Park Tower at Transbay | |
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General information | |
Status | Completed |
Type | Commercial offices |
Location | 250 Howard Street San Francisco, California |
Coordinates | 37°47′25″N 122°23′39″W / 37.7903°N 122.3943°W |
Construction started | October 2015 |
Completed | 2018 |
Height | |
Architectural | 605 ft (184 m) |
Roof | 550 ft (170 m) |
Technical details | |
Floor count | 43 |
Floor area | 743,000 sq ft (69,000 m2) |
Design and construction | |
Architect(s) | Goettsch Partners Solomon Coldwell Buenz |
Developer | MetLife Inc. John Buck Co. Golub Real Estate Development |
References | |
[1][2][3][4] |
Park Tower at Transbay is a 43-story, 605-foot (184 m) office skyscraper in San Francisco, California. The tower is located on Block 5 of the San Francisco Transbay development plan at the corner of Beale and Howard Streets, near the Transbay Transit Center.[5] The tower contains 743,000 square feet (69,000 m2) of office space.[6] The entire office space has been leased by Facebook.[7]
Block 5, an area bounded by Howard, Main, Beale and Natoma Streets, was formerly a state-owned parcel used for ramps leading to the since-demolished Transbay Terminal and Embarcadero Freeway. The block is bisected by a driveway for the neighboring Providian Financial Building.[8] Although zoned for residential development, the San Francisco Office of Community Investment and Infrastructure issued a request for proposal for a 550-foot (170 m) tower with 700,000 square feet (65,000 m2) of office space.[9]
Four development teams submitted proposals for the site: Boston Properties with Kohn Pedersen Fox; Golub Real Estate and The John Buck Company with Goettsch Partners and Solomon Cordwell Buenz; Jay Paul Company with Skidmore, Owings & Merrill; and Kilroy Realty with Pelli Clarke Pelli.[10] The proposal from Golub Real Estate and The John Buck Company was ultimately selected,[11] featuring a number of large, outdoor terraces on both the northwest and southeast corners of the building.[5] The development group paid US$172.5 million to acquire the property in September 2015.[12][13] Ceremonial groundbreaking took place on October 6, 2015,[4][14] with MetLife taking a majority stake in the project,[15] reportedly worth US$345 million for a 95% ownership stake.[16] The lobby was designed by Interior Architects.