SAN FRANCISCO | Park Tower at Transbay | 185m | 605ft | 43 fl | Com

8877 Views 14 Replies 9 Participants Last post by Hudson11, Dec 25, 2018

Cal_Escapee

Discussion Starter · Apr 3, 2014 (Edited by Moderator)

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http://www.socketsite.com/archives/...foot_transbay_tower_about_to_be.html#comments

http://www.socketsite.com/archives/...nces_result_in_an_unexpected_transb.html#more

The City's official Request For Proposals to develop a 550-foot tower with ground-floor retail and 15,000 square feet of open space on San Francisco's Transbay Block 5 has just been issued with an explicit note attached: "Proposals that include any amount of residential and/or hotel space will not be accepted."

While the Transbay Block bounded by Beale, Howard and Main was originally slated for a residential tower and townhomes, San Francisco's Office of Community Investment and Infrastructure has determined that "economic conditions create a strong preference for commercial development over residential and hotel development on Block 5."

http://www.socketsite.com/archives/...t_tower_issued_condo_developers_need_not.html

From the RFP:

The [Transbay Joint Powers Authority] attempted to negotiate an acquisition of the 201 Mission Street driveway in order to develop the site according to the standard configuration in the Development Controls – with the tower on the eastern portion of the block at the corner of Main and Howard Streets. However, the property owner expressed strong concerns that tenant views in 201 Mission Street would be negatively impacted by a tower on the eastern portion of Block 5 and demanded a price far in excess of the standard market value of the driveway parcel.

In addition, the driveway parcel provides the only access to 201 Mission Street’s parking and loading and therefore it would not be possible to develop the driveway without also negotiating a land swap with TJPA to provide alternate access. As a result, OCII does not expect the property owner of 201 Mission Street to submit a proposal in response to this RFP – and if that property owner did submit a proposal, it would need to conform to all of the restrictions described in this section.

Because of the time spent negotiating an acquisition of the 201 Mission Street driveway and the need to issue the RFP, neither OCII nor TJPA has had discussions with the owner of 301 Howard Street regarding its parcel.

http://www.socketsite.com/archives/...umstances_result_in_an_unexpected_transb.html

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desertpunk

· #2 · Jul 25, 2014

Chicago-based team leads in race to develop Transbay Block 5

A team led by Golub Real Estate and The John Buck Co. is the top candidate to build an office tower on the Block 5 site in San Francisco’s giant Transbay redevelopment, offering $172.5 million to buy the property and put up a 43-story building.

The proposal envisions about 675,000 square feet of offices and 5,000 square feet of ground-floor retail on the block bounded by Howard, Main, Beale and Natoma streets, which includes some privately owned parcels.

The irregularly shaped site also would include almost 15,000 square feet of public open space and more than 18,000 square feet of private open space under the Golub plan.

[...]

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desertpunk

· #3 · Sep 17, 2014 (Edited)

Design For Transbay Block 5 Tower Development Revealed

A plugged-in tipster delivers the first set of renderings for the 550-foot office tower that’s proposed to rise on Transbay Block 5 at the corner of Howard and Beale, with six massive balconies overlooking Howard and Main.

Having bid $172.5 million for the land, the team led by Golub Real Estate and The John Buck Company was awarded the development rights for Block 5. The team is slated to start construction on the 664,000-square-foot tower in early 2016.

Designed by Goettsch Partners in conjunction with Solomon Cordwell Buenz Architects (SCB), the concept for the 43-story Block 5 development will need to be revised over the next couple of months “to improve the building massing, cladding, and ground-floor plane,” a requirement of the Golub team being awarded the win.

[...]

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Union.SLO

· #4 · Sep 17, 2014

Very neat and classy, a great addition for SF. :cheers2:

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LCIII

· #5 · Sep 17, 2014

Interesting. Didnt immediately love it but I think it could really grow on me. At least its different and thats a good thing.

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desertpunk

· #6 · Jul 1, 2015

At Transbay Block 5, 43-Story Office Tower Wins Approval with 'Mini-Parks' in the Sky

Last week, the office tower planned for Transbay Block 5 officially moved ahead with approval from the Office of Community Investment and Infrastructure (OCII), the successor to the Redevelopment Agency that's been overseeing the development of the Transbay District. And now the development team, a joint venture between Golub & Company and the John Buck Company, has released renderings and launched a website. Dubbed Park Tower, the building will shoot to 43 stories at the corner of Howard and Beale streets, across from the now-rising Transbay Transit Center. The irregularly shaped, 29,000-square-foot site leaves scant room for ground-level landscaping, so the building's upper floors will sport more than 25,000 square feet of landscaped decks, or "mini-parks in the sky," in architect Goettsch Partners' parlance. Local firm Solomon Cordwell Buenz is on board, along with Stevens + Associates Architects.

The project still needs an office space allocation under Proposition M—the 1986 law capping new office construction at 875,000 square feet per year—and that will be heard at the Planning Commission on July 9. As planned, Park Tower's 751,500 square feet would take up a goodly chunk of that. The project also includes 10,000 square feet of retail space.

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desertpunk

· #7 · Jan 26, 2016

In prep:

Park Tower Site, Transbay Terminal, & Millennium Tower by HunterKerhart.com, on Flickr

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SutroTower

· #8 · Jan 27, 2016

SF's boom is looking good! Kinda sad most of us can't afford it.

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prageethSL

· #9 · Jul 7, 2016

7/6

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Munwon

· #10 · Jul 8, 2016

Great tower!

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prageethSL

· #11 · Oct 19, 2016

iamfishhead @ SSP

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TheIllinoisan

· #12 · Oct 20, 2016 (Edited)

The-E-Vid said:
SF's boom is looking good! Kinda sad most of us can't afford it.

That's just how the market works, friend. At least you are able to witness a spectacular improvement to San Francisco's skyline. Most of us aren't lucky enough to own the exhibits we see in a great public museum, but we can still view and ponder their splendor. Likewise, while you might not be capable of owning a unit in this building, you are still able to take in the magnificence of the skyline improvement brought about by the building's construction. Who knows, maybe one day you will have contributed enough to American civilization to own a unit! You can do it if you really put your mind to it! Be positive, buddy! Cheers!

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