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:.

1-Maria Ayerdi Has Pelli Clarke Pelli Design For SF Transit Center

Maria Ayerdi Has Pelli Clarke Pelli Design For SF Transit Center

Maria Ayerdi on Flickr

I have to admit I liked the Skidmore Owings and Merrill design, even if their architectural renderings imply they forgot Black folks existed. But the Pelli design focused on a "green" theme and addressed several pressing flow issues that the others did not. Now, Transbay Terminal Joint Powers Authority Executive Director Maria Ayerdi has Pelli Clarke Pelli to work with.

What will we get in San Francisco? This video series holds a clue:

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Overall the design is breath-taking. Let's see how much of this design remains as the process of building the structure in a weak economy commences.

Maria Ayerdi Is The Face Behind The New SF Transbay Terminal

Remember the San Francisco Transbay Terminal Design Competition video I created? Well, the executive director of the effort is none other than Maria Averdi. You can read more about her here.