Posted Mar 28, 2008, 2:46 PM
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Join Date: Apr 2005
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From: http://www.bizjournals.com/sanfranci...31/story1.html
Quote:
Friday, March 28, 2008
Swig Co. eyes two new Oakland towers
Kaiser Center overhaul would add 1.3M square feet of office
San Francisco Business Times - by J.K. Dineen
Swig Co. wants to add 1.3 million square feet of new office space to the Kaiser Center in Oakland, seeking permission to knock down two buildings and replace them with a pair of towers that would shoot up 42 and 34 stories.
In the first step of an approvals process expected to take one to two years, Swig filed a "preliminary development plan" March 25. The plan, if approved, would allow Swig to replace the two "obsolete low-rise" structures along 20th and Webster streets with towers of 780,000 and 565,000 square feet, according to Swig Co. CEO Jeanne Myerson. The two existing buildings represent a total of 95,000 square feet and house a Longs Drugs and a 24-Hour Fitness, in addition to other retail uses.
The existing Kaiser Center office tower, garage and roof garden would remain and be incorporated into the new project.
Both developments would take place on the western portion of the site, with one tower rising at the corner of Webster and 20th streets, and a second tower rising at the corner of Webster and 21st streets. The proposal also calls for 22,000 square feet of new street level retail along 20th and Webster streets, although precise square footage and exact building location, size and design will be hammered out over the next year. As proposed, the redevelopment doesn't include any housing, which Swig had once considered building.
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Since it's an office, wouldnt that make the buildings around 600 ft for the largest, and 500 for the shortest?
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Last edited by San Frangelino; Mar 28, 2008 at 5:09 PM.
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