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Old Posted Oct 8, 2010, 3:00 PM
brickhugger brickhugger is offline
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Join Date: Dec 2008
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Quote:
Originally Posted by botoxic View Post
The last I saw, SF's office vacancy rate was about 18%, the same as the national average. It would be difficult for this project and Transbay to come online at the same time. I'm curious to see if both hold off for a while, or if they race to see which one can finish first.


Both projects have yet to go through the EIR process, but both are also at heights encouraged by the planning department - which may help navigate the notoriously difficult SF politics. At this point, if either project significantly stepped up to the plate, it could win this race. I think it would be cool to get a new tallest with 50 First, to be topped by Transbay shortly thereafter.

Also in the mix, though not in contention for tallest, is the ~750-footer at 181 Fremont.
--These projects will take three years to complete at a minimum, at which point the market should be dramatically improved.
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