The San Francisco planning commission is scheduled to vote tomorrow on office floor space authorization for the Flower Mart redevelopment plan at 610-698 Brannan Street in SoMa. The full-block project is expected to completely reshape the property with over two million square feet of new floor area with offices, retail, and POPOS. Kilroy Realty is the owner and project developer.
The office allocation application has been filed for the $400 million three-structure development at 610-698 Brannan Street, i.e., the Flower Mart site, in SoMa, San Francisco. The application pertains to over two million square feet of proposed offices divided between the Market Hall, the Blocks Building, and the Gateway Building. San Francisco-based Kilroy Realty is the project developer.
Standing at the Salesforce Tower’s foot, 100 First Plaza is not among the city’s most recognizable structures. By comparison, it almost appears short. Yet, with a pinnacle 447 feet above street level, it is the 42nd tallest building in the Bay Area built or planned. The tower, located at 100 First Street in SoMa, opened in 1988 with a postmodernist design from the office of Skidmore, Owings & Merrill.
A press release from Kilroy Realty broke the news that 1800 Owens Street will be sold for $1.08 billion, breaking records as the second-highest price for a single property in San Francisco and the highest price per square foot in the city history at $1,440 per square foot. The property in question is a recently completed office complex in Mission Bay. Kilroy expects the deal to close at the end of March.