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Old Posted Jun 18, 2019, 7:05 AM
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Pedestrian Pedestrian is offline
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Join Date: Dec 2016
Location: San Francisco
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Quote:
Warriors fell on the court, but franchise is booking hotel, apartment plans at Chase Center
By Ron Leuty – Reporter, San Francisco Business Times
9 hours ago

The Golden State Warriors are in the process of asking San Francisco city officials for permission to move forward with plans for a 142-room hotel topped by 24 market-rate apartments connected to the franchise's nearly $2 billion arena development, co-owner and CEO Joe Lacob said . . . .

"It's right on the schedule that we (thought), but we were deciding" whether to build the hotel/apartments, he said.

The bay-side site at Terry Francois Boulevard and South Street previously was earmarked for 24,000 square feet of retail in a structure rising only 41 feet, but Lacob said the foundation was constructed to accommodate Mission Bay's 160-foot height limit while the Warriors organization evaluated whether to move forward with the hotel plans.

"We just over-engineered (the foundation) …," Lacob said in April. "It's called thinking ahead."

The two office buildings on the Third Street side of the project are 160 feet tall, or 11 floors. Both buildings, ownership of which is split between the Warriors, Alexandria Real Estate Equities Inc. and ride-hailing technology company Uber Technologies Inc., are fully leased to Uber for 20 years . . . .
https://www.bizjournals.com/sanfranc...ptWjIifQ%3D%3D

Assuming Uber is around in 20 years . . . .
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