SAN FRANCISCO | 1554 Market St. | Approx 130 FT | 12 FL

[Pedestrian]

Exclusive: Chinese-backed investor starts construction on rare Mid-Market condos
By Blanca Torres – Reporter, San Francisco Business Times
Feb 22, 2018, 2:27pm PST Updated 2 hours ago



Chinese-backed Z&L Properties Inc. started construction on a rare, 109-unit condo project at 1554 Market St. in San Francisco.

While more than 1,000 new homes under construction or ready to start construction in the Mid-Market area, most are apartments other than 1554 Market and Stage 1075, which is already selling units.

Foster City-based Z&L bought the site from Trumark Urban in 2015 for $23 million, according to property records.

The development, designed by Handel Architects, involves two 12-story towers with a shared courtyard that are connected by a sky bridge . . . .

https://www.bizjournals.com/sanfranc...523&j=80151151