The San Francisco Planning Department has approved rezoning Transbay Block 4 to conform with the 47-story proposal by Hines in SoMa. The 513-foot tower will exceed the 400-foot height limit for the parcel at 200 Main Street, creating 681 new homes, of which nearly half will be designated as affordable. Groundbreaking is expected by late 2023 or 2024.
Several sections of a construction crane have been delivered yesterday afternoon to 30 Van Ness Avenue, a recently-cleared lot in San Francisco’s Civic Center. Crews finished demolition of the five-story office building this January, and now the site is primed for excavation of the city’s tallest skyscraper in the Hub, and the second tallest in the city after the Transbay Parcel F by Hines and Urban Pacific. Australia-based multinational real estate company Lendlease is the developer and contractor of the 47-story mixed-use proposal.
Sales have officially started for 88 at The Park, the residential development at 88 Arkansas Street in San Francisco’s Potrero Hill neighborhood. The project offers 127 residences with some affordable housing across from Jackson Park. First City Development is responsible for the project, with interiors by Solomon Cordwell Buenz.
Grosvenor has announced that the official groundbreaking has occurred for 1951 Shattuck Avenue, a new 12-story mixed-use project in Downtown Berkeley. The 163-unit development has received a $90 million construction loan from J.P. Morgan and aims to finish by the second quarter of 2024. Solomon Cordwell Buenz is the project architect.
New permit activity shows plans are moving ahead for the 47-story skyscraper at Transbay Block 4 in SoMa, San Francisco. Representatives for the property owner, Hines, have recently filed an amendment request to increase the lot’s height limit from 450 feet to 513 feet. The building would create hundreds of below-market-rate units, apartments, condos, and townhomes overlooking the proposed Transbay Park.
