Brookfield’s 5M is officially open. The ribbon-cutting event was held yesterday, with San Francisco Mayor London Breed and other speakers in attendance. For over a decade, the project has been in the works to replace four acres of surface parking with the city’s newest office tower, a 302-unit apartment complex, a park, and adaptive reuse of historic buildings. 5M, named for the adjacent intersection of 5th and Mission Street in SoMa, is a joint development with Brookfield and Hearst.
Brookfield Properties has announced that leasing is underway for The George, a residential tower at 434 Minna Street in SoMA, San Francisco. The 20-story apartment building is a part of the 5M development, which has changed four acres of former surface parking into a mixed-use pedestrian-oriented complex. 5M is being developed by a partnership with Brookfield and Hearst.
A year after SFYIMBY first covered San Francisco’s only new office tower to be delivered in 2021, construction work is wrapping up at 5M on 415 Natoma Street and 434 Minna Street in SoMa. Located by the 5th and Mission Street intersection, Brookfield is readying the new office tower and residential tower, expanding the high-rise plateau southwest of the Yerba Buena Gardens and Moscone Center. Brookfield and Hearst are jointly responsible for the billion-dollar project.
Rapid progress has been made across the four acres between Mission, Fifth, and Howard streets for the 5M mixed-use project in SoMa, San Francisco. Facade installation has passed the halfway point for the 395-foot office building at 415 Natoma Street, while the 20-story residential tower at 434 Minna Street has just three floors left to be covered. A groundbreaking event for the new Mary Court park occurred last Thursday with Mayor London Breed and Brookfield Properties in attendance.
Brookfield Properties has officially marked the ceremonial topping out of 415 Natoma Street, the largest office building to do so in San Francisco this year. The 395-foot structure is the largest of six planned buildings in the mixed-use 5M Development in SoMa. Three buildings will be newly constructed, while the other three are adaptively reused historic renovations. Once complete, 5M will create 856 new homes, of which 245 will be affordable, 853,000 square feet of Class A office space, 49,000 square feet of new public open space, and an array of retail spots. Brookfield is developing the project in partnership with Hearst.