Real Estate

Condos Dropped from Permitted Renzo Piano Tower Plans

As we first reported this past September:

While the approval process for a 36-story tower designed by Renzo Piano Building Workshop, in collaboration with Mark Cavagnero Associates, to rise up to 405-feet in height at 555 Howard Street was, in fact, fast-tracked by Planning, and the development was approved back in early 2017, the project has yet to break ground.

Of course, in order to break ground, the detailed blueprints for an approved project need to be checked by numerous different entities, including the city’s Fire Department and structural engineers, and an actual building permit needs to be approved and issued, perhaps with a heightened level of scrutiny considering the attention another nearby tower has received over the past couple of years.

And while the aforementioned engineers have yet to give their final approval, San Francisco’s Fire Department and Public Utilities Commission have recently signed off on a thrice revised set of plans and a building permit could soon, at least relatively, be approved along with a demolition permit to clear the site for construction.

Championed by Pacific Eagle Holdings and SKS Partners, the 555 Howard Street tower is slated to yield 69 residential condos over a 237-room luxury hotel, with a quadruple height lobby fronting Howard, a ground floor restaurant, a sky bar on its 36th floor and a rooftop public open space above.

And while the building permit for the tower has since been approved, the project team is now seeking approval to scrap the condo component from the development and simply build a 406-room hotel, with one (1) off street parking space and a storage room for 20 bikes. We’ll keep you posted and plugged-in.




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