Our site has moved

We have MOVED to http://www.sfnewdevelopments.com

Lover of luxe brings lofty plan to S.F.

San Francisco Business Times – March 17, 2006

by J.K. Dineen

Don Peebles is finally getting a piece of SoMa.

The Miami-based luxury hotel and condo developer, who has been aggressively bidding on properties in San Francisco for a year, will pay $20 million for 250 Brannan St., the brick-and-timber former Gallo Salame meat plant most recently used for dot-com offices.

Peebles said he will invest another $30 million to convert the 104,000-square-foot office building into 54 ultra luxe Soho-style lofts and multilevel townhouses that he promises will "introduce a new standard for loft living in San Francisco and the Bay Area."

…

The 250 Brannan project will feature high ceilings — up to 32 feet in some units — floating staircases, private terraces, built-in cappuccino machines, wine cellars, gyms, screening rooms and darkrooms, he said. The two-level custom penthouse will have a "spectacular solarium" and will not be priced. The smallest units will start above $800,000 and the townhouses will be priced in the $3 million range, he said.

[more]

310 Townsend St

Pricing to be released June sometime.

Completion scheduled for Mid October.

All units with primary reservation at this point and 2/3rds to 80% have backup reservations.

Putting on the Ritz

New project’s pricey condos and ‘fractional’ units go quickly
San Francisco Business Times – March 10, 2006
by JK Dineen

The thirst for ritzy downtown condos in San Francisco appears to be insatiable.

Coming on the heels of the quickly sold-out St. Regis project, buyers are chomping at the bit for units in the Ritz-Carlton Club and Residences project at 690 Market St., a joint venture between the Ritz-Carlton and Alameda-based developer Jim Hunter.

In the first five days since the developers started accepting reservations for the 101 units in the old Chronicle Building, would-be Ritz-Carlton clubbers have plunked down 60 reservation deposits for a piece of the 1890 building, according to Robert van Dijk, the project’s director of sales and marketing. Of the 60, 18 are for condos, and 42 are for monthly slots at the project’s fractional ownership units. Owners of fractional units pay $200,000 to $300,000 for a one-twelfth, deeded interest.

All potential owners who have put money down on a private residence, have also reserved a fractional share, said van Dijk.

“They are looking at the fractional shares and saying, ‘this will be my guest house.’” said van Dijk. “These are individuals used to having a guest house.”

In order to reserve a condo, a prospective buyer must put down $100,000 for a one-bedroom, $150,000 for a two-bedroom, $200,000 for a three-bedroom, or $250,000 for a penthouse. The building’s four penthouses are already reserved, although reservations are refundable until May 20. At that time buyers will have to put down 10 percent for their units, which are expected to fetch between $1.1 million for a one-bedroom and upwards of $5 million for a penthouse.

[more]

188 King St

Units to start at $899k

Pricing will be set around April 1st. Move-in for early summer.

188 king is a boutique building across the street from AT&T Park with 16 foot ceilings and large windows. Floorplans from 900 sf to 2200 square feet.

Being Sold by San Francisco Marketing

Visit The Choey Group | sign up for the SF New Developments Newsletter!

Palms Second Release Expected This Week

www.thepalmssf.com

Second Sales Release is expected this week! Get on the list for the second release – Contact The Choey Group Now.

Visit The Choey Group | sign up for the SF New Developments Newsletter!

Radiance at Mission Bay

Got an update today – they are planning to start construction in March of 2006 with sales starting in the Fall of 2006.

The first phase will be 98 homes. Here are the preliminary floor plans and sizes.  Radiance will have 2 buildings totalling 414 units with 9-story mid-rise buildings and two-level townhomes, ranging in size from 850 to 2,175 square feet.
Type                                                                Size Range One Bedroom                                                  848 – 1,063 sq.ft.

One Bedroom & Den                                       1,093 – 1,119 sq.ft.
Two Bedroom                                                  1,075 – 1,793 sq.ft.
Two Bedroom & Den                                       1,348 – 1,812 sq.ft.
Townhomes                                                      1,821 – 2,173 sq.ft.     

Prices not released as of yet, but probably in the $700-750 psf price range. This could obviously change based on market conditions, amenities, etc.

Transbay Terminal Project Input Sought

Cecilia M. Vega Saturday, February 11, 2006 (SF Chronicle) 

Management of the $4 billion Transbay Terminal replacement project is being called into question by San Francisco officials, who said “uncertainty persists as to what is the best way to proceed” despite years of planning. Mayor Gavin Newsom and Supervisor Jake McGoldrick, who also is chairman of the San Francisco County Transportation Authority, said in a letter to the regional Transbay Joint Powers Authority this week that a separate group of city leaders, including the planning director and city administrator, has been appointed to come up with recommendations on how to proceed on the project.Issues such as funding plans and design objectives still need to be “fully understood” before any action should be taken on the project, the letter said.

The Transbay Terminal is one of the most costly development projects in San Francisco history. It calls for a new transit station with high-speed rail, Caltrain and bus connections, and a new neighborhood with housing, retail and offices. At 800 feet, it would change the city’s skyline.

Visit The Choey Group | sign up for the SF New Developments Newsletter!

 

 

Bosa Development’s Upcoming Radiance at Mission Bay

Situated in Mission Bay – 414 luxury condos in two 16-story towers! Bosa Development has had many successful projects including several in San Diego’s revitalized downtown (pictured below).

The Watermark

Chronicle photo by Eric Luse
A 22-story residence promises to redefine high-rise luxury living. 136 units in this ultra-modern building designed by architects MRY, Kwan Hemni, and Fisher Friedman includes a spa, a heated lap pool and a 10,000 sqaure foot outdoor deck. 500 feet from the Bay, the views promise to be spectacular from the city and bridge to the Bay. Granite countertops and Bosch appliances, one-bedrooms start from the high $600’s.