According to the planning docs, Heald planned to move out of the building by the end of 2010. Indeed,
Heald's website lists 875 Howard as their address, and the "Heald" sign has been removed from the building for a while.
It's a bit disappointing that there hasn't been any real news on this project in 5 months. Although office space demand is strong, this project has only been mentioned in passing a few times:
Quote:
TMG ready to roll on $87M project (J.K. Dineen, SF Business Times, September 30, 2011)
Other entitled sites that the construction industry is watching include Tishman Speyer’s 222 Second St. and GLL’s 350 Mission St. Both could get going in 2012.
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Quote:
Surging Macys.com seeks space for big S.F. expansion (J.K. Dineen, SF Business Times, November 18, 2011)
The San Francisco-based online division of Macy's is in the market for upwards of 250,000 square feet of office space to accommodate its explosive growth, according to market sources.
Macys.com could also be a candidate for a handful of ground-up office projects that are entitled and ready to go. These include Tishman Speyer’s 222 Second St., GLL’s 350 Mission St. and the final Foundry Square office site owned by Wilson Meany Sullivan.
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Quote:
Salesforce lease could prompt new downtown tower (J.K. Dineen, SF Business Times, January 6, 2012)
With the 50 Fremont St. vacancy now off the table, the financial district is down to just a few blocks of space over 100,000 square feet...
Thus large tenants who want to be in the heart of the financial district will be under increasing pressure to look at new construction. Entitled towers that are ready to go include Tishman Speyer's 222 Second St., GLL's 350 Mission St., Lincoln Property Co.'s 350 Bush St., Wilson Meany Sullivan’s final Foundry Square building, and Beacon Capital Partner's 535 Mission St.
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Has anyone who works near the building seen any more tenants move out or construction notices going up? Hopefully this one will break ground in 2012.