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The jury is in on the Transbay Terminal

Yet another reason I HIGHLY recommend you subscribe to the San Francisco Business Times or at least periodically check their site. The jury is in on the Transbay Terminal:

The jury charged with ranking three proposals for San Francisco’s tallest building and the new Transbay Terminal has picked the team of developer Hines and architect Pelli Clarke Pelli as its recommendation. The Pelli/Hines team beat out Forest City and architect Sir Richard Rogers, which was ranked second, and Rockefeller Group and Skidmore Merrill Owings, which landed in the third spot. The Hines/Pelli proposal includes an understated, 82-story, oblisk-shaped tower with a 5.5-acre CityPark above the terminal bus parking. At a recent Chamber of Commerce presentation of the three plans, Hines Executive Vice President Paul Paradis called the proposal “a real project.” “If we were to be selected we could go ahead and build this,” said Paradis. The full jury report was expected to be posted on the Transbay Joint Powers Authority web site this afternoon. The jury’s recommendation is subject to the approval of the TJPA board.–sf business times email alert

The winning Transbay terminal proposal by developer Hines and architect Pelli Clarke Pelli offered $350 million for the tower property, more than twice what the other two teams were willing to pay, according to the nine-person jury appointed by the Transbay Joint Powers Authority.–sf business times article by J.K. Dineen

Jury Picks Hines for Transbay Tower [San Francisco Business Times-J.K.Dineen]

transbaycenter.org [website]

Proposals [transbaycenter.org]

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