Skidmore Owings & Merrill

98 Franklin Street with One Oak to its left, rendering by Skidmore Owings & Merrill

New Building Permits Filed for 98 Franklin Street, Civic Center, San Francisco

5:30 am on February 22, 2021 By Andrew Nelson

New building permits have been filed for a 37-story mixed-use tower at 98 Franklin Street in the Civic Center neighborhood of San Francisco. The city’s Planning Department approved the development in May of 2020, allowing for construction on top of surface parking at the corner of Oak and Franklin with a small parcel of land, allowing construction to extend to Market Street. Related Companies is responsible for the development.

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45-53 Third Street aerial view, rendering by SOM

Renderings Revealed for 45-53 Third Street, SoMa, San Francisco

5:30 am on February 16, 2021 By Andrew Nelson

Development plans are currently under review for a modern mixed-use skyscraper at 45-53 Third Street in SoMa, San Francisco. Recently uncovered renderings show in greater detail than previously reported the sculptural design by SOM. Overlooking the Yerba Buena gardens, the project will provide affordable and market-rate housing, luxury hotel space, offices, retail, public area, and an art market, all in one 600-foot structure. The development is being co-sponsored by the Hearst family and JMA Ventures.

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900 7th Street site plan relative to the rest of SoMa, by Recology and SOM

Amazon Purchases 900 7th Street from Recology for $200 Million, Mission Bay, San Francisco

5:30 am on December 17, 2020 By Andrew Nelson

Following an unusual permit for 900 7th Street in Mission Bay, as covered by SF YIMBY last week, recent news has broken that the application is a proposed new distribution center for Amazon. The tech giant has reportedly purchased the lot for $200 million. Amazon’s proposed Logistics Facility will replace Recology’s proposed mixed-use 470-550-unit project designed by SOM.

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900 7th Street, by Recology and SOM

Proposal Filed Without Knowledge of Owner for 900 7th Street, Mission Bay San Francisco

5:30 am on December 10, 2020 By Andrew Nelson

Recent permits have provoked confusion concerning the 5.8 acre-parcel at 900 7th Street in Mission Bay, San Francisco. Recology, a San Francisco-based company, is the current property owner and has been since the 1970s. SFYIMBY confirmed with the developers that their proposed 1.2 million square foot mixed-use development, designed by SOM, is very much an active project. We had to verify this because of a recent project review meeting application for a commercial facility on the same land. Recology learned of the contradictory permits because of our correspondence.

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555 California Street seen right of center

Sale of Vornado and Trump Owned Iconic 555 California Now On Hold

5:30 am on November 25, 2020 By Andrew Nelson

Once the tallest building in the west of the United States, 555 California Street still stands out in the San Francisco skyline half a century later. The 1969-era skyscraper has long been symbolic of the city’s Financial District, second only to the Transamerica Pyramid. Currently, the building is majority-owned by Vornado Realty Trust, holding 70% of ownership, with a 30% partnership deal with the President’s Trump Organization. Vornado announced this week that they have temporarily ceased efforts to sell the building, as well as the 1290 6th Avenue tower in Manhattan, also part-owned by the President’s company, stopping the search for a potential $5 billion transaction. If made, the Trump Organization stood to gain $1.5 billion. Efforts to sell are expected to restart in 2021.

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