What do you do when your Pacific Heights house is listed as a historic resource but you really want to expand and remodel? If you’re Mark Pincus, apparently you plan to go underground, quite literally (and perhaps a bit figuratively as well).
Having purchased the seven bedroom Pacific Heights property that’s perched on the south side of the 2800 block of Broadway but with a Pacific Avenue address earlier this year, Pincus has drawn up plans to renovate the property. And according to a plugged-in tipster, the plans “include a significant new multilevel concrete structure below the existing house.”
Sorta makes sense, as the house has all that frontage on Broadway — and the “grand entrance” is now an alley off Pacific.
But still, I cannot imagine the cost, nor can I imagine the Broadway/Pacific neighbors being excited about a (years?) long excavation project.
He’s got enough money in the bank — makes me wonder why he didn’t go for one of the other recently-sold properties in the area.
Makes perfect sense. I envy what will ultimately become of this property. I sincerely hope they hire an architech who respects the integrity of this wonderful home and its stature.
Between the zynga, facebook and yammer invasion out there; I imagine there is going to be quite a bit of development on those blocks.
Are they gonna build mazes and secret chambers? Traps for grave robbers?
Another modern-day pharaoh is gonna throw his cash at a multi-year project. Then like Sperling next door he’ll get bored of the pricey toy and let another pharaoh finish the pyramid.
Is he digging a grave for Zynga?
…the Russians are coming to SF, along with hand-made golden ceramic tiles and all!!
Clever – An escape hatch once investors catch on to his massive fraud.
When and where can we get a PDF of the plans?
asiagoSF, thanks for posting that link; I knew I read about this phenomenon somewhere and now I remember where. There’s a related video on one of the news sites too, where they show what happens before and during one of these multimillion dollar residential “digs”. There’s contracting firms that do nothing but this kind of thing.
There is no way that the things those Chelsea residents had to put up with are going to happen in Pacific Heights. California law gives neighbors a lot more rights when construction causes property damage next door, and of course the non nouveau riche people in this neighborhood have the money and insurance companies to litigate.
It would make me sad to have windowless living space underground. But maybe he’s moving the function of above-ground storage space like wine storage, garage, etc. underground and going to reclaim the above-ground space for living? Hopefully he’s not moving the servants quarters underground. Even sadder would to be surrounded by sad staff.
I don’t think you can make much “living” space underground as bedrooms require direct egress, but you could certainly put a garage, pool, theater space, etc. down there.
Look at Google street view for 2881 Broadway — there’s almost enough space to build an entirely new house on the open land between the existing structure and Broadway. Any digging can clearly get plenty of egress, sunlight, etc. In fact, I expect, they’d make the main entrance of the house on Broadway itself. B/c of the hill, this is very different than the London examples.
I’m with Brahma though — I think the neighbors will be quite interested in the massive construction zone/pit about to hit this house, its next door neighbor, and 2901 Broadway.
@sf
that’s a funny one…digging a bunker to hide from the znga fall out… lol
wonder where the money comes from to do this construction?? lol
Months later, second-year Deloitte auditors found the expense line “Research facility for Dungeonville Project” curious. That’s when the real forensic work began.
funny…will have to build that bunker fast! lol
Really Milkshake? windowless living space?
Think skylights, sunken light courts, light shafts.
With a very large budget, here being possible, and a very talented architect and engineer, pretty much any solution is possible.
This has great potential; I’d figure $7-10m.
Good luck digging down any depth. I have renovated 4 homes in that area the soil contains areas of rock out cropping. ” Yes, lets blast ”
I think this could be handled tastefully. The back of the house is a little too flat and has no outdoor space to take advantage of the views. It would be easy enough to excavate and create usable space like Traina did a few doors down. The excavation alone could cost 10 million.. It’ll be at least 20 when he’s done, not counting the 10 million it could take to furnish the thing. Contractors must be salivating over this and 2901.
Speaking of tasteful, what’s the appropriate amount of time between screwing-over your investors and breaking-ground on your Taj Mahal?
Ah, it doesn’t matter. In 10 years Mark and Alison will sit on a bunch of boards, and tributes will be thrown at them.
Clearly the building code in England allows a lot more underground development, and from the looks of things, “direct egress” isn’t an issue. From The Guardian U.K., Billionaires’ basements: the luxury bunkers making holes in London streets:
Emphasis added.
I guess a lot of newly-minted billionaires think alike. I await Pincus’ application’s arrival at the planning commission.
“direct egress” isn’t an issue in a tall building. Not quite clear why it’s that big a deal if you go underground.