SAN FRANCISCO | Projects: Under Construction, Approved, and Proposed

[BTinSF]

@pg: Yeah, 535 stopped because between when they started digging and when they finished, the economy crashed and it was a "spec" building--meaning probably no tenants and perhaps no construction funding. But as you pointed out, this is a city project. Once funding is in place, it isn't likely to go away so the real question is whether it's in place. Back in January the BizTimes reported the PUC expected to hear if they were going to get any "stimulus" money for it "in about a month". Well, of course, it's now 5 months later, so I want to assume they've heard and the activity means they got enough money. But I'd feel a lot better about it if I could verify that.

You may be able to tell this building means more to me than most. It's a block from where I live--an ugly, rather derelict block (the worst in the area). The old state building, now gone, was its worst but not its only eyesore. The new PUC building would be a real plus.