340 Fremont Street

340 Fremont Street is a 440-foot (130 m) residential skyscraper in the Rincon Hill neighborhood of San Francisco, California. The tower has 348 residential units on 40 floors.

340 Fremont Street
Location within San Francisco
340 Fremont Street (California)
340 Fremont Street (the United States)
Alternative names340-350 Fremont Street
General information
StatusComplete
TypeResidential apartments
Location340 Fremont Street
San Francisco, California
Coordinates37.78704°N 122.39296°W / 37.78704; -122.39296
Construction startedApril 2014
CompletedAugust 2016
CostUS$160 million
Height
Architectural440 ft (130 m)
Roof400 ft (120 m)
Technical details
Floor count40
Floor area290,000 sq ft (27,000 m2)
Design and construction
ArchitectHandel Architects
DeveloperEquity Residential
Main contractorSuffolk Construction Company
Other information
Number of units348
Parking269
References
[1][2][3][4]

History

As part of the Rincon Hill Plan adopted in August 2005, the parcels at 340 Fremont and 350 Fremont were up-zoned for a single 400-foot (120 m) residential tower.[3] Developed by Archstone Smith and Jackson Pacific Ventures, and initially designed by Heller Manus Architects, the development was approved for 332 residential units with 332 underground parking spaces by the San Francisco Planning Commission on June 15, 2006.[3][5]

Due to the United States housing market correction and the ensuing worldwide financial crisis, construction was delayed. During 2008 to 2013, a period of market recovery, the project received five consecutive 12-month extensions of its entitlements.[3] In 2012, the project was redesigned by Handel Architects, and the number of units was increased to 348, while the number of parking spaces was reduced to 269.[4][6]

In 2013, the project entitlements were acquired by Equity Residential,[7] with plans to break ground by the end of 2013.[8] In late 2013, demolition and construction permits were issued but a neighboring homeowner association appealed the permits. In February 2014, the appeal was denied, clearing the way for construction to begin.[9] Demolition of existing structures on the site began in March 2014.[10] Ceremonial groundbreaking took place on April 24, 2014.[11] The building was topped-out on October 22, 2015,[12] and residents began moving in mid-2016.[13]

Design

The project features 348 residential units, consisting of 91 studios, 119 one-bedrooms, and 138 two-bedrooms.[4] 269 parking spaces will be located on three underground levels, primarily in stackers. The building will have an 85-foot (26 m) podium, topped with an outdoor terrace. The tower reaches a roof height of 400 feet (120 m) with a 40-foot (12 m) mechanical penthouse, resulting in a total structural height of 440 feet (130 m).[4]

Previous structures on the site that were razed included a 3-story building at 340 Fremont Street, constructed in 1962, once occupied by the National Maritime Engineers Benefit Association, and 350 Fremont Street, constructed in 1952, which was previously occupied by the Seafarer's Union. To partially mitigate the loss of the "maritime labor historic context", the project will include a publicly accessible interpretive display in a midblock passage off Fremont Street.[14][15]

See also

References

  1. 340 Fremont Street at Emporis
  2. "340 Fremont Street". SkyscraperPage.
  3. "Executive Summary Determination of Compliance" (PDF). San Francisco Planning Commission. November 15, 2012. Retrieved November 9, 2013.
  4. "Memo to the Planning Commission" (PDF). November 15, 2012. Retrieved November 9, 2013.
  5. Dineen, J. K. (May 21, 2006). "Developer seeks partners for two approved Rincon Hill projects". San Francisco Business Times. Retrieved November 9, 2013.
  6. "Neighborhood Scoop: 340 Fremont's Refined Design And Parking". SocketSite. November 9, 2012. Retrieved November 9, 2013.
  7. Dineen, J. K. (January 18, 2013). "Zell back in San Francisco in a big way". San Francisco Business Times. Retrieved November 9, 2013.
  8. Dineen, J. K. (August 22, 2013). "Andy Ball's Suffolk bounces high in SF". San Francisco Business Times. Retrieved November 9, 2013.
  9. "Appeals Denied, Approved 400-Foot Rincon Hill Tower Cleared To Rise". SocketSite. February 20, 2014. Retrieved February 28, 2014.
  10. Conrad, Michael (April 7, 2014). "340 Fremont Demo Underway, Residential 'Scraper to Follow". CurbedSF. Retrieved April 7, 2014.
  11. Dolce, Natalie (April 24, 2014). "Equity Residential's 340 Fremont Moves Dirt". GlobeSt.com. Archived from the original on April 27, 2014. Retrieved April 26, 2014.
  12. "Equity Residential Celebrates 340 Fremont Topping Out" (Press release). The Registry. October 23, 2015.
  13. "Equity Residential Kicks Off Leasing at 340 Fremont Highrise Apartment Tower in San Francisco with More Than 100 Residences Pre-Leased". Equity Residential (Press release). The Registry. July 28, 2016.
  14. "Historic Preservation Commission Draft Resolution" (PDF). October 2, 2013. Retrieved November 9, 2013.
  15. "Plans To Honor Rincon Hill's Past For Its Future To Rise". SocketSite. October 1, 2013. Retrieved November 9, 2013.
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