San Francisco’s Planning Commission is slated to approve the refined plans for a 61-story tower to rise up to 800 feet in height at 542-550 Howard Street (a.k.a. Transbay Parcel F) next week, a development which would yield a 189-room hotel, 275,000 square feet of office space and 165 condos over 9,000 square feet of retail space and a basement garage for 183 cars, with a pedestrian bridge connecting the new tower to the adjacent park atop the Transbay/Salesforce Transit Center.
If approved by Planning, the final approval or disapproval of the project would rest with San Francisco’s Board of Supervisors.
And if approved, all 165 of the tower’s condos would all be offered at market rates with the required inclusionary housing component of the project to be fulfilled off-site within a 713-unit building proposed to rise on the northern third of the temporary Transbay Terminal site, fronting Howard Street between Beale and Main (a.k.a. Transbay Block 4).