Posts Tagged ‘luxury condominiums’

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Building Profile : The Four Seasons

February 17, 2009

Welcome back to our new series, Building Profiles.  Last time we took a good look at one of San Francisco’s older condo buildings, The Bellaire Tower.  This time, we’re taking things into the 21st Century.  As a matter of fact, this building was the first skyscraper to be completed in the 21st Century in San Francisco.

Part 5-star hotel, part luxury residences, the Four Seasons of San Francisco is a magnificent complex located at 757 Market between 3rd and 4th Streets.  You can access the hotel from Stevenson Street, a small alleyway off of 3rd.

The Four Seasons San Francisco (courtesy of website)

The Four Seasons San Francisco (courtesy of company website)

Stats and Scoops:

  • The luxury condominiums within the building have an address of 765 Market Street
  • Neighborhood:  South of Market (SoMa) or Financial District South
  • Year Built:  2001
  • Style:  Modern
  • Height:  398 feet, 121 meters
  • Layout:  419 hotel and condo units on 40 floors.  277 units are hotel rooms, 142 are luxury condominiums.
  • Property Type:  Mixed Use – Hotel, retail, and residential condominium
  • Architects:  Del Campo & Maru Architects, Handel Architects
  • Other Notable Projects:  Handel designed the new condos on Folsom, BLU, the new massive condo tower Millennium, and the Hokua condo tower in Honolulu.
  • Non-linear viscous dampers limit wind impact (Emporis.com)
  • The Four Seasons is the 44th tallest building in San Francisco.
  • The Four Seasons is 1 meter taller than the Westin St. Francis at Union Square (the highrise, not the historic building).
  • It would take 2.14 Four Seasons buildings stacked on top of each other to equal the height of the Transamerica Pyramid.
  • The Four Seasons (121 meters) is nearly twice as tall as Coit Tower (64 meters).
  • 555 California Street (237 meters) is nearly twice as tall as the Four Seasons.
  • If the Four Seasons were moved to Chicago, it would be the 178th tallest building.  In New York, it would rank #372.
  • The Woolworth Building in NYC is twice as tall as the Four Seasons.

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Take 15% off and call me in the morning…

January 31, 2009

That’s just what the Doctor ordered for San Francisco’s newest (and tallest) luxury condo high rise, The Millennium.  Sales haven’t exactly been soaring since the sales center opened in June 2008.  The timing of the project is partially to blame, as the economy decidedly got worse as the building was being constructed.  This was an unfortunate turn of events for the developer, but they persisted anyway.  The other challenge is that the units in the building ain’t cheap.  Think $1,000 to $2,500 per square foot, depending on what floor you’re on.  The luxury market is a small one, and catering to this crowd is quite the challenge.

So how could the sales team spice things up a bit?  Last week they slashed prices across the board, fifteen percent.  Since the price cut, seven units have gone into contract including one of the two penthouses on the 59th floor.  We’ve taken pictures of the views from up there, so if you’d like to check it out you can click HERE.  The developer also honored the 15% discount to all those currently in contract.  We think this is a classy move, considering deposits on the units are non-refundable.

To read the full article about the Millennium Tower’s recent success, click HERE.  It was published in the San Francisco Business Times.

The Millennium Tower is San Francisco's tallest residential highrise and the 4th tallest building in the City.

The Millennium Tower is San Francisco's tallest residential highrise and the 4th tallest building in the City at 645 feet.

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