News & Research Archive

Pulse Of The Market (Pulse 115 - Transbay Terminal)

Jul 08, 2013

 

Have you been watching the Transbay Terminal take shape? The project started in 2010 with the demolition of the 1939 Mission Street bus terminal. It is scheduled for completion in 2017.

Thanks to the TJPA, I was able to tour the site in early June. Below is a view of the site under construction, looking west from the 20th floor of the Transbay Joint Powers Authority (TJPA) office at 201 Mission Street. The Millennium Tower is in the right foreground, and the Black Rock building at 400 Howard Street is mid-frame on the left.

Below is a close-up of the struts that span the site to keep the retaining walls in place.

Below is a rendering of the 5.4-acre that will sit atop the Terminal as well as a rendering of the adjacent Cesar Pelli office tower. When finished, this tower at 1,070 feet, will be the seventh tallest building in the U.S and 20 feet higher than New York’s Chrysler Building.

If you would like to see a stunning, virtual fly-over of the entire Transbay terminal development, click on the following link transbaycenter.org

The opening of ATT Park in March 2000 was probably the single most important catalyst in transforming the neighborhoods south of Market Street. Then came residential and commercial construction south of Mission Bay Creek. They now anchor the southern end of SOMA.

The opening of the Transbay Terminal with Pelli Tower, 17 years after ATT Park, is likely to have an even greater impact on the residential and commercial vibrancy of SOMA. It will become a distinctive anchor on the northern end of SOMA.

The Terminal brings 11 transportation systems together under one roof. As LEED Gold Certified, it incorporates green building strategies including solar shading, wind power and the use of natural light to conserve water and energy. It will reduce carbon dioxide emissions by more than 36,000 tons each year from the Caltrain extension alone.

Click on Transbay Terminal January 2010 to see an earlier Pulse on the Transbay Terminal.

Written by: Malcolm E.A. Kaufman

E-mail: mkaufman@pulsefactors.com


Starboard TCN is posting this article on its website and blog with Malcolm E.A. Kaufman's approval.

Malcolm E.A. Kaufman is Founder of PulseFactors™ LLC. He refers you to his website, pulsefactors.com, where you can see recent issues of Pulse of the Market© and learn more about him. He invites your comments, suggestions, and questions.

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