The San Francisco Planning Commission is scheduled to review office plans for 88 Bluxome Street, a years-delayed project at a key site in SoMa, San Francisco. The proposal is part of the second attempt to renege on their agreement to rebuild the Bay Club’s tennis club. Alexandria Real Estate Equities and TMG Partners are joint developers.
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.
Excavation work is underway for the 16-story mixed-use building at 555 Bryant Street in SoMa, San Francisco. While facade installation has started for the nearby offices, the same contractor is working on the foundation of what will become 501 new homes close to Caltrain Station and the Central Subway line. Strada Investment Group is responsible for the development.
Construction has topped out for the new six-story office infill at 531 Bryant Street in SoMa, San Francisco. With concrete reaching its peak, the first pieces of the facade can be spotted wrapped around the second floor. The project is being developed by Urban Land Development with financing from Washington Capital.
On the heels of new renderings published for 2700 Sloat Boulevard, another developer has shared illustrations for their own skyscraper in San Francisco. Details plans have been published for the 47-story residential tower at 636 4th Street, across from the San Francisco Caltrain Station in SoMa. Solbach Property Group is the project sponsor.
