555 Washington St. to be built next to The Transamerican Pyramid after all

Thu, May 7, 2009

555 Washington, Blog, Condominiums

555 Washington Renderings / View From Columbus

More renderings available at BarbaryNeighbors.org

Something that has been on the horizon for urban dwellers looking to get closer to the downtown/financial district – In charming Jackson Square.

From The Barbary Coast News:

The Draft Environmental Impact Report for the 555 Washington Street project was released in late March and is scheduled for hearing by the Planning Commission on May 7. The proposal is for a 390-foot residential tower to be built close to the iconic Transamerica Pyramid. The ultimate height would be 425 feet, including a 35-foot mechanical penthouse.
The site east of the Pyramid is presently zoned for 200 feet. As designed the project would require a Zoning Map change to a 400-S height and bulk district. The doubling of the allowed height is expected to engender the primary opposition to the complicated project.

The new Financial District high-rise would be constructed on the site of a nine story building at 545 Sansome Street, which would be demolished. Among other factors in the plan are providing about 248 residential units in about 331,640 square feet, 6,780 sq. ft. of retail space, and 230 subsurface parking spaces on four levels accessed from Washington Street….

Sounds pretty cool.  At the crossroads between North Beach, The Barbary Coast, and The Finincial District, one could have a lot of fun.  Nearby boutique building The Residences at Jackson Square was popular, but only for a select 13 homebuyers.  We’ll have to keep our eyes on this as it develops.

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