A sizeable multifamily project is under construction at 555 Golden Gate Avenue in Civic Center, Downtown San Francisco. The project, named “Elevant,” will stand 11 floors tall, providing 55 residential units. Developed by JS Sullivan, residents of the future tower will enjoy various amenities, like access to a roof deck, furnished lobby, and a barbecue grill. Residential parking will be offered on-site, with vehicle stackers used to maximize space. All residential units will be condos.
Articles by Colin LeStourgeon
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.
Permits are filed for an expansion of office space at 153 Townsend Street in China Basin, located just out of downtown San Francisco. The permit calls for the interior renovation of the structure. Plans are for the replacement of parking levels on the third and fourth floors of the building. These parking levels with be replaced with office space. With the renovation, a total of 198 parking spaces will be removed, while 170 remain.
Permits have been filed for the residential expansion of 2390 Chestnut Street in the neighborhood of Cow Hollow in the Marina District, San Francisco. The permit calls for the interior renovation of the structure along with six additional dwelling units, increasing the density of the structure. The apartments will replace what is currently used as storage and garage space.
Ventas has purchased the recently completed Genesis Office Complex for $1 billion. The project, which features two sleek glass towers, will add considerable depth to the companies growing portfolio of properties. Genesis wrapped up construction in 2019, yielding 721,000 square feet of office space for the South San Francisco market.