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Number 26: First Market Tower at 525 Market Street, SoMa, San Francisco

525 Market Street from across the moth-balled Oceanwide Center construction site, image by Andrew Campbell Nelson525 Market Street from across the moth-balled Oceanwide Center construction site, image by Andrew Campbell Nelson

525 Market Street is tied as the 26th tallest building in the Bay Area planned or built. The structure has a 529-foot pinnacle above SoMa, contributing over a million square feet of office space to San Francisco’s central business district. John Carl Warnecke is the architect.

525 Market Street, image by Andrew Campbell Nelson

525 Market Street, image by Andrew Campbell Nelson

Today’s story is part of a weekly series on SFYIMBY to count down the 52 tallest towers in the Bay Area built or planned as of January 2021. 525 Market Street is tied with One Post Street with a rooftop height of 529 feet.

525 Market Street rises from a 44,270 square foot parcel to yield just shy of 1.1 million square feet. It was the second-largest office building by square footage when completed in 1973, surpassed only by 555 California Street. 555 California Street maintains the status as the largest office tower by floor area in San Francisco, with 1.97 million square feet to the Salesforce Tower’s 1.6 million square feet.

525 Market Street viewed from across the One Bush Street plaza, image by Andrew Campbell Nelson

525 Market Street viewed from across the One Bush Street plaza, image by Andrew Campbell Nelson

John Carl Warnecke is responsible for the design of the tower. The imposing verticality is emblematic for the firm recognized for its use of brutalism and Bauhaus design tropes. The San Francisco-based architect is well remembered for designing the Eternal Flame memorial gravesite for President John F. Kennedy in Arlington. Warnecke’s master plan for Lafayette Square in Washington DC also gained significant attention for bringing the first modern buildings to the historic square. Other work includes the Philip A. Hart Senate Office Building in DC and the Hawaii State Capital Building in Honolulu.

However, readers familiar with New York will best know the Warnecke firm for the brutalist and windowless 33 Thomas Street skyscraper owned by AT&T in Lower Manhattan.

525 Market Street updated plaza, image via Shed Landscape Architect

525 Market Street updated plaza, image via Shed Landscape Architect

The property’s plaza was renovated in 2016 to include a distinctive circular water feature, landscaping, and seating. Shed Landscape Architect and PWP Landscape Architecture designed the building in collaboration with Keating Architecture and Nova Partners Construction.

525 Market Street, image by Andrew Campbell Nelson

525 Market Street, image by Andrew Campbell Nelson

525 Market Street has been owned by the New York State Teachers’ Retirement System since 1998. The public retirement fund is the largest in the country, holding $120.5 billion of assets. Knickerbocker Properties, an affiliate of the teacher fund, sold a 49% stake in the building to a Deutsche Bank Subsidiary in early 2020 for $682 million.

525 Market Street updated plaza upper dining terrace with private garden, image via Shed Landscape Architect

525 Market Street updated plaza upper dining terrace with private garden, image via Shed Landscape Architect

Amazon is the anchor tenant for 525 Market Street. The multinational technology company rents 40% of the total area, housing the Amazon Web Services and Amazon Music divisions. Sephora is the next largest tenant, utilizing the office building as their North America headquarters since 2004.

The 39-story building is positioned at the corner of 1st Street and Market between 1st and 2nd Street. Both the Transbay Transit Center, Embarcadero, and Montgomery Street BART stations are in close proximity to the offices.

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