Articles Recently Tagged: Transbay District

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Luxury One-Bedroom Marked to Market, Down Over $200K

Luxury One-Bedroom Marked to Market, Down Over $200K

Listed for $1.15 million three months ago, the sale of the 851-square-foot, one-bedroom unit #16H on the 16th floor of the Lumina tower at 201 Folsom Street, which features “panoramic views,” wide plank hardwood floors, Siematic cabinetry, Gaggenau & Bosch appliances, custom closets, and a parking space in the... Read More »

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Purchased for $1,697,171 in July of 2016, the 1,401-square-foot, two-bedroom unit #6G in the Lumina tower at 201 Folsom Street, with “an ideal floor plan,” “great light,” a private balcony, and two full baths, returned to the market priced at $1,975,000 in September of last year. Reduced to $1,925,000... Read More »

A Luxe Two-Bedroom with Views Trades for $232K Less

A Luxe Two-Bedroom with Views Trades for $232K Less

Purchased for $2,132,111 in December of 2017, the “luxe” two-bedroom, two-bath unit #25A in the Lumina tower at 201 Folsom Street, with “wrap-around floor-to-ceiling windows” and “awe-inspiring panoramic views,” returned to the market priced $2.5 million in August of 2018. Re-listed for $2,488,000 early last year, around the time... Read More »

Parking Lot Slated for Extension as Tower Entitlements Expire

Parking Lot Slated for Extension as Tower Entitlements Expire

Having been approved back in 2016 but yet to break ground, the entitlements for a skinny 495-foot-tall tower to rise at 524 Howard Street, a development which could yield up to 334 condos, or 72 condos over a 273-room hotel, “depending upon market conditions,” were quietly sold, along with... Read More »

Plan to Save the Sinking Millennium Tower Approved

Plan to Save the Sinking Millennium Tower Approved

The refined plan to permanently stabilize and potentially right the sinking Millennium Tower, by adding a series of 52 new cast-in-place reinforced concrete piles around the tower’s perimeter, has been approved and permits should soon be issued. As we outlined last year, the project will take an estimated 22... Read More »

Waylaid RFP for Temporary Terminal Site About to Be Released

Waylaid RFP for Temporary Terminal Site About to Be Released

Waylaid by the emergency closure and required fix of San Francisco’s new Salesforce/Transbay Transit Center, a refined request for proposals (RFP) to build around 250 units of below market rate (BMR) rental housing on the southern third of the shuttered Temporary Terminal Site, a nearly 43,000-square-foot site bounded by... Read More »

Modified Plans for Condoless Hotel Tower Closer to Reality

Modified Plans for Condoless Hotel Tower Closer to Reality

While plans for a luxury hotel and condo tower designed by Renzo Piano Building Workshop and Mark Cavagnero Associates were previously approved and permitted to rise up to 405-feet in height at 555 Howard Street, the 69 condos which were to top the development have since been eliminated from... Read More »

A High-End Rent Versus Buy (At a Sub-2018 Price)

A High-End Rent Versus Buy (At a Sub-2018 Price)

While not recorded on the MLS, the three-bedroom unit #60A at 181 Fremont Street appears to have been purchased for $5,772,672 in May of 2018 based on a review of its deed. In addition to three bedrooms, each of which is outfitted with an en-suite bath, the 1,992-square-foot unit... Read More »

800-Foot-Tall Tower Slated for Planning’s Approval

800-Foot-Tall Tower Slated for Planning’s Approval

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... Read More »

Luxury Two-Bedroom Fetches $225K Less

Luxury Two-Bedroom Fetches $225K Less

As we outlined in September, having sold for $2.425 million in April of 2016 (with 35 percent down and a below average 2.848 percent interest rate on a $1.58 million loan), the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market priced at... Read More »