Rendering:
Glassy New Look for 801 Olive Street
Courtesy of the DLANC Planning and Land Use Committee, I offer you updated renderings of Carmel Partners’ proposed tower at 801 Olive Street. Set to rise 27-stories, the GMP Architects designed tower would contain 363 residential units above a four-story podium. The building activates the corner of 8th and Olive Streets with 10,000 combined square feet of retail and restaurant space.
Carmel Partners Revising Plans for South Park Tower
Nine months after revealing plans for a new residential tower in South Park, Carmel Partners is switching up the playbook. According to a memo issued earlier this month by the Department of City Planning, the San Francisco-based developer’s proposed high-rise building at 801 Olive Street has been redesigned by a new, unspecified architect. Although the fundamentals of the project remain the same (363 apartments above 10,000 square feet of ground-floor commercial space and a four-level parking podium), the retooled development plan calls for a tower that is both taller and slimmer than previously approved. The now rectangular-shaped building is set to rise 33 stories (352 feet), representing a six-floor increase from the previous design by GMP Architects.
801 Olive Street is one of several skyline-altering developments planned for the northern section of South Park, including a 50-story condo project from the Onni Group and a 33-story apartment tower from CIM Group. However, it is a more vertically challenged neighbor that has arguably generated the biggest news for the neighborhood. Carmel Partners’ seven-story G8 development is slated to bring 700 apartments to the Downtown market, a larger total than any of its sky-scraping neighbors. More importantly, the low-rise building will feature a 42,000 square foot Whole Foods Market when it opens in 2015. The high-end grocer has been listed amongst the most sought-after retailers for Downtown residents in recent years, perhaps second only to the elusive Trader Joe’s.
This is truly GREAT news for the new magnet corner at 8th and Olive…where a Freehand Hotel, and 350 unit Apt./Whole Foods are already nearing completion!
