Financial District

Transamerica Pyramid aerial view, image courtesy SHVO

$400 Million Renovation Project Starts with San Francisco’s Iconic Transamerica Pyramid

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.

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425 Broadway view along Montgomery Street, rendering by Ian Birchall & Associates

Mixed-Use Progresses At 425 Broadway In Jackson Square/North Beach, San Francisco

Development permits have been filed seeking the construction of a mixed-use project proposed at 425 Broadway in Jackson Square/North Beach, San Francisco. The project proposal includes the development of a building offering retail and residential spaces. Plans call for the demolition of an existing 144-space parking garage on the site. San Jose-based Yeh’s Development is responsible for the project through Montgomery Place LLC. Ian Birchall & Associates is responsible for the design.

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545 Sansome Street from Sansome and Washington, rendering by Gensler

Tense Development Toward 545 Sansome Street Expansion, Financial District, San Francisco

Plans to expand the commercial office building at 545 Sansome Street in San Francisco’s Financial District that were first filed in early 2020 are still under review, with updates in late 2021. The application, started under the previous owner, Aegon, has continued after the $650 million bundle-sale of the property with 505 Sansome Street and the Transamerica Pyramid in February of 2020 to New York-based SHVO. This week, the developer enflamed tensions in the city by announcing it would not renew the lease for Sai’s Vietnamese Restaurant, which has operated from the property for 37 years. Now, SHVO promises to assist in searching for a new permanent home for Sai’s while city officials look to provide more stability for the family business.

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Transamerica Pyramid seen from Treasure Island, image by Andrew Campbell Nelson

Number 3: Transamerica Pyramid in the Financial District, San Francisco

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.

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555 California Street view looking north

Number 6: 555 California Street, Financial District, San Francisco

555 California Street is the sixth tallest skyscraper in the Bay Area, planned or built. Formerly known as the Bank of America Building, the distinct carnelian granite-clad tower stands 779 feet above the San Francisco Financial District streets. 555 California was briefly the tallest building in the country west of the Mississippi River when finished in 1969. Vornado Realty Trust and the Trump Organization are joint property owners.

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