A new 32-story residential tower at 299 Fremont St. is now at about two-thirds of the way up, rising alongside the eight-story apartment complex at 280 Beale St. also under construction on Block 6 of the Transbay Transit District. The two buildings, with a connecting parking structure, broke ground in December 2013. Golub & Co. is the developer for the $200 million, 409-unit luxury high-rise complex, with non-profit developer Mercy Housing California building the 70-unit affordable rental building. The complex will also include a row of seven townhouse residences, a ground-level courtyard and street-front retail along Folsom and Fremont.
From Interest Rates to Infrastructure, Impact on the Building Trades Remains to be Seen
By Paul Burton, Contributing Writer
With Republicans gaining eight seats in the United States Senate and now holding majorities in both houses of Congress, there is speculation about how the party’s economic policies will impact development, construction and housing. The Republican Congress’s economic agenda focuses on reducing corporate tax rates, passing a balanced budget amendment to rein in deficit spending, curbing regulations and raising interest rates through the Federal Reserve.
The City of San Francisco has changed quite a bit with all of the new construction taking place now that the economy is once again chugging along. But it feels as if some of the best is on the horizon. We’ve put together a list of 10 projects that we will be following closely in 2015, and for years to come.
City Moves One Step Closer to a ‘Grand Central Station of the West’
The first pieces of the steel superstructure for the Transbay Transit Center are now rising above ground. Crews of ironworkers with subcontractor Skanska USA Civil Inc. began erecting steel for the above-ground floors of the new five-story Transit Center in early November. Representatives from the Transbay Joint Powers Authority (TJPA), construction workers and elected officials celebrated the milestone with an event on Nov. 7.
The boom of the construction industry in the City of San Francisco continued straight on through 2014, as we expected it would. Seeing cranes towering above is now an expectation rather than an exception as one winds his or her way through our buzzing streets. Exciting projects have taken shape throughout the year and the expert panel at Organized Labor has picked the standouts. Here are the Top Projects from 2014.
Anvil builds off veteran’s vision, commitment
By Allison Fazio
Hien Manh Tran served as a field sergeant in the U.S. Army, won a Purple Heart Medallion for his service in Iraq, and most recently founded Anvil Builders Inc., a successful and rapidly growing building and engineering company in San Francisco.
Two new towers with distinctive curved glass and metal exteriors are rising in the San Francisco skyline at 201 Folsom St. The 656-unit condominium development known as Lumina is being built all-union by general contractor Lend Lease for developer Tishman Speyer. Lumina is near the Infinity towers at Folsom and Spear streets, which were built by general contractor Webcor for Tishman Speyer between 2005 and 2009.