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  #1  
Old Posted Jul 31, 2021, 6:25 PM
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Pedestrian Pedestrian is offline
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SAN FRANCISCO | 570 Market Street | 330 FT | 29 FLOORS

Quote:
Shadow Study Submitted for 570 Market Street, Financial District, San Francisco
BY: ANDREW NELSON 5:30 AM ON JULY 31, 2021

Developers have applied for the variance application required for demolition at 570 Market Street, in San Francisco’s Financial District. A two-story retail build on-site will be cleared for a 29-story infill hotel tower with 240 guest rooms . . . .

The structure will rise 330 feet above street level with 155,640 square feet of gross area. 126,820 will be for hotel use, 5,350 square feet for ground-level retail, and 4,200 square feet of privately owned public open space, a.k.a. POPOS. A portion of the public space will be located on a 3,540 square foot outdoor lounge and bar on the 15th floor landscaped by dwg.

Danny Forster & Architecture, or DF&A, is the project architect. The tower is uniquely constrained by the trapezoidal lot abutted by the Chancery Building, the Hobart Buildings, and the 565 foot tall 44 Montgomery Street office tower. A metal screen wall will increase guest privacy for units overlooking Market Street below the 15th-floor setback.

Guest amenities will include a fitness center and an outdoor yoga studio deck on the 18th floor. Parking will be included for 17 bicycles, tour buses, though no single-family cars.

. . . The new development will invest an estimated $75 million for construction. New building permits have not yet been filed.

(Market St. Elevations)






570 Market Street elevation side entrance abutting 44 Montgomery
https://sfyimby.com/2021/07/variance...francisco.html

Last edited by homebucket; Jul 30, 2024 at 5:05 PM.
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  #2  
Old Posted Jul 31, 2021, 6:46 PM
JMKeynes JMKeynes is offline
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SF is so magnificent!
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  #3  
Old Posted Aug 1, 2021, 5:43 PM
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promising. a bit of a blank face now.
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  #4  
Old Posted Sep 18, 2025, 5:24 AM
homebucket homebucket is online now
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Quote:
San Francisco approves largest hotel in years
By Olivia Harden, Travel Reporter
Sep 17, 2025

Real estate investors are optimistic about San Francisco as the city’s planning commission green-lights the biggest hotel for downtown in years. During its Sept. 11 meeting, the commission unanimously approved a towering boutique hotel at 570 Market St. At 211 rooms and 29 stories, the hotel would not be the tallest new hotel in the city (the recently approved 530 Sansome St. project is taller in height), but a planner for the city told SFGATE that it’s the largest hotel approved recently in terms of room count.

...

In preparation for the meeting, the project’s sponsor, Frontier Group LLC, commissioned an analysis from CBRE, a firm that specializes in commercial real estate. The CBRE report found that San Francisco is forecast to have the greatest revenue per available room in all of Northern California this year, at 8.4%, which far outpaces the national average of 1.3%. Analysts attributed this largely to the return of business travel and industry conventions.

“CBRE published a detailed report and subsequent addendum projecting that this type of high-end, view-oriented hotel would open into a strong and viable market,” planning staff member Jonathan Vimr said during the meeting. “Particularly in light of the fact that [this project] could not realistically be delivered for several years.”
https://www.sfgate.com/travel/articl...s-21053868.php
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  #5  
Old Posted Sep 18, 2025, 5:28 AM
homebucket homebucket is online now
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  #6  
Old Posted Sep 18, 2025, 5:45 PM
OneRinconHill OneRinconHill is offline
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It's going to sit right up against 44 Montgomery like that? Gonna be weird for people in that building looking directly into a hotel now.
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  #7  
Old Posted Sep 19, 2025, 2:40 AM
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^^^I was thinking about that. The people on several floors of the east side of 44 Montgomery are going to have their views and sunlight blocked. They might need to make some adjustments to the offices or spaces on those floors to compensate. Hopefully it's not too bad. At least that side of the building is not as wide. I also wonder if those areas of 44 Montgomery are currently used, or what they can be used for in the future. I've been in that building years ago for various seminars. It didn't have much time to look, but I did look out the windows occasionally to see the view which was more to the west side instead, where I usually was.
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