Quote:
Originally Posted by logandankr
Park Fifth has begun taking reservations. Apparently 20 units so far have put down the 10k deposit. 5% due spring of next year.
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Until (or unless) that proj goes forward, the tallest condo bldg in the west is one that has been going up in SF. I had only a vague idea til now about its existence, & didn't even realize its been under construction for over a yr:
Quote:
Carl Nolte, Chronicle Staff Writer
Saturday, June 16, 2007
This week crews poured the 60th and last residential floor at One Rincon, the condominium atop San Francisco's Rincon Hill. In about a month, the building will be topped off at 605 feet. At the end of the week, the building stood 587 feet, 8 inches above First and Harrison streets. It is taller than the Washington Monument and, like it or not, One Rincon is already a San Francisco landmark.
Mitchell Schwarzer, an architectural historian who has written a book on the architecture of the Bay Area, thinks One Rincon is disappointing, a building too conservative for its site. Schwarzer says it is not as good a building as the Bank of America building or the Transamerica Pyramid. "I would have hoped for something more exciting,'' he said. Lahey, the architect, thinks it's exciting now. He is based in Chicago, and when he flies into San Francisco he notices the construction on One Rincon the way someone sees one of his children after he was away on a trip. "Geez, you've grown.''
One Rincon Hill
First of two condominium towers
Height: 605 feet from street level, 660 feet above sea level
Ground broken: Nov. 10, 2005
Finish: summer 2008
Cost: $290 million
14 town houses; two sold
376 condo units; 368 sold
Prices: $500,000 to $2 million.
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If the number of presold units is correct, that's pretty good. The devlpr, btw, is based in San diego, another city in CA where the construction of highrise condo or apt towers kicked into high gear well before Astani started, & then stopped, work on his Concerto bldg.
I keep hoping when someone like fridayinla or colemonkee post a whole new set of photos here, that one of the shots finally can be titled "work is underway on the concerto tower!!!!!!"
That the site on the SW corner of 9th & flower still is dormant after all these wks & months now is going from a big question mark to flat out ridiculous. Astani must have somehow really screwed up, even more so if devlprs like Meurelo or the South Group can manage to move forward on their projs.