Trumark Urban is working on plans for a modern 12-story building to rise along Market and Oak Streets, between Franklin and Van Ness, with 109 condos over three ground-floor retail spaces and a basement garage with parking for 28 cars and 110 bikes.
As designed by Handel Architects, the proposed 1546-1564 Market Street project would be composed of two distinct structures: one fronting Market Street with the project’s two main retail spaces, and the second fronting Oak Street with the building’s lobby, garage entrance and the third little retail space, likely a café.
Narrow pedestrian walkways would connect the two structures at every level above the ground floor, including between the roof-top terraces on each of the structures which would be shielded by a 16-foot windscreen.
Located directly adjacent to the Market Street parcels upon which the Richard Meier designed One Van Ness tower is proposed to rise up to 37-stories in height, three existing buildings will need to be razed for Trumark’s project to be constructed, including the garage at 55 Oak Street and the office building at 1554-1564 Market Street, both of which are historical resources and will require a detailed environmental review.
If eventually approved, the development would take around 20 months to construct, including the initial demolition and site work. We’ll keep you posted and plugged-in.