Posted Jul 30, 2024, 3:54 PM
|
你的媽媽
|
|
Join Date: Jan 2012
Location: The Bay
Posts: 9,379
|
|
Quote:
Mystery surrounds giant downtown San Francisco lot that’s sat empty for almost 30 years
![](https://content.sfstandard.com/wp-content/uploads/2024/05/20240508_marketstemptylot-14.jpg?w=1920&q=75)
By Garrett Leahy
Updated May 14, 2024 • 7:02am
Published May 13, 2024 • 6:00am
Sandwiched between a performing arts theater and a mixed-use building in downtown San Francisco, just steps away from the Civic Center BART Station, is an empty plot of land that’s been vacant for almost 30 years.
...
The 12,400-square-foot lot at 1125 Market St. was once home to the Embassy Theatre, which opened shortly before the 1906 earthquake and was demolished in 1996. Since then, the plot has remained barren despite having three different owners over the years and recent plans for a 12-story hotel. But with hotel plans now scuttled, the lot’s future is unclear.
...
The land was last sold in 2015 to San Francisco real estate firm Pacific Eagle for $19.8 million, property records show. In 2013, Pacific Eagle filed plans with the city for a 12-story, 180-room hotel with over 10,000 square feet of office space. In 2020, Pacific Eagle modified the plans so the hotel would have the same square footage but with 20 fewer rooms, although those plans are not entitled, according to the city. But those plans are no more. “There’s not going to be a hotel there,” a representative for Pacific Eagle told The Standard. “Probably residential, but nothing’s been filed yet.” That was news to the city’s planning chief of staff, Dan Sider, who said as of February, the plans were active.
...
|
https://sfstandard.com/2024/05/13/ma...san-francisco/
|