While Tishman Speyer is still waiting for final sign-off on the permits to start construction on their 655-unit project at 201 Folsom Street, a street space use permit has been issued.
With financing in place, it appears Tishman is planning to make good upon their intentions to start construction as soon as the building permits are approved, approvals which appear to be imminent according to a plugged-in source.
∙ The Arquitectonica Redesigned 201 Folsom Street Rendering Scoop [SocketSite]
∙ Tishman Teams With China On 201 Folsom, Plans To Start Soon [SocketSite]
∙ 201 Folsom Street Timing: Immediately (Upon Approval Of Permits) [SocketSite]
Per the SFDBI Permit Tracking System (PTS), PA#2012-0712-4713 has not been approved by Building, Fire and DPW. NOTE: The project hasn’t even been forwarded for review to SFMTA, SFPUC and DFCU (formality).
If imminently means 3 months then yes the construction is imminent.
Click name to see for yourself.
Build it. Let’s do this!
UPDATE: Permits For Tishman’s 201 Folsom Street Towers Project Issued.
UPDATE: T-Minus Two Days For Towering Folsom Street Project To Begin