market may be quieting down.

But housing for the middle class is still in high demand.