Originally expected to cost $1.6 billion, the budget to build San Francisco’s Transbay Transit Center was raised to $2.1 billion two months ago.  And yesterday, transportation officials warned that the expected budget to complete the project should be raised by at least another $48 million, and possibly by as much... Read More »

The scheduled auction for Transbay Parcel F was abruptly cancelled and the Transbay Joint Powers Authority will now attempt to negotiate directly with the intended bidders to secure the “best price and most complementary land use” for the site. As we first reported last month, the auction for the... Read More »

Five teams have been pre-qualified to bid a minimum of $160 million for Transbay Parcel F which is located mid-block between First, Second, Howard and Natoma Streets and zoned for the development of a tower up to 750-feet in height. Sealed written bids from the teams are due on... Read More »

The minimum bid for Transbay Parcel F, which is located mid-block between First, Second, Howard and Natoma Streets and zoned for building a tower up to 750-feet in height, has been set at $160 million and the live auction has been scheduled for 10am on September 2, 2015. The... Read More »

Located mid-block between First, Second, Howard and Natoma Streets, across from San Francisco’s Transbay Transit Center rising, Transbay Parcel F is zoned for building up to 750-feet in height and includes the potential for connecting any development on the site to the Transit Center’s 5.4 acre rooftop park by way of... Read More »

The deal between the City of San Francisco and a trio of big developers who had been leading the charge against the 0.55 percent tax they had agreed in principle to pay in exchange for an already adopted up-zoning of their parcels within the Tansbay Transit Center District has collapsed, leaving the... Read More »

With the budget to build San Francisco’s Transbay Transit Center having already increased by $300 million to $1.9 billion, the additional $2.6 billion budgeted to extend the train tracks from Fourth and King to the Transbay Center is now proposed to increase by $400 million, raising the total budget... Read More »

With San Francisco’s Office of Community Investment and Infrastructure having determined that “economic conditions create a strong preference for commercial development over residential and hotel development” on Transbay Block 5, a request for proposals to build a 550-foot office tower with ground floor retail on the northeast corner of... Read More »

With a past due check for $191,816,196.57 delivered yesterday, the Transbay Joint Powers Authority has officially sold and transferred the 101 First Street site upon which the 1,070-foot Transbay Tower will rise at the corner of First and Mission to the development team. The competition to develop the site... Read More »