From Socketsite today:
An Unexpected Transbay Twist And Block Redesign
With San Francisco’s Office of Community Investment and Infrastructure having determined that "economic conditions create a strong preference for commercial development over residential and hotel development" on Transbay Block 5, a request for proposals to build a 550-foot office tower with ground floor retail on the northeast corner of Howard and Beale has been issued.
Originally slated for a residential tower to rise up to 550 feet on the eastern portion of the block at the corner of Howard and Main, as we first noted yesterday, "unforeseen circumstances" have resulted in an unexpected configuration for the site and tower to rise.
The story behind the unforeseen circumstances which involves the driveway for 201 Mission Street (which runs through the middle of the block), the little Art Deco structure and open space on the corner of Howard and Beale (which is owned by 301 Howard across the street) and, of course, a concern about a potential loss of views:
There's more from their site:
http://www.socketsite.com/archives/2014/...nces_result_in_an_unexpected_transb.html
Basically TJPA attempted to acquire the 201 Mission Street driveway in order to develop the site according to the standard configuration but the property owner thinks that tenant views in 201 Mission Street would be blocked by the tower and so demanded a price far in excess of the market value for the driveway.
To be honest I'm a little confused as to why the city could not use it's authority to make the owners accept a fair market price. But maybe this configuration will result in a cool (better) design. Also why is an office building more desirable than a residential, hotel or a combination? Anyone have any answers?