Permits have been filed for new medical offices at 1450 Owens Street in the neighborhood of Mission Bay, located just outside of Downtown San Francisco. The permit calls for the construction of a new mixed-use life sciences lab. The building will have approximately 131,000 square feet of space of life science research space, 49,998 square feet of office space, and 2,600 square feet of ground-floor retail space. The structure will stand 109 feet tall, with a 20-foot tall mechanical penthouse situated atop the building. The structure is on a 1.13-acre lot.
The project is a part of the massive Mission Bay Project. The project, which was started in 1998 and is projected to finish this decade, added $8 billion of investment to the city. 6,500 housing units were added, and an expected 30,000 jobs were created.
The site sits between Nelson Rising Lane and Mission Bay Drive. It is within walking distance of the many amenities located in Downtown San Francisco and Mission Bay, while also being near transit.
The building is being developed by Alexandria Real Estate Equities and is designed by Iwamoto Scott Architects. The guiding will need allowances to reach its potential height. It will go to the design commission on the 22nd.
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