Permits have been filed for the first phase of alterations on the new BART headquarters at 2150 Webster Street, Downtown Oakland. The move will keep the Bay Area Rapid Transit (BART) agency located in the city center while saving an estimated fifth of a billion dollars on rent over a twenty-five year period. The move is estimated to cost $227 million.
While there are many skyscrapers in the planning pipeline for Downtown San Jose, one of these buildings is making a quick ascent. The Adobe North Tower at 333 West San Fernando Street is on pace to top out by the early half of 2021, with the reinforced concrete currently eight floors high and ten remainings. Adobe is the owner of the development, with Gensler in charge of the design.
Permits are currently under review for the renovation and transformation of San Francisco’s I. Magnin Building at 233 Geary Street, in the Tenderloin. The plans change the building from a Macy’s department store into a mixed-use building with apartments, expanded offices, and retail. The 1946-era stone facade will receive a few significant alterations, including prominent new window accents, updated street cladding, and a curtainwall wrap along the top level. The structure overlooks the festive Union Square and the Macy’s Christmas Tree, with some of the city’s highest foot traffic for shopping and sightseeing. Sand Hill Property Company are the developers following the $250 million sales in January 2019.
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.
