The only honest answer for right now is: " ¯_(ツ)_/¯ "
Or, could we get two 500’ residential towers right now? That corner has enough office space already IMHO. SF really needs more residential mixed in with the office towers north of Market and increasingly, around Transbay and out Mission Street. Or what about some big office to residential conversions in the older buildings in the Financial District, similar to Wall Street neighborhood in NYC.
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I’d be perfectly happy with that, especially if they can find a way to make the units even moderately affordable. I’ve been hearing from friends in tech real estate that some major SF companies may never go back to full occupancy (some are even incentivizing their employees to go permanent work-from-home). Meanwhile housing is at an all-time crisis point. Having an impressive skyline is cool and all, but a bunch of white elephant office towers sitting empty while people are dying on the streets is a dystopian hellscape.
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