One of the first stories covered by SFYIMBY was the announcement that IKEA’s parent company, Ingka Centres, purchased 945 Market Street in SoMa for over a quarter billion dollars. Now, the property owners has filed a request for a project review meeting with the City of San Francisco. The application reveals new detail on the most significant real estate development in the Bay Area expected for 2021.
Today’s headline story is a project review of one of the more substantial urban developments in the Bay Area. KT Urban plans to build a 1.8 million square foot office building at 280 Woz Way in downtown San Jose, the heart of Silicon Valley. The project will bring two 297-foot conjoined towers, replacing a handful of single-family houses and extending the city’s burgeoning skyline further south.
A preliminary review package has revealed plans for a dramatic rehabilitation of the iconic Bank of Italy Tower at 12 South 1st Street in Downtown San Jose. While the structure is currently actively operating as an office building, the ground level remains vacant. Plans include modern office space, outdoor terraces, retail, and a music venue. Design is by Bjarke Ingels Group and RMW Architecture, with Urban Community and Vancouver-based Westbank as developers.
New elevations reveal plans for a tower at 35 South Second Street, Downtown San Jose. The starchitect Bjarke Ingels Group (BIG) is behind the design, which has a striking resemblance to a pair of trousers. The 289-foot tower will provide a large quantity of residential, office, and retail space around the corner from the future BART station and historic Bank of Italy Tower. Vancouver-based Westbank Corporation is developing the project.
Recent permits have provoked confusion concerning the 5.8 acre-parcel at 900 7th Street in Mission Bay, San Francisco. Recology, a San Francisco-based company, is the current property owner and has been since the 1970s. SFYIMBY confirmed with the developers that their proposed 1.2 million square foot mixed-use development, designed by SOM, is very much an active project. We had to verify this because of a recent project review meeting application for a commercial facility on the same land. Recology learned of the contradictory permits because of our correspondence.
