Webcor has announced the groundbreaking for Parcel C2.4, a 22-story residential tower on San Francisco’s artificial Treasure Island. The project will build 250 new rental units with some townhouse-style residences along the sidewalk at Parcel C2.4. The new tower will be a portion of the 8,000-unit master plan by the Treasure Island Community Development joint venture.
New leasing options are now up for grabs at the Salesforce West tower located at 50 Fremont Street, SoMa, San Francisco. It was recently announced that nearly half of the spaces would become available for office use by the end of this year. The office spaces will become available this year, starting as early as August 1 and continuing until December 1. Real estate services firm Cushman & Wakefield is managing the leasing offer.
New plans have been filed for a nine-story residential infill at 1233-1237 Folsom Street in SoMa, San Francisco. The proposal aims to create 44 new homes and a micro tourist hotel space on a 0.1-acre plot of land. Shatara Architecture is leading the design and application.
Several sections of a construction crane have been delivered yesterday afternoon to 30 Van Ness Avenue, a recently-cleared lot in San Francisco’s Civic Center. Crews finished demolition of the five-story office building this January, and now the site is primed for excavation of the city’s tallest skyscraper in the Hub, and the second tallest in the city after the Transbay Parcel F by Hines and Urban Pacific. Australia-based multinational real estate company Lendlease is the developer and contractor of the 47-story mixed-use proposal.
Ingka Centres has filed updated plans for the future home to IKEA at 945 Market Street in SoMa, San Francisco. The project will provide a major tenant and new life to the mall under the Ingka Center’s Livat branding for their new urban shops. Gensler, the original architect, will be responsible for recladding and upgrades to the interior and exterior.