Microsoft PowerPoint - Transit Center Cost Review Committee 11 18 16 (R1)

San Francisco

Planning Department,

OCII

Transbay Zones 1 & 2 +

Transit Center CFD

Projects

San Francisco

Planning Department,

OCII

Transbay Zones 1 & 2 +

Transit Center CFD

Projects

Transbay Cost Review Committee

11.18.16

Transit Center District Plan

Affordability Requirements

• AB 812 and Transbay Redevelopment Plan

require 35% of all units built in Zone 1 & 2 be

affordable

• Redevelopment Plan requires individual projects

within Zone 1 & 2 to provide15% affordable on-

site

Transbay Development Program

Publicly-Owned Parcels

• Over 3,300 new residential

units (including over

1,300 affordable units)

• Over 2.6 million s.f. of new

office development

• 200,000 s.f. of new retail

space

• 9 acres of new parks,

including 5.4-acre rooftop

park on Transbay Transit

Center

Privately-Owned Parcels

• Over 900 new residential

units

• Nearly 4 million s.f. of new

office development

(Planning Department Land Use Jurisdiction)

(OCII Land Use Jurisdiction)

Transbay Zone 1 Project Status

Transbay Zone 2 Project Status

Within Zone 2

Outside Zone 2

Transbay Zone 2 Project Status

Transit Center Tower

•Developer: Hines

•Architect: Pelli Clarke Pelli

•920’ to roof, 1070’ to tower top

•Status: Under construction;

•Estimated completion: 2017- 2019

Transbay Zone 2 Project Status

181 Fremont

•Developer: 181 Fremont Street LLC, Jay Paul

Company, LLC

•Architect: Heller Manus

•700’ to roof, 745’ to tower top, 802’ to spire

•404,000 SF Office, 75 DU, 2000 SF Retail

•Status: Under construction;

•Estimated completion: 2016-2017

Transbay Zone 2 Project Status

524 Howard

•Developer: Howard / First LLC

•Architect: Handel Architects

•495’ to roof

•334DU (284 Market Rate 50 BMR)

•Planning Commission Hearing: Nov. 3, 2016,

approved

•Estimated Construction: 2017-2019

Transbay Zone 2 Project Status

555 Howard

•Developer: SKS / Pacific Eagle

•Architect: Renzo Piano

•405’ to top of mechanical

•225 Hotel Rooms, 80 Dwelling Units

•Status: Under Planning Department Review

•Estimated Planning Commission Hearing: Q1,

2017

•Estimated Construction: Q3, 2017–Q1, 2021

Transbay Zone 2 Project Status

41 Tehama

•Developer: Tehama Partners LLC, Fritzi

Realty

•Architect: Arquitectonica

•342’ to top of building

•403 DU (343 Market Rate, 60 BMR)

•Status: Under Construction

•Estimated Completion: Fall 2017-2018

Transbay Zone 2 Project Status

Parcel F

•Developer: Hines

•Architect: Pelli Clarke Pelli

•806’ to top of building

•200 DU; 50 BMR

•237,150sf Hotel; 286,900 sf Office

•Status: Preliminary Project Assessment

complete; no entitlement application

submitted

•Estimated Planning Commission: TBD

Transbay Zone 2 Project Status

48 Tehama

•Developer: RFT, LLC

•Architect: TBD

•342’ to top of building

•9 DU, 119 Hotel Rooms

•Status: Preliminary Project Assessment

complete; no entitlement application

submitted

•Estimated Planning Commission:

unknown

Transit Center CFD Project Status

350 Mission

•Developer: Kilroy Realty Corporation

•Architect: SOM

•455’ to top of building

•420,000 SF of office

•Construction Completed

Transit Center CFD Project Status

75 Howard

•Developer: Paramount Group

•Architect: SOM

•220’ to top of building

•120 DU;

•Status: Site Permit Review

•Estimated Construction: 2016-2018

Transit Center CFD Project Status

50 1

Street

•Developer: Oceanwide

•Architect: Foster + Partners

•850’ to top of building

•790,236 sf of new office, (~1m total)

•245,895 sf of hotel

•Status: Site Permit Review

•Estimated Construction: 2016-2021

• Developer: BRIDGE

Housing & CHP

• Architect: Leddy Maytum

Stacy Architects

• 120 units supportive

housing

• Status: Complete and

occupied

Block 11 Rene Cazenave Apartments

Photo by Tim Griffith

Transbay Zone 1 Project Status

Blocks 6/7

• Developer: Golub/Mercy

• Architects: Solomon Cordwell Buenz

(SCB), Santos Prescott & Associates

• Market-Rate Units: 409

• Affordable Units: 190 (32%)

• Total Units: 599

• Status: B6 complete and occupied,

B7 Began Const. June 2016

Transbay Zone 1 Project Status

Block 5

• Developer: Golub/ John Buck Company

• Architect: Goettsch Partners & SCB

• Office Sq. Ft.: 767,000

• Status: Began Construction Dec 2015

Transbay Zone 1 Project Status

Block 8

• Developer: Related/TNDC

• Architect: OMA & Fougeron

Architecture

• Market-Rate Units: 398

• Affordable Units: 150 (27%)

• Total Units: 548

• Status: Began construction

October 2016

Transbay Zone 1 Project Status

Block 9

• Developer: Essex/BRIDGE

• Architects: Skidmore Owings & Merrill,

Fougeron Architecture

• Market-rate Units: 436

• Affordable Units: 109 (20%)

• Total Units: 545

• Status: Began Construction March

2016

Transbay Zone 1 Project Status

Block 1

• Developer: Tishman/Speyer

• Architect: Studio Gang, Perry

Architects, Barcelon Jang

• Market-rate Units: 235

• Affordable Units: 156 (40%)

• Total Units: 391

• Status: Begin Construction March

2017

Transbay Zone 1 Project Status

Transbay Transit Center Community Facilities District

Status of Development

November 2016 Update

Property/

Address

Owner Use Units or Office

Estimated

Completion

Current Status

Block 6 Golub Residential 479 2016 Complete; TCO issued prior to 6/30/16

350 Mission KR 350 Mission Office 420,000 SF 2016 Construction Completed 2015

41 Tehama Hines Residential 403 DU 2016 Under construction; completion estimated 2016

Block 1 Tishman Speyer Residential 391 2020 Approved, begin construction 1Q 2017, Complete 2020

Block 5 Golub/John Buck Co Office 767,000 SF 2019 Under construction; completion estimated 2019

Block 9 TMG/Essex/Bridge Residential 545 2019 Under construction; completion estimated 2019

181 Fremont Jay Paul Co Ofc/Res

Ofc: 404,000 SF

Res: 74 DU

2017 Under construction; completion estimated 2017

Salesforce Tower Boston Properties/Hines Office 420,000 SF 2017 Under construction; completion estimated 2017

Block 8 Related Co/TNDC Residential 548 2020 Under construction; completion estimated 2020

Parcel F F4 Partners Ofc/Res/Hotel

Ofc: 286,900 SF

Res: 200 DU

Hotel: 225-250 Rms;

237,150 SF

2023 TJPA contractor use reserved until Dec. 2016

Block 4 Option for F4 to buy Residential Est. 500 2022 Northern portion of Temporary Terminal. Entitlement

process underway

75 Howard Paramount Residential 122 2019 Site permit review

524 Howard Crescent Heights Residential 334 2019 Planning Commission: Nov. 3, 2016

555 Howard SKS, Pacific Eagle Res / Hotel Res: 80 DU

Hotel: 255 Rms;

213,000 SF;

2021 Environmental Review; Estimated Planning Commission

Feb 2017

50 1

Street Oceanwide Ofc/Res/Hotel

Ofc: 790,236 sf

Res: 265 DU

Hotel: 245,895 sf

2021

Site permit review; demolition has commenced