A massive new tower complete with a “floating cube” could soon adorn San Francisco’s skyline. The 62-story tower will feature 826 rental homes, it will include 472 two-bedroom apartments, 118 three-bedroom units, 118 studios and 118 one-bedroom apartments.
The site is between Hawthorne and 2nd streets on Folsom, is close to the Moscone Center
“>Moscone Center and a short walk from the Montgomery Street Bay Area Rapid Transit
“>BART Station.
The 54th floor, below where the “floating cube” section begins, will be a community space complete with a fitness center and workspaces. Within the cube itself will be residential floors.
The ground floor is set to include a cafe and bicycle parking, with a further 133 car parking spaces and over 300 bicycle spaces planned for underneath the tower.
Earthquake risk at the site is said to be “very low” according to a geotechnical investigation of the site by Rollo & Ridley.
The project documents estimate that, once the current office building at the site is demolished, construction would take 36 months to complete and cost at least $250 million.
But the project has a long way to go before that construction can begin — the plans still need to be approved by the Planning Commission, and after that, the developer can apply for permits.
