Four Seasons Private Residences at 706 Mission Street explained

Four Seasons Private Residences at 706 Mission Street, San Francisco
Location:706 Mission Street, San Francisco, California
Coordinates:37.786°N -122.4028°W
Pushpin Map:United States San Francisco Central
Status:under construction
Topped Out Date:November 2019
Start Date:2016
Est Completion:June 2020
Building Type:Museum, residential condos
Classification:Skyscraper
Architectural:510feet
Roof:480feet
Floor Count:43
Unit Count:Up to 190
Cost:US$500 million
Architect:Handel Architects
TEN Arquitectos
Main Contractor:Webcor Builders
Developer:Westbrook Partners
References:[1]

Four Seasons Private Residences at 706 Mission Street, San Francisco (formerly named 706 Mission Street)[2] is a 43-story, 510feet residential skyscraper under construction in the South of Market district of San Francisco, California. Located across the street from Yerba Buena Gardens and Moscone Center, the tower site is bounded by Mission Street on the south and 3rd Street on the east, and will incorporate the historic Aronson Building in its design.[3] The tower will contain up to 190 condominiums on the upper floors and a permanent home for the Mexican Museum on the bottom four floors.[4]

History

The project was approved by the San Francisco Planning Commission and Board of Supervisors in 2013,[3] [5] [6] and construction started in February 2016.[7] [8] [9]

Pre-sales for the 146 condos began in May 2019, ranging from $2.3 million per unit up to $49 million for the top-floor penthouse,[10] making the latter the highest-priced penthouse in San Francisco.[11] [12] It has 12 penthouse units priced in the $15 million to $25 million range.[13] The project was taken over by Westbrook Partners in the fall of 2019, creating the 706 Mission Co. LLC entity.[14]  In October 2019, the San Francisco Business Times reported that The Four Seasons Private Residences was hiring art and wine experts.[15] In January 2020, it was reported that athlete Steph Curry was buying a unit in the tower.[16] [14] The condo tower is scheduled to be complete in June 2020.[14] After the coronavirus pandemic impacted the physical sales process for several months, the residence began offering virtual real estate tours in May 2020.[17]

Notable tenants

Legal

After approval in 2013, the development faced a lawsuit from residents of the nearby Four Seasons Hotel & Residences,[3] [5] [6] which was settled in 2015.[7] [8] [9]

See also

Notes and References

  1. Web site: Emporis building ID 1252609 . https://web.archive.org/web/20211001044436/https://www.emporis.com/buildings/1252609/four-seasons-residences-at-706-mission-san-francisco-ca-usa . dead . 2021-10-01 . Emporis.
  2. https://www.hotelnewsresource.com/article102890.html Hoetl News
  3. Web site: Roberts . Chris . Mexican Museum, condo project get key city sign-off . San Francisco Examiner . May 23, 2013.
  4. News: Baker. Kenneth. Mexican Museum's new home closer to reality. San Francisco Chronicle . August 18, 2013.
  5. News: Mexican Museum approval to spark legal, ballot fights . Marisa . Lagos . July 24, 2013 . San Francisco Chronicle.
  6. News: Dineen . J.K. . SoMa condos poised to be S.F.'s most expensive ever . San Francisco Chronicle . March 13, 2015.
  7. News: Update on S.F. Mexican Museum, farewell to Dan Hicks . Jesse . Hamlin . February 17, 2016 . SF Gate.
  8. News: Settlement Reached for 46-Story Mexican Museum Tower to Rise . December 18, 2015 . SocketSite.
  9. News: After 10-year wait, $500 million Mexican Museum condo tower in S.F. to break ground by March . Roland . Li . January 13, 2016 . San Francisco Business Times.
  10. https://www.bizjournals.com/sanfrancisco/news/2019/11/13/first-look-san-franciscos-next-ultra-luxury-condo.html "First Look: San Francisco's next ultra-luxury condo tower nears completion"
  11. https://www.sfgate.com/realestate/article/46-million-San-Francisco-penthouse-Fremont-14515958.php "See inside the $46 million San Francisco penthouse, among the highest priced properties in the city"
  12. https://www.sfgate.com/realestate/article/most-expensive-penthouse-San-Francisco-Four-Season-14856417.php#photo-18652790 "At $49 million, this will be San Francisco's most expensive penthouse"
  13. https://sf.curbed.com/2019/11/14/20965494/new-four-seasons-tower-in-yerba-buena-topped-off "New Four Seasons tower in Yerba Buena topped off"
  14. https://www.bizjournals.com/sanfrancisco/news/2020/01/22/currys-snap-up-s-f-condo-in-four-seasons-private.html "Currys snap up S.F. condo in Four Seasons Private Residences"
  15. https://www.bizjournals.com/sanfrancisco/news/2019/10/28/photos-bay-area-apartment-and-condo-developers.html?ana=e_mc_prem&j=90141161&t=Morning&mkt_tok=eyJpIjoiTURoa01XWXlNakV6TUdSbCIsInQiOiJiYUtqZU9qZW14UUdBUU1KNEJyMlMyVW9NNVBmcTNmOVwvSDlmV0hlT0Z4dU5QVlVubG0ybmEzR0dMTkZVNm13Nlk2UEJ6RWJTS1dmNXNWTzV5SUFhTGNocFBLdjhVVDlQSnZOSzR0K280Y05CWVViWkhcLytjZExpb0d5eDVqVFAwIn0= "Photos: Bay Area apartment and condo developers jack up amenities to lure residents"
  16. https://www.sfchronicle.com/bayarea/article/Warriors-Steph-Curry-scores-luxury-home-in-new-14993571.php "Warriors’ Steph Curry scores luxury home in new SF condo tower"
  17. Web site: San Francisco's Sexiest New Residence Offers Posh Virtual Real Estate Tours. .

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