Financial District

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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345 California Center aerial view

Number 7: 345 California Street, Financial District, San Francisco

The seventh tallest tower in the Bay Area built or planned is 345 California Street, a mixed-use skyscraper in the heart of San Francisco’s Financial District. The building opened in 1986, adding office space to the commercial market, and the Mandarin Oriental hotel once occupied the top eleven floors. When completed, it was the third tallest in the Bay Area with a rooftop height of 725 feet.

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530 Sansome Street commercial variant from Washington Street, rendering by Skidmore Owings & Merrill

General Plan Referral Filed for 530 Sansome Street, Financial District, San Francisco

The General Plan Referral has been filed for The Related Companies mixed-use tower at 530 Sansome Street, a requirement ahead of a Board of Supervisors’ vote to approve. The proposal would replace Fire Station 13 in San Francisco’s Financial District. Two distinct project variants are being considered for the rest of the tower, to build either a 200-guestroom Equinox hotel with a gym and offices or 256 apartments. The development is a public-private partnership with Related, the San Francisco Bureau of Real Estate, and the San Francisco Fire Department.

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