Building Name: | Park Tower at Transbay |
Location: | 250 Howard Street San Francisco, California |
Coordinates: | 37.7903°N -122.3943°W |
Pushpin Map: | United States San Francisco Central#California#USA |
Start Date: | October 2015 |
Completion Date: | 2018 |
Status: | Complete |
Building Type: | Commercial offices |
Roof: | 550feet |
Architectural: | 605feet |
Floor Count: | 43 |
Floor Area: | 743000square feet |
Architect: | Goettsch Partners Solomon Coldwell Buenz |
Developer: | MetLife Inc. John Buck Co. Golub Real Estate Development |
References: | [1] [2] [3] |
Park Tower at Transbay is a 43-story, 605feet 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 Salesforce Transit Center.[4] The tower contains of office space.[5] The entire office space has been leased by Facebook.[6]
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.[7] Although zoned for residential development, the San Francisco Office of Community Investment and Infrastructure issued a request for proposal for a 550feet tower with of office space.[8]
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.[9] The proposal from Golub Real Estate and The John Buck Company was ultimately selected,[10] featuring a number of large, outdoor terraces on both the northwest and southeast corners of the building.[4] The development group paid US$172.5 million to acquire the property in September 2015.[11] [12] Ceremonial groundbreaking took place on October 6, 2015,[3] [13] with MetLife taking a majority stake in the project,[14] reportedly worth US$345 million for a 95% ownership stake.[15] The lobby was designed by Interior Architects.