The Taipei Economic and Cultural Office has acquired the recently-completed seven-story building at 345 4th Street in SoMa, San Francisco. The nearly $53 million sale will facilitate TECO-SF’s move out of their current Downtown location by the Transamerica Pyramid and Chinatown at 555 Montgomery Street. 4th & Harrison SF, LLC, linked with the Newport Beach-based Tarsadia Investments, is listed as the project sponsor.
345 4th Street, rendering by Stanton Architecture
Stanton Architecture is responsible for the design of 345 4th Street. The project exterior will be wrapped with a curtainwall skin shaded with brise-soleil vertical fins. The building address is impressed along the full-height texturized concrete wall. A landscaped rooftop deck will offer staff and visitors views across the city.
TECO-SF provides the city with divisions for consular, education, economic, tourist, science and technology, and immigration needs. The property will include a Taiwan Trade Center. The 555 Montgomery office hosts a Chinese Culture Center.
345 4th Street sidewalk view, rendering by Stanton Architecture
345 4th Street view circa February of 2021, image by Andrew Campbell Nelson
The new facilities bring the representative office closer to Moscone Center and I-80. Several high-profile plans are in the immediate area of 345 4th Street, with mixed-use development for offices and housing at 777 Harrison Street by Boston Properties just across Harrison Street. The massive HOK-designed project extends from 4th to 3rd Street, by 395 3rd Street, where Strada has proposed a 35-story tower with over five hundred apartments designed by Henning Larsen Architects. Additional plans nearby TECO’s new offices include 701 Harrison and 744 Harrison.
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Right by the central subway Yerba Buena stop! Love to see it!
Nice! I wonder how big the property was and the construction costs.