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The project was approved by the San Francisco Planning Commission and Board of Supervisors in 2013, [5] [7] [8] and construction started in February 2016. [9] [10] [11]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, [12] making the latter the highest-priced penthouse in San Francisco.
Many of San Francisco's tallest buildings, particularly its office skyscrapers, [9] were completed in a building boom from the late 1960s until the late 1980s. [10] During the 1960s, at least 40 new skyscrapers were built, [ 11 ] and the Hartford Building (1965), 44 Montgomery (1967), Bank of America Center (1969), and Transamerica Pyramid ...
[15] [16] A groundbreaking ceremony for the buildings was held on December 8, 2016. [17] [18] Construction on the shorter of the two towers was suspended in 2019 due to economic conditions. [19] Subsequently, the construction on the second, taller tower was also halted in 2020 due to the COVID-19 pandemic. [19]
Construction was complete in early 2024 and an inauguration ceremony occurred on June 21, 2024. The ceremony was attended by Mayor London Breed, San Francisco Giants CEO Larry Baer, Elaine Forbes from the Port of San Francisco, and Carl Shannon from Tishman Speyer. Shannon used his time at the podium to advocate for cutting taxes and fees on ...
San Francisco has a searchable online map of 4,900 wood-frame buildings that are or were vulnerable because of a “soft” or poorly supported first story, and it could do the same for concrete ...
Upon completion, the building was the tallest concrete-framed structure located in Seismic Zone 4. It was also the tallest all-residential building in San Francisco from 2001 to 2008. [2] The Paramount is one of several new highrise projects completed or under construction on Mission Street since 2000.
Salesforce Tower is adjacent to the Salesforce Transit Center, a 1,430 feet (440 m) transit station that replaced the San Francisco Transbay Terminal, which had been severely damaged as a result of the 1989 Loma Prieta earthquake and served as the central focus of the San Francisco redevelopment plan. The building is located near Millennium Tower.
Downtown San Francisco, showing Millennium Tower (301 Mission St) center, behind it left the Salesforce Tower (under construction), far left top the 181 Fremont Street Tower (under construction), and foreground the cranes for the Park Tower (under construction) in front of the bare structure of the Transbay Terminal (under construction).