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

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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. 2012-02-08. Retrieved 2012-03-05.
  6. 1 2 "Tishman Speyer and China Vanke Join Forces to Develop Luxury Residential Tower". 2013-02-18. Retrieved 2013-06-11.
  7. "Rundown of San Francisco's Projects! Under Construction, Approved, and Proposed..." SkyscraperPage. Archived from the original on 7 August 2007. Retrieved 2007-08-17.
  8. 1 2 3 "Executive Summary: Conditional Use" (PDF). San Francisco Planning Department. 2012-10-18. Retrieved 2013-02-22.
  9. "San Francisco Planning Commission Meeting Minutes". 2012-10-18. Retrieved 2013-02-22.
  10. Jonas, Ilaina (2013-02-18). "Tishman Speyer, China Vanke to build 2 California condo towers". Reuters. Retrieved 2013-06-19.
  11. "Permits For Tishman's 201 Folsom Street Towers Project Issued". SocketSite. 2013-05-30. Retrieved 2013-06-19.
  12. "Twin-Towered Folsom Street Development Is Underway". SocketSite. 2013-06-18. Retrieved 2013-06-19.
  13. 1 2 Fancher, Emily (2013-06-26). "Tishman Speyer breaks ground on 201 Folsom St". San Francisco Business Times. Retrieved 2013-06-26.
  14. Weinberg, Cory (June 4, 2015). "Tallest tower at luxury condo complex Lumina to start sales". San Francisco Business Times.