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The tower is located on Block 1 of the San Francisco Transbay development plan at the northwest corner of Folsom and Spear Streets, near the Embarcadero. [5] Developed by Tishman Speyer, the project contains 392 condominiums, with 156 designated below-market-rate, and was completed in 2020. [6]
The two residential projects, 300 Spear and 201 Folsom, were proposed by Tishman Speyer Properties and initially designed by Heller Manus Architects. [7] The San Francisco Planning Commission was scheduled to give its vote on the two projects on June 26, 2003, but this was delayed until September.
The tower was acquired by Tishman Speyer and partner Prudential Real Estate Investors in 2012 for about US$230 million. [9] Tishman undertook a US$14 million renovation, which included a remodeled lobby by New York-based firm MdeAS Architects. Tishman sold 650 California to Columbia Property Trust Inc. in September 2014 for US$309 million. [10]
Tishman Speyer is an American multinational corporation based at 45 Rockefeller Plaza in Midtown Manhattan. The conglomerate invests in high-profile real estate properties, has developed multiple buildings around the world, and has owned famous buildings and land plots, including the Chrysler Building .
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In October 2019, Netherlands-based designer MVRDV revealed the design renderings for a canyon-like tower to be constructed in San Francisco. Named The Canyon, the building is one of four that form the first phase of the Mission Rock development project, which was joint venture between the San Francisco Giants, Tishman Speyer and the Port of San Francisco.
Tishman Speyer's Bay Street property now holds a masonry office and industrial complex formerly occupied by Hyperloop One, a futuristic, high-speed transportation system originally fantasized by ...
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