Project Description: Project Management
This 125,000 SF office building was originally acquired with a 49,000 office renovation in mind. However the market changed and we recommended converting to luxury residential. We never looked back. The partnership with Marriott/Ritz ultimately brought the first fractional ownership product to San Francisco, the second urban fractional project worldwide.
The brick building’s façade was hidden beneath a 1962 metal “slip cover” making the renovation – which added 12 floors and doubled the building size – even more dramatic. Virtually every element of the building was renovated, refurbished, or entirely new construction. We secured unique financing for the project as well as a joint venture with Marriott. We obtained entitlements and secured air space and access agreements from neighbors.