Lendlease – 30 Van Ness Residential Tower – California - Project Profile
"Lendlease – 30 Van Ness Residential Tower – California - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Lendlease Group (Lendlease) is planning to build a residential tower in San Francisco, California, the US.
The project involves the construction of a 49-story residential tower comprising 562 residential units. It includes the addition of two stories to the existing five-story San Francisco City office building; 4,645m2 space to a new 20,679m2 six-story office space; 111m2 ground floor retail space to a new total of 1,384m2 facility and 75 parking spaces for a new total of 117 spaces; and the construction of other related facilities.
Newmark Cornish & Carey has been appointed as marketing consultant.
In September 2016, the City & County of San Francisco placed the construction site for sale.
In March 2017, Lendlease bought the property from the city for US$70 million through a resolution passed by the Board of Supervisors that ensures the city can lease back its current space in the building for three years at US$4.5 million/year.
On June 20, 2017, the preliminary project assessment application was filed by Lendlease.
Planning activities are underway.
The project involves the construction of a 49-story residential tower comprising 562 residential units in San Francisco, California, the US.
The US$450 million project includes the following:
1. Construction of 4,645m2 six-story office space
2. Construction of 1,384m2 retail space
3. Construction of 117 parking facilities
4. Construction of other related facilities
5. Addition of two stories to the existing five-story San Francisco City office building
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