The city’s South Financial District is set to welcome a new major mixed-use development project as developer Jay Paul Company recently locked in financing for its Fremont Street venture. HFF recently announced that it has arranged construction financing on behalf of the developer through Starwood Property Trust. The total amount sourced for the large mixed-use plan is $480 million. HFF’s debt placement team was led by Peter Smyslowski, a managing director with the company, with director Chris Gandy and associates Walter Chui and Brandon Roth also part of the team.
HFF also handled the acquisition of the asset that will make way for Jay Paul Company’s development last year and the company began construction soon after. Taking shape on a .35-acre site in San Francisco’s SFD, the tower will have 55 stories and will stand 802 feet tall. When completed, the development will be that tallest office and residential tower on the West Coast. Plans call for the property to use materials and technologies for water conservation and energy efficiency that would ensure LEED Platinum certification from the United States Green Building Council.
The tower’s top 15 floors will offer a total of 68 high-end condominium units, while 33 floors will be dedicated to a total of 404,000 square feet of Class A office space. The building will also be provided with a 78-stall bike barn featuring private stalls and an underground valet parking garage. The size of the column-free efficient floor plates will range between 14,000 and 10,000 square feet and will cater to high density and office intensive users.
Designed by Heller Manus, the building will feature a state-of-the-art exoskeleton that will allow for a two-story, mid-level skydeck, while a sky-bridge located at the 5th floor will ensure connection with the Transbay Transit Center’s 5.4-acre rooftop city park.
Probably my favorite tower next to the Salesforce Tower going up in SF. This somewhat reminds me of the Bank of China in Hong Kong. It has a design thats reminisce of it. Also, Salesforce looks like a shorter IFC, also in Hong Kong.
It definitely looks like the architects of those two towers used these two as an influence. At least that what it appears like. Its an interesting trend because even with NYC, some of the towers going up have a sort of East Asian vibe to them.
I maybe going San Fran next year, it’s my most anticipated city to visit, bar New York ofcourse! Will possibly be spending a few days here, hiring out a motorhome and driving down to LA
I recon this tower will top out by then. I am loving the three new glass giants rising in San Fran, they really give off a futuristic vibe rising above the concrete plateau.
This reminds me of the new Torre Reforma in Mexico City. I was just there and impressed by it. I was trying to figure out what building it reminded me of. It was this one.
Stunning building! Latin american architecture is on the rise! As a latino I can’t wait to see significant development in Latin America! Everyone deserves the fun!
This has been one of my favorite buildings to photograph for my countdown series. So glad I can finally publish all these pics after hoarding them, some I’ve had for over a year!
I definitely think Heller Manus was inspired by IM Pei’s work here. I know for a fact that designing the Salesforce Tower, Cesar Pelli was inspired by the IFC tower in Hong Kong, because his firm designed both!
