June 24, 2019 Comments Off on Tishman Speyer Receives Approval on 960-Unit Central SoMa Tower Views: 288 Bay Area, California News

Tishman Speyer Receives Approval on 960-Unit Central SoMa Tower

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The San Francisco City Planning Commission approved Tishman Speyer’s proposed 960-unit SoMa residential tower. The two 400-foot-tall towers at 655 4th St. are planned to include a 38-room hotel on top of the more than one million square feet of residential units.

The mix of units includes studios, lofts and one and 2-bedroom apartments. The project also would offer more than 20,000 square feet of office space, 18,000 square feet of retail on the ground floor, and additional space for retail and Privately Owned Public Open Spaces (POPOS), which would encompass landscape plazas and mid-block alleys.

Tishman Speyer initially proposed a commercial development in 2017, but based on community input adjusted its plan to residential. The project falls under the new Central SoMa Plan, which was approved by the San Francisco Board of Supervisors in December but has since been tangled up in lawsuits. Until resolved, it could impact start of development.

*Pictured Tishman Speyer’s Lumina

Read more at San Francisco Business Times

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