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One Front Street, formerly known as Shaklee Terraces, is an office skyscraper in the Financial District of San Francisco, California. The 164 m (538 ft), 38-floor tower was completed in 1979, at which point the official address was 444 Market Street. The address was later changed as the number 4 is seen as causing bad luck in many Asian ...
It was the fifth tallest building in San Francisco when it was completed but is no longer in the top 30. [6] One California was one of three buildings, the other two being 555 California Street and McKesson Plaza, that was featured in a 1970 Newsweek article widely thought to have coined the term "Manhattanization". [2]
The developer's headquarters are in San Diego, although all its highrise projects over 14 stories are in the San Francisco Bay Area. [16] The Rincon Hill complex is the developer's second project in San Francisco, with the first being ONE Embarcadero South, a residential complex near One Rincon Hill and across from Oracle Park. [17]
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San Francisco Mayor Angelo Joseph Rossi (pictured 1937) spoke at the dedication ceremony for the building on July 31, 1937. [3] The Western Furniture Exchange and Merchandise Mart, also known as the San Francisco Mart, [2] was completed in mid-1937, after about one year of construction, at a cost of about $3 million (equivalent to $61,000,000 ...
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However, Union Pacific Railroad was still the owner of One Market Street until the building was sold for US$50,000,000 (equivalent to $93,466,721 in 2023) to The Martin Group (TMG) in 1998. [ 8 ] [ 9 ] TMG invested another $50 million to renovate the property, [ 8 ] including a seismic retrofit, completing work in 1999. [ 10 ]
During the urban renewal and redevelopment movement of the mid-1960s, the International Hotel was targeted for demolition. [5] This "urban renewal" that occurred in response to the end of World War II had destroyed the heart of the Fillmore District, San Francisco, and hundreds of homes and thousands of residents were displaced due to the city's plans to expand the downtown business sector.