The first set of detailed renderings Forest City’s proposed 5M Project, a project which spans a 4-acre site in the heart of SoMa between Mission and Howard and includes the renovation and construction of nearly two million square feet of space, with up to 1,200 new residences and 150,000 square feet of ground floor retail, educational and cultural uses, has been released.
Currently only zoned for development up to 160-feet in height, an up-zoning of the project’s parcels will need to approved for the buildings as designed by Kohn Pedersen Fox Associates to rise up to 470 feet on the site as proposed.
In addition to a 12,000 square foot plaza in the middle of the project, the development plans call for a 22,000 square foot public lawn, garden and open space to be constructed atop the Chronicle Building.
Construction for the 5M Project would span an estimated eight years and is currently slated to commence in 2017. The first public hearing for the development, a review of the project’s 740-page Draft Environmental Impact Report, has been scheduled for this month.