LUMINA

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LUMINA
Lumina from Salesforce Park.jpg
View from Salesforce Park in 2021
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Location within San Francisco
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LUMINA (California)
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LUMINA (the United States)
Alternative names201 Folsom Street
General information
StatusCompleted
TypeResidential condominiums
Architectural style Modernism
Location201 Folsom Street
San Francisco, California
Coordinates 37°47′19″N122°23′31″W / 37.7887°N 122.3919°W / 37.7887; -122.3919
Construction started2013
Completed2015–16
CostUS$620 million
Owner China Vanke
Tishman Speyer
Height
RoofTower I: 400 ft (120 m)
Tower II: 350 ft (110 m)
Technical details
Floor countTower I: 42
Tower II: 37
Design and construction
Architect(s) Arquitectonica Heller Manus Architects
Developer Tishman Speyer
Structural engineer Magnusson Klemencic Associates
Main contractor Lendlease
Other information
Number of units655
References
[1] [2] [3] [4] [5] [6]

LUMINA, also known as 201 Folsom Street, is a 655-unit residential condominium project in the Rincon Hill neighborhood of San Francisco. Developed by Tishman Speyer, it is located one block to the southwest of its sister project, The Infinity. [7]

Contents

History

The project was originally approved in September 2003 concurrently with its sister project, The Infinity. [8] Tishman Speyer developed The Infinity first, completing it in 2009. Meanwhile, 201 Folsom Street was left unbuilt, and with its permits set to expire, Tishman Speyer was granted a three-year extension in 2009. After being redesigned by Arquitectonica, another 12-month extension was granted in 2012. [5] [9]

In February 2013, Tishman Speyer announced that it had formed a joint venture with China Vanke to develop 201 Folsom Street. [6] According to Reuters, China Vanke agreed to contribute $175 million for a 70% stake, and Tishman Speyer $75 million for a 30% stake. The remainder of the project's $620 million cost was to be financed with debt. [10] Tishman Speyer received its building permits in May 2013 [11] and construction commenced in June. [12]

201 Folsom I, located at the corner of Folsom and Beale, stands 400 feet (120 m) and 42 stories tall. [8] 201 Folsom II, located along Main Street, stands 350 feet (110 m) and 37 stories tall. [8] Ceremonial groundbreaking took place on June 26, 2013, and the project was named LUMINA. [13] Construction was expected to take about 23 months. [13] Residents began moving into the complex in August 2015. [14]

See also

References

  1. "201 Folsom I". Emporis . Archived from the original on March 7, 2016.
  2. "201 Folsom II". Emporis . Archived from the original on March 6, 2016.
  3. "LUMINA". SkyscraperPage .
  4. "LUMINA". SkyscraperPage .
  5. 1 2 "The Arquitectonica Redesigned 201 Folsom Street Rendering Scoop". SocketSite. February 8, 2012. Retrieved March 5, 2012.
  6. 1 2 "Tishman Speyer and China Vanke Join Forces to Develop Luxury Residential Tower". February 18, 2013. Retrieved June 11, 2013.
  7. "Rundown of San Francisco's Projects! Under Construction, Approved, and Proposed..." SkyscraperPage. Archived from the original on August 7, 2007. Retrieved August 17, 2007.
  8. 1 2 3 "Executive Summary: Conditional Use" (PDF). San Francisco Planning Department. October 18, 2012. Retrieved February 22, 2013.
  9. "San Francisco Planning Commission Meeting Minutes". October 18, 2012. Retrieved February 22, 2013.
  10. Jonas, Ilaina (February 18, 2013). "Tishman Speyer, China Vanke to build 2 California condo towers". Reuters. Retrieved June 19, 2013.
  11. "Permits For Tishman's 201 Folsom Street Towers Project Issued". SocketSite. May 30, 2013. Retrieved June 19, 2013.
  12. "Twin-Towered Folsom Street Development Is Underway". SocketSite. June 18, 2013. Retrieved June 19, 2013.
  13. 1 2 Fancher, Emily (June 26, 2013). "Tishman Speyer breaks ground on 201 Folsom St". San Francisco Business Times. Retrieved June 26, 2013.
  14. Weinberg, Cory (June 4, 2015). "Tallest tower at luxury condo complex Lumina to start sales". San Francisco Business Times.