SAN FRANCISCO | 350 Bush St. | 230 FT / 70 M | 19 FLOORS
As this building may be about to start construction but has no thread I can find, I figured it was time it got one. I can't find the height but office buildings typically have around 12 or 13 ft per story so, using the lower estimate, this one would be about 228 ft. (12' x 19 stories) plus crown.
Note the adaptive reuse of the Mining Exchange building: http://files.cosential.com/FirmFiles...s/view%204.jpg http://files.cosential.com/FirmFiles...th%20trees.jpg Both renderings from http://www.hellermanus.com/portfolio...%22%24H0%24%0A Quote:
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The 350,000 (approx) square feet is supposed to break down into 7,300 square feet of retail and 340,000 square feet of office. There are also supposed to be two levels of underground parking with 135 spaces.
There used to be a really cool fly-by on www.350bush.com, but that site seems to be gone. |
I walked by here today half expecting to see some serious activity. I figured it was a site we have mostly ignored because none of us pass it regularly. But, to my great disappointment, it looks just like the "hole" pictures above. Nothing at all happening.
Still, the Business Times keeps insisting: Quote:
All I can say is, they've got 2 1/2 years--they better start digging soon. |
I've been walking by every couple of weeks, but haven't posted anything because as you saw nothing is happening. Part of the project is rehabbing the old Exchange building, so I've expected to see some work on that. It's been disappointing.
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What ever happened to this one? In any case , i stumbled upon these newer renderings of 350 bush while browsing through the heller manus website; looks good.
http://www.hellermanus.com/imagezoom...%23%24HG%22%0A http://www.hellermanus.com/imagezoom...%23%24HG%22%0A http://www.hellermanus.com/imagezoom...%23%24HG%22%0A |
I believe that their entitlements expired. Someday that site will be developed but it will take another boom.
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More updates...
What's the official story on this project?
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Who could have guessed that of all the projects on hold in San Francisco, this one might arise, vampire like, from its coffin?
According to the SF Business Times ( http://sanfrancisco.bizjournals.com/...14/story3.html ), The Government Accountability Office (GAO) has told the General Services Administration (GSA) to go ahead and pick from among the 3 bids it got for a west coast HQ for the Environmental Protection Agency (EPA)--one of which was a build-to-suit structure at 350 Bush. Furthermore "The original solicitation had determined that 350 Bush St., the new structure designed by HellerManus, 'represented the best value for the government,' according to the GAO ruling." However, while GSA was in process of negotiating and finalizing a lease, which would have caused the building to be constructed, the recession hit and GSA determined that “an updated market survey indicated that there was substantial new vacant inventory on the market” which might be cheaper than the 350 Bush bid. So they halted the leasing process. GAO is now telling them to reanalyze all bids--350 Bush, 370 Third and 1355 Market (at 9th). And if they determine all 3 are too high (and GAO lets them start a new bidding process), guess who is also likely to be in the running: 535 Mission. |
Either one would be great. I like the design for 535 Mission a lot more, but this would fill a really glaring hole in the heart of the financial district.
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Did 350 Bush ever get built?
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No it didn't, and there's no real news on any of the other threads you asked about. A lot of them are still working through the approval process. But most won't be built until the housing or commercial markets get a little stronger, which will hopefully loosen up the financing required to build them. Trust me, if there's a shred of news out there one of us will post it.
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I'm pulling for you guys to get out of this mess. But it looks far more structural than any political or financial remedy will quick fix. The American consumer needs to regroup pay down debt (as well as the government) before there is the confidence and credit to build all these proposals in SF and other US cities.
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I think we talked about this in the run-down thread, but might as well bring its own thread up to speed
new render... http://cdn.cstatic.net/images/gridfs...21.23%20PM.png ... and Curbed said Quote:
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Things have gotten so hot that even this one is back in the news -- with a new rendering. From SocketSite:
http://www.socketsite.com/350%20Bush%20Rendering.jpg A joint venture has been formed to finally develop this site. |
I'm nervous about this. I nickname this building "The Raven" because every time it is about to begin construction, the economy collapses.
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^No kidding. I'm not expecting this to actually get started this cycle, but who knows? There is also a new rendering of the related property across the intersection that Lincoln also owns:
http://www.socketsite.com/500%20Pine...ing%202014.jpg Source: SocketSite. Part of the deal in getting 350 Bush entitled way back when was building out this corner, incorporating the roof as part of St. Mary's Square. Thus, it's only 4 stories. |
^Amother urban fatality thanks to the lunacy of Prop K.
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actually, it's not all bad that it's going low rise on the corner of kearny and pine - in a decade or two, when the attitudes toward development in sf have changed radically, it'll be a great site to redevelop.
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