Simms' excellent post reminded me of an old one. Just for the sake of contrast, I went back almost exactly 5 years in this thread -- back to some really dark times for development in SF. Below is a post from November 14, 2008. The last of the big projects from the previous boom were wrapping up and proposals that were expected to start were dying left and right (
basically everything below not already under construction was put on hold):
Quote:
Originally Posted by peanut gallery
A few of updates from the last couple of weeks, notably 45 Lansing and 10th/Market.
In Progress/Complete
301 Mission - tower and midrise exteriors basically complete; interiors and grounds under construction
One Rincon Hill phase 1 - tower complete; townhomes and landscaping approaching completion
555 Mission - complete; finishing plaza and interior
Infinity - tower 1 and townhomes complete; tower 2 exterior complete; courtyard nearing completion
631 Folsom - facade largely complete, interior, ground level and landscaping in progress
One Hawthorne - under construction; pouring at street level; rebar up to first/second level
Trinity - under construction; last I checked they were working on level 12
Proposed/Still Alive
Transbay Tower - Hines deal approved; awaiting final approval of height zoning changes; I'm just hoping Hines doesn't back out with this economy.
350 Mission - expected to start in 2009; I'm dubious
45 Lansing - Turnberry sold 50% stake to Group 24; excavation due to begin Q1 2009; project should take 30 months to complete
10th and Market (Crescent Heights) - interior being redesigned for apartments rather than condos; timing unknown
On Hold/Dead
One Rincon Hill phase 2 - on hold
535 Mission - on hold; excavation complete; piles driven and being sealed for the wait until construction starts again
The Californian (375 Fremont) - Fifield is trying to sell their development entitlements; basically dead for now
340-350 Fremont - Peebles is trying to sell their development entitlements; basically dead for now
350 Bush - was supposed to be delivered in 2009; entitled through 2010; nothing is happening onsite; I think it's on hold/dead, but no official statement to that effect
|
Now, almost all of those are back in action with some notable additions (headers are from 5 years ago to highlight how things have changed). A bit of a repeat from Simms' post, but just to put it all in one place:
Proposed/Still Alive (in 2008, remember these all went on hold)
Transbay Tower, 1070' - Site prep is underway.
350 Mission, 445' - Under construction, climbing above street level.
45 Lansing, 450' - Under construction, climbing to street level.
10th and Market (now called NEMA), 352' - Under construction, exterior nearing completion.
On Hold/Dead (in 2008)
One Rincon Hill phase 2, 541' - Under construction, near topping off, if not there already.
535 Mission, 380' - Back under construction, rising steadily.
The Californian (375/399 Fremont), 400' - Dropped the name, but just filed for the shoring/excavation permits; expected to start by the end of the year. Also, I think this will be taller than 400' when built.
340-350 Fremont, 440' - Building permits in place, now awaiting demo permits to clear site; there is already equipment onsite however. Like its neighbor (375/399) directly across the street, expected to start very soon.
350 Bush - The one project from this list not showing signs of imminent construction, although there are some rumblings.
In addition, there are now these active projects which weren't anywhere close to starting yet:
181 Fremont, 802' (to spire) - Excavation underway, will be officially under construction next year.
201 Folsom (Lumina), 400' and 350' - Excavation almost complete, and already started on the foundation.
Transbay Block 6, 300' - Site prep underway.
222 Second, 350' - Excavation nearing completion. Will be officially under construction soon.
Trinity 2 - This was built and now there are signs phase 3 will start soon.
And that doesn't include a bunch of proposals at various stages of approval and financing. This is truly a remarkable time for development in the city. I dare say on par with the massive boom of the 70s/early 80s. Enjoy it, folks. Reading back through those posts form the dark times reminded me how depressing it was. There was one quote from a developer saying we would never see another residential tower built in San Francisco again. Hyperbole for sure, but that's how bleak it felt.