The San Francisco Parks Department and Planning Commission have unanimously approved the Three Transamerica redevelopment in San Francisco’s Financial District. Three Transamerica, or 545 Sansome Street, is the second phase of SHVO’s billion-dollar investment in the historic office complex with design by Foster + Partners. Its adaptive reuse will create a new gateway for the city’s most iconic skyscraper.
SHVO, the new owner of the Transamerica Pyramid and two adjacent buildings, has started renovations of San Francisco’s iconic property with an official ceremony. Though not a traditional groundbreaking event, dirt was shoveled by many important local representatives next to Michael Shvo. Plans for renovating the 50-year-old landmark are designed by Foster + Partners.
Construction work has begun on the renovation of San Francisco’s most iconic skyscraper, the Transamerica Pyramid. The project is led by the New York City-based property owner, SHVO, with design by Foster + Partners. Focused on the public open space and the pyramid’s interiors, phase one will reemphasize the iconic modernist design inside, update the offices, increase on-site amenities, and lease 45,000 square feet for a Manhattan-based elite social club, all in a bid to elevate the pyramid from a visual marvel into a magnetic destination for both tenants and the public.
The third tallest building proposed or built, and the second tower building standing in the Bay Area, is the Transamerica Pyramid, the defining icon for the San Francisco skyline since its completion in 1972. With a rooftop height of 853 feet tall, the pyramid would not be surpassed in height until 2018 with the completion of the Salesforce Tower. William L. Pereira & Associates is responsible for the design.