The updated specs for 555 Beale St (Seawall Lot 330):
- 23 floors, 263 ft + 10 floors, 108 ft
- 568 units (160 studios, 324 1BR, 84 2BR)
- 86 of the units will be affordable
- 4,700 sq ft for ground level retail
- Parking for 236 cars and 249 bicycles
The site:
https://maps.app.goo.gl/Xx1LF94ChPRAr62E7
Quote:
Formal Application For Seawall Lot 330, San Francisco
By: Andrew Nelson 5:30 am on May 19, 2026
Formal permits have been filed for the Seawall Lot 330 redevelopment along San Francisco’s Embarcadero. The proposal now seeks to construct a single full-block structure at 555 Beale Street. with reduced residential capacity, ground-floor retail, and parking. Strada Investment Group is responsible for the application.
...
Grimshaw Architects will oversee design, with Perry Architects serving as the executive architect. Illustrations show the design scheme has not significantly changed, even with the merger of the 23-story tower and ten-story mid-rise podium. The application still states that an additional parcel is being set aside for an affordable housing complex, to be filed in a separate application.
Previously, Strada Investment Group was pursuing a mixed-use master plan that included housing at Seawall Lot 330 and offices at Piers 30-32. The city currently owns both properties, and the development agreement between the two parties required that Strada commit to building both components for approval. The Executive Director of the Port of San Francisco, Elaine Forbes, said that the developer has determined that, based on, “based on a $125 million infrastructure funding gap, the complex timing of the U.S. Army Corps-led seawall project, prolonged weakness in the office market, and uncertainty in federal infrastructure funding,” the office component for Piers 30 and 32 is too speculative to proceed.
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https://sfyimby.com/2026/05/formal-application-for-seawall-lot-330-san-francisco.html