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.

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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

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170 Off Third Sales

Sales for 170 Off Third (actually on King right across from AT&T Park) is rumored to be in April – May.

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Watermark Update!

The latest is there are approx 50% of 136 condos sold. They are currently sold out of some one bedroom and three bedroom floor plans but here is the latest pricing:

One Bedrooms

• 759 sf -> $675-$815k

Two Bedrooms

• 1019 sf-1259 sf -> $900-$1.6M

Three Bedrooms

• 1362-2055 sf -> $1.65-3.3M

The prices vary wildly because of view and floor you want to be on.

Go to www.sfwatermark.com

Contact Mark for more information.

69 Clementina

18 luxury units in this boutique condo building near 2nd and Folsom. One side of the building borders the Fremont exit off of the Bay Bridge. Overall, the building is very well done with high-end finishes (Bosch, etc. – NOT GE Profile), high ceilings, and functional layouts. Bathrooms are also well constructed with dark grey tile flooring and Kohler fixtures. Not all units will have parking and that might be a problem because street parking isn’t that plentiful. Additionally, this building is right next to the Fremont exit off the Bay Bridge heading into the city and therefore next to a highway overpass which can be quite dark and unattractive at night. If you can figure out the parking situation, this unique building can be a good place to live for the right person.
Being marketed by the Polaris Group, the pricing is as follows:

• Jr 1BR’s (~500 sf) in the low to mid $400’s
• 1 BR’s (~700 sf) in the mid $500’s
• 2 BR’s (~1000 sf) from low $700’s to high $800’s some with great downtown views
• There are 2 Two-level Penthouse 2/2.5 Bath in the low $1M (~1200 sf)
• There are 2 Two-level PH 1 Bed units for $749k and $799k

All units have private decks whose size varies by unit.

Monthly HOA:

• $307 for Jr 1BR’s
• $335-$343 for 1 BR’s
• $398-$431 for 2 BR’s
• $370-$438 for Two Level PH’s

Here’s the website -> www.69clementina.com

Watermark Lofts Available

To be honest, I didn’t know The Watermark offers loft living condos in their swank new building on the Embarcadero in South Beach.

But here we are directly from the sales office…

4P – An approximately 655 square foot one bedroom, one bath home.
4Q – An approximately 843 square foot one bedroom, one-and-a-half bath home.
1R – An approximately 831 square foot one bedroom, one bath home.

Loft homes at Watermark offer floor-to-ceiling glass windows, premium fixtures by Cifial, Duravit and Kohler and a range of amenities that include a state-of-the-art fitness center complete with Pilates equipment, a heated pool and spa with spectacular bay and bridge views and concierge service.

Loft homes are priced from $575,000.

170 Off Third

The new development called “170 Off Third” is making progress and is scheduled to open in Summer of 2006. Visit the website here http://www.170offthird.com/

ON THE WATERFRONTA high-rise luxury condo in South Beach draws eager, affluent buyers

from the San Francisco Chronicle

The numbers say a lot. When an e-mail letting potential home buyers know a deluxe high-rise was being built in San Francisco’s South Beach neighborhood 5,000 responses streamed in over the course of a weekend.

Now, as the 136-unit Watermark nears completion, interest remains feverish. Of the first 36 units released for sale, only a handful are left after just five weeks on the market.

Sales agents say the well-heeled buyers are empty nesters and upscale downsizers moving back into the city. Some are parents buying a unit as an investment and a place for their kids to live while in college. Whatever happened to dorm rooms?

Located at the intersection of Beale and Bryant streets in South Beach, this 22-story opalescent glass structure is striking in both its appearance and its location.

Overlooking waterfront property set aside for the James R. Herman International Cruise Terminal and the Bryant Street Pier, it boasts a reach-out-and-touch-it view of the Bay Bridge and is a jaunty stroll from the Ferry Building and SBC Park.

The Waterfront condos are part of a $400 million mixed-use project featuring the 100,00 square-foot cruise terminal on Piers 30-32, which will include two berths for ships ranging from 850 to 1,000 feet in length.

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Great Map of Residential Development in SF 2005

published by the San Francisco Business Times, this is just such a great illustration of the development (mostly residential) currently happening and planned for Downtown, SOMA, Rincon Hill, and Mission Bay

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.