SF Land Deal for Transbay Terminal Gets Record Price

San Francisco is enjoying an embarrassment of riches:


Wall Street is decimated, Main Street is angry and K Street is in an outright panic over the magnitude of thenation’s financial problems.  But San Francisco’s Mission Street is in a parallel universe setting an all time record land price for the right to build San Francisco’s newest signature tower—the 1,000 ft Transbay Transit Tower being built in conjunction with the new Transbay Transit Center (transbaycenter.org)


The price is said to be over $4,900 per square foot.  At that price, who needs more than 49 square miles of land?


See the below Hines release on the deal or visit the TJPA Web site http://transbaycenter.org/TransBay/content.aspx?id=1104 for additional information:.