An extension request has been filed for plans to convert the Hearst Building offices into a 170-key hotel at 5 Third Street in SoMa, San Francisco. The plans will affect three buildings on the site, including the 13-story Hearst Building, 17-29 Third Street, and the Stevenson Street annex. Bespoke Hospitality is the project sponsor.
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.
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.
The proposed 45-53 Third Street mixed-use tower is expected to be tied as the 13th tallest building in the Bay Area. Located in SoMa, San Francisco, the building will be tied with 101 California Street and 50 Fremont Center with a rooftop height 600 feet above street level. The development is being co-sponsored by Hearst and JMA Ventures.
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.
