Preliminary Permits Filed For Seawall Lot 330 Housing, San Francisco

Preliminary permits have been filed for the residential component of a master plan development along San Francisco’s Embarcadero Waterfront. The initial plans describe developing Seawall Lot 330, also addressed as 555 Beale Street, with over six hundred dwelling units across two residential buildings. Strada Investment Group is the project sponsor.

Earlier this year, Strada received approval from the San Francisco Port Commission to split the office and housing components of the Piers 30-32/SWL 330 master plan. Both properties are currently owned by the city. The Executive Director of the Port of San Francisco, Elaine Forbes, said that the developer has determined that based on “based on a $125 million infrastructure funding gap, the complex timing of the U.S. Army Corps-led seawall project, prolonged weakness in the office market, and uncertainty in federal infrastructure funding,” the office component for Piers 30 and 32 is too speculative to proceed.

555 Beale Street site plan, illustration by Grimshaw and Perry Architects

555 Beale Street site map, illustration by Grimshaw and Perry Architects

Full build-out will yield around 600,580 square feet across the two structures, with 433,460 square feet of housing, 186,290 square feet for parking, and 6,970 square feet of ground-level retail. Unit sizes will vary, with 162 studios, 321 one-bedrooms, and 136 two-bedrooms. The podium-level garage will be provided for 354 cars and 37 bicycles. Of the 619 apartments, 93 will be deed-restricted as affordable housing.

Los Angeles-based Grimshaw Architects will oversee design, with Perry Architects serving as the executive architect. Elevations help express the distinct design approaches for the two phases. The glassy tower, dubbed T1, will reach 23 floors tall, rising from a five-story podium. The exterior will be wrapped with a curtain wall glass skin, with design elements including bronze-toned accents and mullions. The ten-story building, named T2, will be wrapped with a mix of floor-to-ceiling windows, GFRC cladding, and bronze-toned metal panels.

555 Beale Street T1 vertical elevation, illustration by Grimshaw and Perry Architects

Seawall Lot 330, image via Google Satellite outlined approximately by YIMBY

The 2.3-acre property is located along Beale Street and the Embarcadero, directly across from Piers 30 and 32. The site is currently occupied by surface parking and a non-profit-led navigation center.

The estimated cost and timeline for construction have yet to be shared. Given the preliminary nature of the application, certain details and design elements are likely to be changed. The formal application has not been filed.

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