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Aerial view of San Francisco, looking south, with Fisherman's Wharf just left of center, directly above a lone sailboat. One of the busiest and well known tourist attractions in the western United States, Fisherman's Wharf is best known for being the location of Pier 39, the Cannery Shopping Center, Ghirardelli Square, a Ripley's Believe it or Not museum, the Musée Mécanique, Madame Tussauds ...
The Palace Hotel is a landmark historic hotel in San Francisco, California, located at the southwest corner of Market and New Montgomery streets. The hotel is also referred to as the New Palace Hotel to distinguish it from the original 1875 Palace Hotel, which had been demolished after being gutted by the fire caused by the 1906 San Francisco earthquake.
In 2008, part of the former clock tower building opened as Fairmont Heritage Place hotel. The hotel includes 53 residence-style rooms spanning four floors, and offers fractional ownership opportunities for all 53 of its hotel rooms. It is one of the few 5-star hotels in the Fisherman's Wharf area.
The hotel was sold by Strategic Hotel Capital LLC, in January 2007 for close to US$200 million to Dune Capital Management and DiNapoli Capital Partners – roughly $250,000 for each of the hotel's 802 rooms. [7] In December 2013, the hotel was purchased by Aliso-Viejo, CA-based Sunstone Hotel Investors, Inc., for $262M. [8]
It covers roughly a 5-city block length in downtown San Francisco on the south slope of Nob Hill; in the south boundary of the district is adjoining the Tenderloin neighborhood, and in the west it is adjoining the Polk Street/Van Ness corridor. [4] It is bound by 590–1209 Bush, 680–1156 Sutter, and 600–1099 Post Streets. [4]
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