Parcel F

550 Howard Street:Parcel F Architectural design, rendering by SteelBlue

Hines Gets Loan Extension for 61-Story Parcel F, San Francisco

Permits are approved, and construction was expected to start two years ago, but now the site remains undisturbed while the project developer has received an extension for two loans totaling $80 million. Both JPMorgan Chase Bank and United Overseas Bank have pushed the deadline for Hines through October for two $40 million loans pertaining to the 61-story proposal at 550 Howard Street in SoMa, San Francisco. If built today, the mixed-use tower could become the fourth tallest tower in the city.

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Parcel F Tower, design by Pelli Clarke Pelli with rendering by SteelBlue

Number 5: Transbay Parcel F at 550 Howard Street, SoMa, San Francisco

The fifth tallest building in the Bay Area planned or built in the SFYIMBY January 2021 Countdown is the Transbay Parcel F at 550 Howard Street in SoMa, San Francisco. Proposed by a joint venture with Hines, Urban Pacific, and Goldman Sachs Asset Management, the mixed-use tower will rise 806 feet above street level. Construction is scheduled to start in the first quarter of next year.

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550 Howard Street, design by Pelli Clarke Pelli

Rosewood San Francisco Announced for 550 Howard Street, SoMa, San Francisco

Hines has announced a deal with Rosewood Hotels and Resorts to occupy the hospitality portion of 550 Howard Street, a mixed-use tower set to break ground early next year in SoMa, San Francisco. Dubbed Parcel F, it is the tallest of the remaining Transbay tower parcel remaining. The 806-foot tall tower is being developed by a joint venture with Hines, Urban Pacific, and Goldman Sachs Asset Management.

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Parcel F Tower, design by Pelli Clarke Pelli with rendering by SteelBlue

Board of Supervisors Expected To Approve 550 Howard Street Today, SoMa, San Francisco

The San Francisco Board of Supervisors is expected to give their second and final approval for the 61-story mixed-use proposal for 550 Howard Street in SoMa, San Francisco. The highly-anticipated approval comes after the supervisors voted 10 to 1 to allow construction. The project is located on Parcel F of the Transbay district development plan and represents the last major project from the plan sixteen years since it was adopted.

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550 Howard Street between the Bay Bridge, design by Pelli Clarke Pelli

Notice of Public Hearing Circulating for 550 Howard Street, SoMa, San Francisco

The San Francisco Planning Department has circulated a notice to the public that the development for 550 Howard Street in SoMa, San Francisco, is heading to the Planning Commission on January 28th. The document provides updated building stats for the tower, including a 50-foot decrease in height since our last coverage. Regardless, at 750 feet, the Transbay Parcel F tower is the tallest active project in the Bay Area’s pipeline. Hines is responsible for the development.

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