Archives
February 2007
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SOMA - The Mint Collection
Statistics
Estimated Completion Date: July 2007, Taking Reservations Now.
Number of Units: 52 units total
Price Range: $490,000 - $1,500,000
Amenities:
map this / driving directions
Click above to have the sales & information package sent to you anywhere in the world.
The Mint Collection is a collection of four buildings under one project at the intersection of Jessie and Mint a half block west of the Westfield Shopping Center. Between this project and the Soma Grand /Federal Building one block down, it is going to be exciting to watch how this area develops.
The Hales Warehouse will house 52 condominium residences. This is the type of conversion loft building that the most discerning buyers seek throughout the world.
Click the picture above for a virtual tour of Hales Warehouse at The Mint Collection
As of February 26, 2007 they do not have a sales office open, but they are taking reservations now and private tours are available by appointment. If you would like a private tour of The Mint Collection, let me know the date and time and I will confirm back with you when the appointment is made.
The developer of this project has a great track record with loft conversions in San Francisco and LA. They are known to have some of the most true (i.e. New York-style) lofts on the market. It is reported as being almost half sold out already, which does not surprise me.
The beautifully renovated Hales Warehouse, located at 410 Jessie Street offers 52 residential and live/work units available for sale. The historic building features light-filled spaces with magnificent city views. The street level will soon be home to a captivating French Bistro.
The other three buildings that make up The Mint Collection are the unique Station House building, located at 418 Jessie Street was once part of the historic Hales Brothers Department Store and formerly served as a San Francisco Fire Department firehouse.
The development features 25 luxury residences available for lease, and includes a roof deck with a fitness center and custom spa, indoor parking, and a two-story Nuevo-Latino/Peruvian restaurant-lounge on the street level.
The Sliver Building, located at 424 Jessie Street offers luxury residences available for lease. The project features six distinctively designed units, each encompassing an entire floor, with the seventh and eighth floors comprising a two-story penthouse unit.
The Haas Candy Factory, built circa 1907, offers sunlit, contemporary office space with exposed brick walls and historic arched windows. This five-story building was specially designed to allow full-floor occupancy on floors two through five, and features a restaurant on the ground floor.
The building’s exterior architecture hints at its earlier role in the City’s history. Built in 1926, the building originally served as offices and warehouses for the Hale Brother’s Department Stores, one of the city’s first premier retailers. Years later, the Hale Brother’s stores became part of the retail conglomerate of Carter, Hawley, Hale. The original structure was designed by the Reid Brothers architects, renowned for such buildings as the Fairmont Hotel and the Hotel Del Coronado in San Diego.
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Date: Feb. 26, 2007
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Central Waterfront - 2235 Third Street
Statistics
Estimated Completion Date: Proposed
Number of Units: 179 units total
Price Range: not disclosed
Amenities:
Map it / Driving Directions
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This project is being done by the same people that did The Mint Collection, so I expect a great property here! I will publish more information as soon as I get it.
The proposed 2235 Third Street project site will cover approximately 1.25 acres in the heart of San Francisco’s Central Waterfront. The project plans would include approximately 179 units of housing; 6,926 sq. ft. of neighborhood serving restaurant and cafe uses, 12,154 sq. ft. of ground floor pedestrian-oriented retail space along Third Street; and 2,300 sq. ft. of ground floor daycare services. Twelve percent of the total dwelling units, or approximately 22 of the total units would be reserved as Below Market Rate (BMR) units pursuant to the City's Inclusionary Affordable Housing Program
This development is from one of my favorite local developers. They have done a number of small conversion loft developments that are some of the best representatives of the New York Style loft in San Francisco.
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Mission Bay - 235 Berry
Statistics
Estimated Completion Date: Is now for sale to occupy.
Number of Units: 99 units total
Price Range: $889,900 - $1,315,900
Amenities:
map this / driving directions
Click here to have the sales & information package sent to you anywhere in the world.
From the MLS: New Construction by Signature Properties! 235 Berry is The Best of Mission Bay with water and city views in this vibrant and energetic new neighborhood along San Francisco's south waterfront. Upscale chic waterfront building with serene courtyard is one block to the new Mission Bay library; two blocks to AT&T Ballpark & Safeway; Close to Muni, Cal Train, I-280. Concierge service 9-5 weekdays. 1 car parking with home.
From the devlopers website:
The gleam of marble. The polish of stainless steel. Signature Properties has carefully orchestrated light, space, textures and colors into surroundings that are refined and comfortable.
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Statistics
Estimated Completion Date:
Number of Units: units total
Price Range:
Amenities:
Map it / Driving Directions
Its richness, its history - for generations there has been a romance between San Francisco and those who reside there. Established in 1914, and now a city landmark, The Montgomery is designed with that love affair in mind. With its classic façade, soaring ceilings and operable oversized windows, it offers you a home with a distinction that no modern address can possibly measure up to. And this fine collection of one-, two-bedroom residences and four penthouses has the latest contemporary features and finishes, ensuring that your new home sets the standard for modern comfort. Rooted in the heart of thriving downtown, The Montgomery offers you the very best of what San Francisco is today.
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Civic Center - Symphony Towers
Statistics
Estimated Completion Date: July 2008, Sales Office Opens mid-2007
Number of Units: 130 units total
Price Range: $300,000s - $900,000s
Amenities:
Map it / Driving directions
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From SocketSite: In 2002 Lakeview Ventures received approval to build an “affordable housing project” of 141 apartments at 724 Van Ness (actually two towers, a 14-story tower on Van Ness and a 7-story tower on Turk). Two years later, the project was sold to condo developer West Bay Builders. And today, construction of Symphony Towers is well underway, but in the form of 130 condominiums (~16 BMR) which should be finished late 2006/early 2007.
It’s a classic case of urban infill, and how despite the fact that “they’re not making any more land,” two one-story buildings (housing an auto shop, restaurant, and retail) can become 130 new homes (albeit not overnight).
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SOMA - The Soma Grand LIFESTYLE CONDOS
Statistics
Estimated Completion Date: Oct/Nov 2007
First Release: Mid-April, 2007
Sales Office: VIP Opening March 7, 2007 (email me for details)
Number of Units: 246 units total
Price Range: $500,000 - $1,000,000
Amenities: Concierge style services, Studio Becker cabinets, Bosch Stanless Steel Appliances, Cambria Caesar Stone Countertops, Jerusalem Limstone baths, fiber-optic wiring
Map it / Driving Directions
"Joie de Vivre Hospitality has been creating memorable hotel stays in San Francisco for twenty years. And now we're delivering our unique blend of style and service to a condominium living experience. With your urban lifestyle in mind, we've developed a fleet of pamperting services that will remind you of your favorite boutique hotel. And because we're a San Francisco company, we've designed a home for you that will promote a genuine sense of community and reflect the best of our local culture. From housekeeping and concierge services to gourmet coffee and yoga classes, we're ready to welcome you home." - Chip Conley, Founder and CEO of Joie de Vivre Hospitality; California's largest independent hotel company.
Joie de Vivre Hospitality is California's largest boutique hotel company and is the company behind some of San Francisco's most admired hotels. The company's 24 San Francisco hotels include the award-winning Hotel Vitale at Mission & Embarcadero, the quirky Hotel Del Sol in the Marina, and the chic Hotel Adagio at Union Square. Joie de Vivre's Kabuki Springs & Spa is the City's largest day spa and the company's restaurants and bars, from Americano to the Red Room, are some of the sexiest hot spots around.
Joie de Vivre will be providing all of the services to Soma Grand and has been a partner in the design of this groundbreaking condominium project. All of Soma Grand residents will receive a VIP membership to Joie de Vivre's "Joy of Life Club", which offers discounts to members for hotel rooms and spa services.
FEBRUARY 23, 2007
Entry Regarding Soma Grand sales office visit and neighborhood walk around
I went to the sales office for The Soma Grand today. They are still putting the finishing touches together, but it looks like it is going to be gorgeous. Exposed brick walls, well-coiffed receptionists offering water, Urban Class; and that is just the sales office which is what you would expect from the partners putting this all together.
As you have read above, they are going to offer a lot of 'services' to the homeowners. One of these 'services' is an "Exclusive community value card." I am really interested in knowing more about this...perhaps free martinis at a nearby sky terrace bar? Actually Medjool is a cool bike ride just down the street (Mission/21st). Which is probably faster and safer than taking a taxi in this City.
It is amazing to see this brand new building (the Soma Grand) going up right next door (literally) to the new Federal Building. The two buildings together are beautiful and it is really going to be interesting to watch the development of the Mission/7th Street (mid-Market) area. I really think that these two buildings, along with all the other buildings (written about on this blog) will bring 1,000s of new professionals down to the area on a regular basis. Throw in all the shops, restaurants, etc, that will open....it is going to be fun to watch how this area changes over the next few years. Perhaps we are watching a sleeper area start to grow right on front of us?
FEBRUARY 25, 2007
Just a day after I write the entry above, the San Francisco Chronicle does an above fold article, section A of this Sunday's paper. A good read if you want to know more about Soma Grand's next door neighbor. Good stuff. They have some much better pictures than the one below. When you look at the drawing here, the Soma Grand will be the building just to the left of Four Story Annex as you can kind of make out below!
FEBRUARY 26, 2007
Have a look at what is going on down at Mission and 5th Streets. These two massive projects are going to change the face of the mid-Market area. The Martin Building Company is one of the best local developers of conversion (i.e. New York Style) lofts in San Francisco.
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Date: Feb. 23, 2007
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OFFICE - SOMA/South Beach - 555 Mission Street
Statistics
Estimated Completion Date: 2009?
Map this / Driving directions
This is included as an example of the tremendous growth taking place in San Francisco. I expect this to have a positive impact on the surrounding area, and in turn the residential housing in area as well. This is located the far eastern part of SOMA.
555 Mission Street, a new all glass thirty-three story office tower, will offer a uniquely inviting corporate environment, along with stunning views of the City and the Bay.
Visitors will be greeted by an attractive public plaza that flows seamlessly into the lobby area. A “garden of light” will serve as backdrop for a dynamic sculpture by one of the world’s most respected architects. Together, the plaza and lobby will create an organic connection between outside social space and the interior environment.
Once inside, tenants will experience an abundance of light and stunning views from the variety of low-rise, mid-rise, and high-rise office space available. Inviting terraces on select floors open up to spectacular views of the Bay Bridge and unobstructed views to the south.
The building's exceptional design is the result of a close collaboration between award-winning firms Kohn Pedersen Fox and Heller Manus Architects. The façade, made entirely of floor-to-ceiling glass panels accented with glass and metal fins, creates a textural layer that beautifully captures and reflects light. The design includes 3,400 square feet of retail space on the ground floor, 33 elevated office floors totaling approximately 552,000 rentable square feet, two levels of below grade valet parking, highly efficient floor plates and the most current telecommunications capabilities.
The building will be at the center of the rapidly expanding Mission Street corridor, which is within easy walking distance of the city's prominent restaurants, hotels and the Union Square shopping area. It is also adjacent to the Transbay Terminal, which serves as the hub to many of the areas transit lines.
- Will be one of San Francisco’s signature towers
- Stunning exterior design
- Full height glass exterior
- Great views of the San Francisco Bay and city skyline
- Efficient floor plates
- Close proximity to public transportation
- Elegant outdoor plaza / garden
- Two-level subterranean garage with valet parking
- 24-hour manned security with card-key access
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Date: Feb. 23, 2007
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HOTEL/SOMA - InterContinental San Francisco
Statistics
Estimated Completion Date: 2008
This is included as an example of the tremendous growth taking place in San Francisco. I expect this to have a positive impact on the surrounding area, and in turn the residential housing in area as well. This is located mid-SOMA.
Towering 32 stories above the heart of the city, the new InterContinental San Francisco is sure to become an immediate success. Located adjacent to the magnificent Moscone Center, the hotel is within a short, scenic stroll of the city's financial, entertainment and premium shopping districts. Adding to the city's beautiful skyline, the cool blue exterior of the hotel will offer guests as many reasons to stay inside as the city does to venture out.
ACCOMMODATIONS
Opening in December 2007, the hotel features 550 luxuriously appointed guestrooms, including 14 suites plus the spectacular two-story Presidential Suite. All rooms feature natural wood, glass and marble with plush bedding and large working areas. In-room amenities include wireless and high-speed Internet access (fee), two-line direct dial telephones with voicemail and data port capabilities, plush terry designer bathrobes, hairdryer, individual thermostat control, iron and ironing board, safe and private bar. Other amenities offered are same-day laundry/valet service, 24-hour fitness center, business center and private dining service.
MEETING FACILITIES
The hotel is destined to be the city's most desirable venue for meeting and events. Twenty-three meeting rooms comprise a total of 43,000 sq. ft. of flexible meeting space and all feature natural lighting. The largest ballroom at 6,800 sq. ft. and the junior ballroom at 5,600 sq. ft. will truly be magnificent. Two outside terraces will complement the diverse setting and a third terrace next to the spa will be the perfect place for outdoor events.
DINING & RECREATION
The hotel will continue the 60-year history of InterContinental Hotels & Resorts' tradition of only the finest in food and service. The all-day, street-level restaurant will feature a bar, show kitchen, fireplace and outdoor terrace seating. For relaxation and tranquility, the I-Spa will house 10 treatment rooms featuring an array of special services and signature experiences. The hotel will also offer a state-of-the-art, full-service fitness center and an indoor pool.
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Hayes Valley - The Hayes
Statistics
Estimated Completion Date: Now Selling
Number of Units:
Price Range:
Amenities:
Map it / Driving directions
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Life in Hayes Valley is, well, lively. With the symphony, ballet, opera and so many restaurants, galleries and boutiques all in one place, that morning walk can easily turn into an all-day outing.
But perched above these active streets are homes no less stirring. Open, contemporary spaces occupy an intimate building that brings the creative, sophisticated feel of the neighborhood home. Valued amenities like an attended lobby, roof deck, balconies and large bay windows—plus designer finishes from Studio Becker, Hansgrohe, Duravit and more—just might have you considering a night in now and then. And with quick access to Market Street, Octavia Boulevard and all public transit, your next outing is never far off.
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Financial District/SOMA - Millennium Tower
Statistics
Estimated Completion Date: Spring 2009 (updated 02/25/07)
Number of Units: 317 units residential, 120 units extended stay hotel
Price Range:
Amenities: Soaring 58 stories high with extraordinary views, luxury condominiums with exquisite appointments. Residences range from: 1 to 3 Bedrooms, and Penthouses. Unique features include: Enclosed pool & spa area, Resident owners’ lounge, Kids’ area with changing rooms, and Fitness facilities, Notable features also include spectacular views and parking.
Map it / Driving directions
Click here to have the sales & information package sent to you anywhere in the world.
From the people who brought us The Four Seasons comes the Millennium Tower. The aptly named Millennium Partners have experience and success in high-end condominium building, so it will be great to watch the progress at 301 Mission Street.
The following is from Wikipedia, the free encyclopedia: The Millennium Tower or 301 Mission Street is a blue, all glass, 60-story highrise condo tower currently under construction on the border of the South of Market and Financial District in San Francisco. This $400 million project was developed by Millennium Partners, of New York City and designed by Handel Architects.
Rising 645 ft. into the air, it will be the fourth-tallest building in San Francisco and tallest building to be constructed (currently) since 345 California Street in 1986. The Millennium Tower complex in which the tower rises from (on the south end) is located on Mission Street and bounded by the Fremont and Beale Streets and the north end of the Transbay Terminal. In addition to the 60-story tower, there is a shorter, 125 foot (38 m) 11-story tower on the north end of the complex with more condos and residential amenities. In between the two towers, there will be a two-story glass atrium at about 43 ft. (13 m) tall.
In total, the project will have 437 units, some of which (~120) will be extended-stay hotel units and the others residential units. The will be 350 parking spaces in a 4 story underground garage, with a parking space to unit ratio of about 0.8. The tower is designed to resemble a translucent crystal and to be a landmark for the Transbay Redevelopment and the southern skyline of San Francisco.
FEBRUARY 25, 2007
From our friends at The Millennium Tower (I will keep this post updated with any current information between now and then):
Dear Mr. Scott Pierce
We would like to take a moment to thank you for expressing interest in Millennium Tower. Your registration ensures that you will receive exclusive updates as we move forward with this extraordinary project.
From the developers who brought you Four Seasons in San Francisco, this 60-story architectural wonder will feature three distinct product offerings along with our world-renowned level of service. Presently under construction, with completion slated for spring 2009, Millennium Tower will stand alone, unlike anything you have ever seen or experienced in San Francisco.
We look forward to meeting you at our sales center, upon its opening spring 2008.
Thank you again,
Millennium Partners
FEBRUARY 25, 2007
As the Millennium Tower will be 'a part of'' the Transbay Terminal, I will be attending the meeting referenced below.
Email me for updates and whatever else I learn.
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Transbay update
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2/27/2007 12:30 PM
A noontime forum, held at SPUR, 312 Sutter St. (at Grant), Fifth Floor, from 12:30 to 1:30 pm.
As the intermodal hub for four transit agencies, Greyhound, a bicycle station, underground pedestrian access to BART, and the downtown terminal of Caltrain and high-speed rail, the new Transbay Transit Center will transform regional transit. It will also transform the neighborhood, with 3,400 new homes and 1.2 million square feet of office space planned to help pay for, and take advantage of, the new center. Learn about the latest plans from Maria Ayerdi, the executive director of the Transbay Joint Powers Authority.
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Mission Bay - Arterra
Statistics
Estimated Completion Date: Taking Reservations Now
Number of Units: 268 units total
Price Range:
Amenities:
Map it / Driving Directions
Click here to have the sales & information package sent to you anywhere in the world.
You live in San Francisco because you are San Francisco. Smart. Active. Outgoing. Environmentally aware. At the leading edge. So the last thing you want is another cookie-cutter condo. At Arterra Condominiums, you will find unique and competitively priced flats and townhomes that embody the next step in urban living: clean, understated style combined with advanced environmental sensitivity that gives Arterra Condominiums its distinction from the rest. In fact, Arterra Condominiums is designed to become San Francisco's first LEEDS-certified* green highrise community. Living at Arterra Condominiums, you are right in the heart of the City's most exciting and meticulously planned new neighborhood, Mission Bay. At Arterra Condominiums you will find the perfect balance of amenities to fit your lifestyle right outside your door plus fast and easy access to the entire Bay Area in close proximity to Arterra Condominiums. Take a look at all Arterra Condominiums has to offer, and see why Arterra Condominiums is the smartest new addition to the landscape of San Francisco.
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Statistics
Estimated Completion Date: July 2008, Taking Reservations Now.
Number of Units: 695 units total
Price Range: $799,000 - $1,200,000
Amenities: State-of-the-art fitness center, pool, Yoga and Pilates studio, roof top deck
Map it / Driving Directions
Click here to have the sales & information package sent to you anywhere in the world.
One Rincon Hill was approved by the San Francisco Planning Commission on August 4, 2005. It will be constructed in two phases with parking for 455 cars. The entire complex is classified as a high-rise life safety project. The Clock Tower Building was demolished in 2005 to make way for this complex. A ceremonial groundbreaking took place in November 2005, but permits for construction were held up by the San Francisco Department of Building Construction until January 2006. At issue was the new use of the core-outrigger structural system, a first for earthquake-prone San Francisco. City officials agreed with structural engineers on the use of this system after additional review.
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Rincon Hill - The Infinity
Statistics
Estimated Completion Date: July 2007, Taking Reservations Now.
Number of Units: 365 units total
Price Range: $699,000 - $1,200,000
Amenities: State-of-the-art fitness center, pool, Yoga and Pilates studio, roof top deck
Map it / Driving directions
Click here to have the sales & information package sent to you anywhere in the world.
The Infinity is made up of new luxury condominium homes located in San Francisco's Rincon Hill neighborhood. The development includes four residential buildings, retail space and an open plaza in the center of the community. Amenities include a 24-hour doorman, concierge services, fitness center, spa facilities and community room with a kitchen. The Infinity is located within walking distance of the Embarcadero waterfront, Ferry Building, AT&T Park and just minutes away from the city's unique cultural activities, shopping and restaurants of downtown.
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Potrero Hill - The Potrero
Statistics
Estimated Completion Date: July 2007, Taking Reservations Now.
Number of Units: 38 units in first release, 165 units total
Price Range: $419,000 - $988,880
Amenities: State-of-the-art fitness center, Yoga and Pilates studio, roof top deck, Whole Foods on ground level
Map it / Driving directions
Click here to have the sales & information package sent to you anywhere in the world.
On the sunny northern slopes of Potrero Hill is the appropriately named "The Potrero", a new mid-rise development. With great weather and lots of sun in a neighborhood that is considered both a favorite and a classic, The Potrero is sure to be a hit with buyers. The Potrero is close to the new UCSF/Mission Bay Development and the freeways for both East Bay and South Bay access while being in a very relaxed urban environment.
I think that there is a lot of upside to this development in that Potrero Hill is a favorite location for both locals and buyers that move to San Francisco, it has some of the best weather and is right next to the UCSF/Mission Bay development as mentioned above. I expect that this development will be a great buy for both buyers that intend to live there and for those that want to buy it as an investment. With all the high-paying jobs coming to the UCSF/Mission Bay campus and the lack of development opportunities in the immediate area, I think this will have higher than average price appreciation.
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As reported in the February 23 - March 1, 2007 edition of the San Francisco Business Times, page 14, Real Estate by J.K. Dineen and Ryan Tate.
Green Landscape
Housing near the zoo shooting for LEED gold.
Article states that a developer is trying to get a 55-unit development on Sloat Avenue LEED gold certification. This is right across from the San Francisco Zoo, which is also down the street from the best dog walking area in San Francisco, Fort Funston
It is reported that "it uses stones that tie in with the beachfront environment and will have an open waterfront plaza in front that may house a farmers' market".
Let me know if you want to be on the list for getting information on this as soon as I get it.
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Date: Feb. 2, 2007
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A few quotes that I find interesting from the article in this weeks SF Business Times by J.K. Dineen
"The only question is affordability," he (Nat Bosa) said. "For a city like San Francisco and an area like the Bay Area, when you look at how much is under construction, it's not very much. Vancouver would blow it away. More stuff sells in Vancouver in two weekends than here in three months and Vancouver is a hell of a lot smaller city than San Francisco."
"Someday you're going to be driving across that canal and saying, 'why the hell didn't I buy back then?'" said Bosa. "The commercial is going to hum. It's going to be an ideal small city within a city where you can live, work, go to school, play in the park, all within a five minute walk. That is the ideal city of the future. Forget about tracts of houses and commutes."
But even Bosa is hedging his bets -- if only a bit.
"The worst case scenario is we get shut out and piles won't be driven on (Radiance's second phase) for a while," he said. "Why would you keep on climbing Mount Everest if the storm is coming in and it looks terrible? You might take your tent and park yourself on the side for a couple of days."
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Date: Feb. 1, 2007
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South Beach - The Bryant Street Pier and International Cruise Terminal
This entry is included as it can be expected to have a positive impact on housing in the South Beach / Mission Bay neighborhoods.
The gateway to San Francisco's southern waterfront will experience an amazing transformation in the next five years that will catapult the city into a new league of international cruise ship travel and waterfront recreation.
Piers 30-32 at the foot of Bryant and Spear streets in San Francisco's South Beach neighborhood will become home to one of the world's finest cruise ship terminals - the James R. Herman International Cruise Terminal.
This state-of-the-art facility is part of The Bryant Street Pier - an innovative mixed-use development that will feature public open space, five-star restaurants, office and retail space, condominiums with breath-taking views, a public pier for day use, a multi-screen cinema, waterfront promenades and a public park.
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