Crews have topped out on the seven-story life sciences development at 1450 Owens Street in San Francisco’s Mission Bay. The steel frame stands 109 feet above street level, rising over I-280, while the site’s ground floor is visible to passing Caltrain riders. Truebeck is the general contractor, and Alexandria Real Estate Equities is the project developer.
Construction is now in full swing for the life sciences development at 1450 Owens Street in San Francisco’s Mission Bay. The project crane has now been installed, preparing crews to build up the wedge-shaped parcel at the far-west edge of the dense neighborhood. Alexandria Real Estate Equities is responsible for the development.
The City Planning Commission has approved amended plans for a new life sciences research building for 1450 Owens Street in Mission Bay, San Francisco. The approved project will bring over 175,000 square feet onto the 1.13-acre lot, rising 109 feet above street level. The busy Alexandria Real Estate Equities (ARE), the largest real estate investment trust (REIT) for life science real estate in the USA, is responsible for the development.
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.