Transbay Block 8
The future tower will be a mix of rental and condominium housing, with approximately 740 units, and 27 percent of the housing offered must be affordable to households making 60 percent of area media income. The terms set out in the city’s Request for Proposal (RFP) required developers to partner with a nonprofit for the below market rate housing, and Related California has partnered with Tenderloin Neighborhood Development Corp. There will also be street-level retail space in the building, which will sit just two blocks south of the future Transbay Transit Center. Money received by the city in the deal for Transbay Block 8 will be put toward the construction of the transit center. The Koolhaas tower will sit between two other new residential developments: 556 units on one side at Blocks 6/7 and 570 units at Block 9 on the other side. In addition to the main tower, Block 8 is set to include a 50-foot residential townhouse development, open space and an underground parking garage. Koolhaas’ firm OMA will be the primary architect on the project, handling the tower and master plan, while the secondary architect is local firm Fougeron Architecture, which will create the podium and mid-rise buildings on the site.
Wholes Foods Coming: The developer has received a letter of interest from Whole Foods to work with the developer to build out a 20,000 square foot grocery retail space in the basement of the 550 foot tower. Similarities can be taken from the Time Warner Center at Columbus Circle near Central Park in New York City.