As we first reported last year, with 8 stories and 88-units at 333 Fremont Street rising next door, Crescent Heights quietly submitted plans for a twenty-five story tower with 119 dwelling units, 61 parking spaces and a 2,600 square foot roof deck to rise on the Rincon Hill parcel at 325 Fremont Street which they purchased for $4.85 million in early 2012.
As plugged-in people know, plans for a 200-foot, twenty-two story building with 59 dwelling units at 325 Fremont were first approved over a decade ago, a plan which was revised in 2004 to yield 70 units but which never broke ground. In 2005, the Rincon Hill Plan was certified and the 325 Freemont Street site was up-zoned to a 250-foot height limit.
Crescent Heights’ plans for their 250-foot tower at 325 Fremont Street as designed by Handel Architects and rendered above have yet to be approved. As the previously approved designs for a 200-foot tower by Baum Thornley Architects had appeared: