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  #10561  
Old Posted Jan 12, 2021, 9:37 AM
timbad timbad is offline
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Originally Posted by AndrewK View Post
and thanks again! I think I'd completely missed that one
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  #10562  
Old Posted Jan 12, 2021, 7:50 PM
whitty whitty is offline
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Originally Posted by RST500 View Post
Looks like Norman Foster's Oceanwide Center is on hold indefinitely:

https://www.sfchronicle.com/business...edium=referral
This one is just so disappointing. These are going to be two absolutely massive holes in the ground for *years* I think. Unless someone like Boston Properties buys the whole thing, this ain't moving.
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  #10563  
Old Posted Jan 12, 2021, 9:20 PM
AndrewK AndrewK is offline
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Going up Franklin yesterday I noticed that there was work going on at 807 Franklin (the Englander House). They were demolishing what looked to be a later addition to the rear of the building. As a reminder, the old Victorian will be moved to the 600 block of Fulton and this will be built in its place (and on the adjoining empty lot):

http://www.kermanmorris.com/807-franklin

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  #10564  
Old Posted Jan 13, 2021, 8:04 AM
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viewguysf viewguysf is offline
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Originally Posted by whitty View Post
This one is just so disappointing. These are going to be two absolutely massive holes in the ground for *years* I think. Unless someone like Boston Properties buys the whole thing, this ain't moving.
There aren’t two massive holes since the entire substructures have been built out over a number of years that brought them to ground level, plus a little more. Still, this is more than disappointing, though it has been obvious for a long time.
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  #10565  
Old Posted Jan 13, 2021, 6:34 PM
whitty whitty is offline
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There aren’t two massive holes since the entire substructures have been built out over a number of years that brought them to ground level, plus a little more. Still, this is more than disappointing, though it has been obvious for a long time.
Fair, it’s an important distinction that these are fully excavated, sub structures built out to ground or above ground level, and there’s 2 tower cranes up. That’s a big difference. But as Oceanwide LA has shown... even in that state, it could be a while.
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  #10566  
Old Posted Jan 13, 2021, 7:58 PM
memester memester is offline
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Fair, it’s an important distinction that these are fully excavated, sub structures built out to ground or above ground level, and there’s 2 tower cranes up. That’s a big difference. But as Oceanwide LA has shown... even in that state, it could be a while.
The third crane for the Waldorf Astoria/Condo tower is still onsite (or it was back in late December). Both sites are ready to go above ground if a buyer could be found. The issue, to me, is Oceanwide's expectation it should be paid full price for it's botched project management. Oceanwide proceeded expecting it could cover costs through it's internal cash flow/assets and did not take into account China changing it's overseas investment policies in mid project. It's a sad site, but it is also an entitled site, so someone will want in at some point. All the design and engineering work is paid for, sooooo
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  #10567  
Old Posted Jan 13, 2021, 8:09 PM
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Originally Posted by viewguysf View Post
There aren’t two massive holes since the entire substructures have been built out over a number of years that brought them to ground level, plus a little more. Still, this is more than disappointing, though it has been obvious for a long time.
Let's hope it doesn't sit idle as long as the Chicago Spire site? How long was the 535 Mission St site idle?
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  #10568  
Old Posted Jan 13, 2021, 9:24 PM
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Let's hope it doesn't sit idle as long as the Chicago Spire site? How long was the 535 Mission St site idle?
The 535 Mission site really was a hole in the ground filled with gravel. Oceanside is much farther along. A better comparison might be 706 Mission where a lot of underground work was done in anticipation of the ultimate completion of the Legoretta design of the Mexican Museum. When 4-Seasons came along with their tower proposal many years later--a totally different type of building--much of this work turned out to be worthless but I don't think that'll happen with Oceanwide. In SF it seems like about half the time to put up a tower is spent on foundation work and below ground work. That would mean these buildings are half-way done. Somebody will pick up the ball but the great unknown is what kind of recovery from the COVID economic catastrophe we'll have: A quick bounce-back or a slow grinding recession. And will the work-from-home boomlet fade as people realize the folks actually coming into the office for face time with the boss are the ones getting promoted (and paid more)? If so, and the value of downtown office space bounces back, Oceanside might not be on hold as long as some think.
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  #10569  
Old Posted Jan 13, 2021, 9:30 PM
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LAisthePlace LAisthePlace is offline
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Originally Posted by Pedestrian View Post
The 535 Mission site really was a hole in the ground filled with gravel. Oceanside is much farther along. A better comparison might be 706 Mission where a lot of underground work was done in anticipation of the ultimate completion of the Legoretta design of the Mexican Museum. When 4-Seasons came along with their tower proposal many years later--a totally different type of building--much of this work turned out to be worthless but I don't think that'll happen with Oceanwide. In SF it seems like about half the time to put up a tower is spent on foundation work and below ground work. That would mean these buildings are half-way done. Somebody will pick up the ball but the great unknown is what kind of recovery from the COVID economic catastrophe we'll have: A quick bounce-back or a slow grinding recession. And will the work-from-home boomlet fade as people realize the folks actually coming into the office for face time with the boss are the ones getting promoted (and paid more)? If so, and the value of downtown office space bounces back, Oceanside might not be on hold as long as some think.
We down in LA are *quite* eager for Oceanwide SF to get sold as the consensus seems to be that they will use the proceeds from the SF sale to complete the LA property.

Meanwhile it is just hanging out, cranes and all. Same as it ever was...

What a mess.
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  #10570  
Old Posted Jan 14, 2021, 1:24 AM
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Oceanwide Center (name to undoubtedly be changed) has had its own thread since the beginning and now there are simultaneous conversations going on. Let's stick to its dedicated thread please.

https://skyscraperpage.com/forum/sho...185537&page=58
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  #10571  
Old Posted Jan 15, 2021, 7:47 PM
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I took a different route to work than usual yesterday and noticed the oil change station on Valencia across from Zeitgeist had been demolished.
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  #10572  
Old Posted Jan 16, 2021, 2:33 AM
timbad timbad is offline
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Originally Posted by AndrewK View Post
I took a different route to work than usual yesterday and noticed the oil change station on Valencia across from Zeitgeist had been demolished.
ah, this one

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  #10573  
Old Posted Jan 16, 2021, 6:57 PM
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Jerry of San Fran Jerry of San Fran is offline
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1288 Howard Street and 9th Street The final floor build as of 1/16/2021. In this photo the building in the lower right corner is the micro apartments on Mission Street and 9th Street.

1288 Howard Street @ 9th Street
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  #10574  
Old Posted Jan 16, 2021, 10:26 PM
timbad timbad is offline
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according to Potrero View, infrastructure work for Phase 2 of Rebuild Potrero is to start this Monday, with construction of the housing itself starting in August
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  #10575  
Old Posted Yesterday, 3:17 AM
timbad timbad is offline
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Potrero View also reminded me that at the corner of Third and Evans, at the far north end of Bayview, the new Southeast Community Center is going up, replacing the old India Basin Industrial Park



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