SAN FRANCISCO | 1125 Market Street | 120 FT | 12 FLOORS

[Pedestrian]

Refined Plans for New Mid-Market Hotel Closer to Reality, But…
July 31, 2020

The refined plans for a 12-story hotel and office building to finally rise upon the long-vacant lot at 1125 Market Street, upon which the former Bell/American/Embassy Theater once stood adjacent to the newly renovated Strand, are one big step closer to reality, with the project having effectively been cleared from an environmental perspective.

That being said, as redesigned by Woods Bagot and Leong Leong for the Pacific Eagle team, the proposed development would yield a 180-room hotel over 5,500 square feet of ground floor restaurant/retail space and 10,500 square feet of co-working office space, the demand and economics for which are likely under review.

http://socketsite.com/archives/2020/...ality-but.html

[homebucket]

Mystery surrounds giant downtown San Francisco lot that’s sat empty for almost 30 years



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.

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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/