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Old Posted Jun 30, 2009, 6:06 AM
BTinSF BTinSF is offline
Join Date: Jun 2006
Location: San Francisco & Tucson
Posts: 24,088
Originally Posted by kenratboy View Post

I cannot possibly emphasize how much I want to see this project succeed, and get at least one 1000' building out of this.
You may have a long wait. It's becoming increasingly clear that San Francisco has a surfeit of office space already available and I doubt Hines will start building this building until it's absorbed. That could be 5 years or more. In fact, I wouldn't be shocked by the news they had sold the development rights (if there were any buyers).

Meanwhile, the public TJPA is putting up the terminal building (not the tower) and so far there's nothing to suggest that won't proceed on schedule. As a transit terminal, it doesn't depend on the office space market and it is eligible for a variety of federal and other funding.

So we could have a nice new terminal with an empty lot in front of it for a number of years.
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