Posted May 12, 2014, 6:42 PM
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Only Mostly Dead
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Join Date: Apr 2007
Location: Marin
Posts: 5,226
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JK Dineen provided a few tidbits on this in today's Chronicle:
Quote:
Finally, the furthest along of the four projects, the Richard Meier-designed proposed white glass tower at 1540 Market St., is headed toward approvals this year.
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Meanwhile, neighbors of the coming 1540 Market tower are already bracing for change. Pei Xia Fung, owner of Variety Convenience Store on the same block, said she has been told that the block will probably be demolished toward the end of this year.
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Dave Stanton, the managing member of 1540 Market LLC, said the 268-unit condo project is "on the 5-yard line" in terms of its environmental approvals and that his group is talking to potential builders to partner with. "We think it will be the first of the four corners to go up, and we think it is going to be a marquee building," he said.
And he said the squat, two-story doughnut shop next to the proposed tower will remain - unless a deal can be struck with the owner.
"We made them offers and basically got no response for about five years. They came back last year willing to talk, but by that point the ship had pretty much sailed," Stanton said.
"At this point we can't change the building design to include the doughnut shop. We could possibly demolish it and put a park there. And we will offer to pay to reclad the outside and make it fit in. But there is no deal on the table with the doughnut shop - I guarantee you that," he said.
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The article is about the big changes afoot at Market and Van Ness and well worth reading for info on other developments in the area.
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