350 Mission Street

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350 Mission Street
Salesforce East 2021.jpg
The building in 2021
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Location within San Francisco
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350 Mission Street (California)
General information
StatusCompleted
TypeCommercial offices
Architectural style Modernism
Location350 Mission Street
San Francisco, California
Coordinates 37°47′27″N122°23′48″W / 37.7908°N 122.3966°W / 37.7908; -122.3966
Construction startedFebruary 2013 (2013-02)
Completed2015
CostUS$250 million
Height
Tip455 ft (139 m)
Roof424 ft (129 m)
Technical details
Floor count30
Floor area455,350 sq ft (42,000 m2) [1]
Design and construction
Architect(s) Skidmore, Owings and Merrill
DeveloperKilroy Realty Corporation
Structural engineer Skidmore, Owings and Merrill
Main contractor Webcor Builders
Other information
Parking60 car
64 bicycle
References
[2] [3] [4] [5] [6] [7] [8]

Salesforce East is a 30-story skyscraper in the South of Market district of San Francisco, California.

Contents

Location and architecture

350 Mission Street is located at the northeast corner of Fremont Street and Mission Street in a part of the South of Market district typically considered an extension of the Financial District. It is located near several other downtown skyscrapers, including the adjacent Blue Shield of California Building and 45 Fremont Street. Across Fremont Street to the west is Salesforce West, and across Mission Street to the east is Millennium Tower. To the south, at the opposite corner of the intersection is the site of the Transbay Tower. It is located a block from Market Street and a half block from the new Transbay Transit Center.

The building has attained LEED Platinum status. [9]

History

The first version of the project was initially proposed at 850 ft (259 m) with 1 million sq ft (93,000 m2) of office space, but the developer reduced the project height by 300 ft (91 m) and the floor area by over 600,000 sq ft (55,700 m2). [5] [10] This was because the first version of the project exceeded the local height limit by 300 ft (91 m). [5] [11]

The second version of the project was compliant with the local 550 ft (168 m) height restriction. [11] Even though the city of San Francisco released a zoning plan that allowed the tower to rise as high as 700 ft (213 m) on May 1, 2008, [12] the developer the reduced size of the project to 375 ft (114 m) about two months later. The third version stood significantly shorter than the proposed height limit because the developer stated that it was uneconomical to build any taller on a 19,000 sq ft (1,800 m2)-sized lot. [13] The square footage of the building increased slightly to 350,000 sq ft (33,000 m2), up from 340,000 sq ft (32,000 m2). [7]

In October 2012, GLL Development & Management sold the project to Kilroy Realty for US$52 million. [14] In December 2012, Salesforce.com agreed to lease the entirety of the proposed tower, and Kilroy sought to add an additional six stories to the proposed 24-story tower, increasing the office space to 420,000 square feet (39,000 m2). [6] [15] In February 2013, demolition started on the site's existing four-story building, formerly the home of Heald College. [16] On August 15, 2013, the S.F. Planning Commission officially approved the height increase to 30 stories. [17] Kilroy completed the project in 2015.[ citation needed ] [18]

In 2021, Internet company Yelp subleased 53,596 sq ft from Salesforce, as part of downsizing its offices and giving up its former headquarters at nearby 140 New Montgomery Street due to the rise of remote work in the COVID-19 pandemic. [19] In April 2023, Salesforce listed the remainder of its office space in the Salesforce East building for sublease as part of its ongoing downsizing efforts.

As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," the building had a vacancy rate of 21.1%. [20]

See also

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References

  1. ↑ "350 Mission". Kilroy Realty. Retrieved 28 December 2022.
  2. ↑ "350 Mission Street". CTBUH Skyscraper Center .
  3. ↑ "Emporis building ID 293218". Emporis . Archived from the original on September 13, 2017.{{cite web}}: CS1 maint: unfit URL (link)
  4. ↑ "350 Mission Street". SkyscraperPage .
  5. 1 2 3 Dineen, J.K. (2007-02-16). "New tower boosts S.F. office boom Projects hit 3M square feet". The San Francisco Business Times. Retrieved 2007-10-10.
  6. 1 2 "Executive Summary: DOWNTOWN PROJECT AUTHORIZATION OFFICE ALLOCATION" (PDF). San Francisco Planning Department. 2013-08-01. Retrieved 2013-08-10.
  7. 1 2 "350 Mission" (PDF). GLL Development & Management. p. 3. Archived from the original (PDF) on 2011-07-07. Retrieved 2008-10-19.
  8. ↑ Dineen, J.K. (February 25, 2011). "Webcor rebuilds business model". San Francisco Business Times. Retrieved February 8, 2014.
  9. ↑ "350 Mission Street Adaptable and Energy-Efficient 'Urban Living Room' | WSP". www.wsp.com. Retrieved 2022-12-28.
  10. ↑ "350 Mission Street". SkyscraperPage. Retrieved 2007-09-09.
  11. 1 2 "Downtown Proposed or Potential Projects Exceeding Current Height Limit Graphic - San Francisco Transbay Towers: >1000', >800', >800' - * vote for your favorite *: post 882". SkyscraperPage. Retrieved 2007-09-09.
  12. ↑ King, John (2008-05-01). "Transbay plan would sprout new S.F. skyline". The San Francisco Chronicle. Retrieved 2008-05-09.
  13. ↑ Dineen, J.K. (2008-07-11). "S.F. tower developer GLL goes to green extreme". The San Francisco Business Times. Retrieved 2008-10-19.
  14. ↑ Dineen, J.K. (2012-10-23). "Kilroy Realty buys development site at 350 Mission". The San Francisco Business Times. Retrieved 2013-01-05.
  15. ↑ Dineen, J.K. (2012-12-18). "Salesforce inks deal to occupy new San Francisco highrise". The San Francisco Business Times. Retrieved 2013-01-05.
  16. ↑ "Four Stories Are Falling At Mission And Fremont, Thirty Ready To Rise". SocketSite. February 11, 2013. Retrieved February 12, 2013.
  17. ↑ "Meeting Minutes: Thursday, August 15, 2013" (PDF). San Francisco Planning Commission. Retrieved November 2, 2013.
  18. ↑ "Salesforce.com Leases 100% of Kilroy Realty's Ground-Breaking San Francisco Glass and Concrete High Rise Development". Kilroy Realty Corporation. 2012-12-18. Retrieved 2013-01-05.
  19. ↑ Li, Roland (2021-11-05). "Former Yelp headquarters in attracts 6 new tenants as S.F. office market continues recovery". San Francisco Chronicle. Retrieved 2023-05-19.
  20. ↑ Li, Roland; Devulapalli, Sriharsha (2023-05-08). "Downtown S.F. has 18.4 million square feet of empty office space. We mapped every vacancy". San Francisco Chronicle. Retrieved 2023-05-19.
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