Last week, Michael Shvo showed up to his newly reopened skyscraper to unveil the contents of the once-forgotten time capsule for the Transamerica Pyramid. The memorabilia from the 51-year-old container is now on display inside the Transamerica Annex, revealing a snapshot in San Francisco’s local culture and history related to the controversial addition to the skyline. The gallery is open to the public with access from Washington Street.
The San Francisco Planning Commission is scheduled to review plans for the 41-story mixed-use tower to be built at 530 Sansome Street in San Francisco’s Financial District. The project, showing unlikely optimism in commercial real estate for the city, looks to add nearly half a million square feet of office space, a hotel, and a new fire station for the SFFD. Related California and the City are jointly responsible for the project in a public-private partnership.
Early last month the San Francisco Board of Supervisors voted unanimously to approve the proposed redevelopment of Embarcadero Park along the Financial District’s waterfront. The decision comes after voters approved Proposition B last November, providing up to 41 million towards the redevelopment of multiple parks in the San Francisco Downtown neighborhoods.
On Thursday, April 3, the San Francisco Planning Commission will hold a regularly scheduled public hearing at City Hall. The meeting agenda will include four items related to the approval of the proposed 29-story hotel at 570 Market Street. The project, designed by Danny Forster & Architecture, has been in the works since early 2021 but has not yet begun construction.
The draft environmental study has been published for the eye-catching 41-story office/hotel tower and a replacement for Fire Station No. 13 at 447 Battery Street and 530 Sansome Street in San Francisco’s Financial District. The proposal shows optimism from the developer that the demand for high-end office space will return. Related California and the City are jointly responsible for the project in a public-private partnership.
