This gorgeous and rare Clocktower gem at 461 Second Street is our newest listing at theFrontSteps. Unit T660 features a spacious floorplan, hardwood flooring, soaring ceilings, and industrial-inspired, modern interiors. Peer out the floor-to-ceiling windows for a view of AT&T Park, Potrero Hill and the beautiful, blue bay.
I would imagine there are a couple hundred thousand people every day driving to and from San Francisco on the Bay Bridge that think, “I wonder what the view is like from up there.” Well…I was just up on the 50th floor of Tower One at One Rincon Hill (425 1st St), snapped this panorama, and thought I’d share.
For a little bit more information about this building, have a look at the posts I did ages ago before the tower even had walls…and of course there are units for sale, which I can assist you with too.
A Look At Some New Developments Popping Up Around Town
San Francisco median home sales prices have increased dramatically since 2012. Beginning from a low-$600k with an average price per sqft of mid-$500, and then accelerating in the first half of 2013 close to $800k with an average price of mid-$600 per sq ft, to almost $1M mediam home sales price and $800+ per sq ft currently. To say San Francisco and the Bay Area are in the midst of a very dramatic recovery would be considered a very large understatement.
Thankfully, new development is soaring once again, generally in the form of large new condo projects (many of which have already sold out), so if you’re deciding whether to buy a new condo, and paying $1000+ per sq ft for brand new everything, here is a list of the hot new developments that are changing various districts of San Francisco.
The highly anticipated Amero, in Cow Hollow, has 27 Units. Sadly, they’re all sold out before construction completes in Q4 of this year.
But there are other developments which still have available units:
In the Mission district, Vida has 114 Units, and opened earlier this year, with about 25% sold. Featuring 1 to 2-bedroom units, up to 1,138 sq ft.
Also in the Mission, Fifteen Fifteen is a 32-unit building that might have one or two units left. Features studio to 2-bedroom, up to 1,100 sq ft.
Toward Mission Dolores neighborhood, there is 35 Dolores, a 33-unit building with an estimated opening in Q3:
Located in the vibrant Hayes Valley, 8 Octavia features hi-tech ammenities including Nest for temperature control, building is wired with high speed internet, and remote doorman service. This is one of the few buildings that has multi-floor penthouses with trendy concrete ceilings. 1 to 3-bedroom penthouse, totaling 40 units. Estimated Opening: Q4
Last time I visited they had only a couple units left, so don’t delay.
In Pacific Heights, 39 Units (12 sold). With Estimated Opening in Q4 this year, this building offers junior 1 bedroom to 2 bedroom, up to 1,877 sq ft.
A few blocks south, we have 1450 Franklin, a 67-unit building with estimated opening in Q4:
The major developments are all in District 9, which includes Potrero Hill, SOMA, Mission Bay, and Dogpatch.
Located in the sunny Potrero Hill, Onyx is just steps from an array of cafes, restaurants, galleries, and nightlife. Opened in Spring this year, it is almost sold out. 1 to 2-bedroom, totaling 20 units.
Arden by BOSA
Built by the developer behind the Madrone and Radiance, Arden is a luxury Condominium by Mission Creek. Some of its perks are the stylish interior design, minutes from the Mission Creek Park, dog park, and downtown. 1 to 3-bedroom, up to 2,300 sq ft. Total units: 263, and already 100 sold
Lumina and Park 181
Built by the developer behind the highly successful and iconic Infinity, Lumina (656 units) is one of the new constructions that will be changing SOMA along with Park 181, which is designed by famed architect Heller Manus, the same architect behind Infinity.
Park 181 (67 units) is an ultra luxurious new development that offers great views, as well as many luxury amenities. They are both located right by the new Transbay Terminal and minutes from the Ferry building. 1 to 3-bedroom. Estimated Opening: Q3-Q4
Adjacent to the historic Condominium conversion at 88 Townsend, 72 Townsend is coming in 2015 and features 1 to 3-bedroom, up to 2,800 sq ft, totaling 74 units. 1:1 parking ratio.
Located in SOMA, Coming in Q4.
In the already up-and-came Dogpatch, Millwheel North is a two-building condominium project connected via a shared landscaped courtyard. Located across from Progress Park, its perks include proximity to Caltrain and everything that Dogpatch has to offer, including the Pier 70 redevelopment that is scheduled to kick off this summer. 1 to 3-bedrooms, up to 1,710 sq ft, totaling 39 Units. Estimated opening in Q3
That ought to get you started and help you zero in on some of the new developments popping up around town. But these things sell fast (so fast, that our numbers might already be off), so it’s best to have someone on your side. Give us a shout and we’ll get you dialed. If you, or anybody you know, has interest in any of these units, contact us for pricing, more details, and to get you in the door. (Developers and sales offices hold these details close to their chest.)
I have just signed up a listing at 88 King Street (The Towers at Embarcadero South), unit 106 here in San Francisco, California. If you’re not familiar with the city, or you happen to be a San Francisco Giants fan, this location doesn’t get much better. It is smack dab in the heart of all the recent action happening in and near the Embarcadero, AT&T Park, SOMA, South Beach, and so much more. You can walk to tons of great restaurants and shops, job opportunities in the immediate vicinity have never been better, the sun shines more in this neighborhood than most other in San Francisco, and this building is one of a few in the city that has a pool to enjoy it!
The unit itself is loft style, 1293 square feet, updated (modern) kitchen, partial wood floors, two bedrooms, two baths (both updated), bonus room perfect for office or extra storage, street entrance with southeast facing patio, BBQ Area, Club Room, Exercise Course, Gym, Roof Deck, Sauna, Spa/Hot Tub, and so much more. It is truly a unique property in arguably one of the city’s best locations.
It is not yet “officially” listed on the market, it is currently a pocket listing, but can be shown by appointment, and is very much available for purchase right now. Price is set at $849,000. HOA dues are $812.14/month, and include: High Speed Wireless Internet, 24 Hour Doorman, Garbage, Grounds Maintenance, Homeowners Insurance, Outside Management, Security Service, Water, BBQ Area, Club Room, Exercise Course, Gym, Roof Deck, Sauna, Spa/Hot Tub use. Interior pictures coming soon.
It’s an awesome unit, in an A+ location, and definitely worth a look.
Last night the San Francisco Giants clinched the World Series Title and they did it with authority, routing the Texas Rangers four games to one, in the best of seven series. What made it all the more sweet was continually seeing George W. lean over to his wife and ask her just exactly what was going on. You know she said the same thing to him as she did during his entire presidency, “Honey, we’re getting our asses kicked.” That was sweet. But what about San Francisco?
As expected, the city erupted. Fans and non-fans came out on the streets to partake in the celebration, which (did you have any doubt) quickly escalated into borderline rioting. There were reports of cars being set on fire, overturned, and vandalized. Multiple neighborhoods in the city saw streets blocked and “block parties” erupt. Valencia Street in the Mission was shut down, Chestnut Street in the Marina blocked, 9th & Irving in the Inner Sunset stopped, Market Street downtown packed, King and 2nd/3rd Streets in SOMA/Southbeach flooded, and those are just the areas we saw pictures of on our Facebook page.
As soon as the game was over sirens were blaring on firetrucks and police cars, “bombs” (read: very large fireworks of the M-80 variety) were going off, fireworks shot into the sky, and countless numbers of people driving and honking, and hanging out their windows and sunroofs were waving flags and screaming, “GIANTS!” as they raced through the San Francisco streets in celebration. Surely, many people are waking up today and wondering what hit them, and many more are wondering what is all the fuss…”they’re not ‘World’ Champs after all.”
Phew! It was awesome, it is awesome, but it’s that time. Put your Halloween costumes away (you had an extra day to wear it, you expect two?), go check out the parade tomorrow, high five everyone you know, kiss a stranger, show your support, bask in the glory, but for chrissakes….put your head back on straight will ya! You gotta work, and Brian Wilson called…he wants his f*cking beard back!
Coming on the heels of our recent jaunt down to The Infinity, there were a couple questions that needed some clarification. Let’s get through those first, and then we’ll share our experiences of the much-hyped Tower II.
What’s the price on those lovely midrise units? Are they willing to deal and if so, how much? Looking at deals for a 1 bed.
The answer: The mid-rise pricing for 1 bedrooms starts at $699,000. There are two studios, which are priced at $599,000 and $600,000. These are the last studios remaining. The sales office is happy to present any (reasonable) offer to the developer (so contact us).
From “Romeo Espedido”:
“Does tower 2 (T2) have the same floor plans as tower one (T1). Number of units per floor? Tower 2 looks skinnier than T1. Thanks.
The answer: Tower 2 does have the same floorplans and the square footages are pretty much the same as T1. Exact # of units per floor varies. Tower 1 is adjacent to the mid-rise building versus T2, which is more stand alone–as a result it may look skinnier than T1, but it is not. Also, as a result of the design of T2, they have several different floorplans in the lower floors including a 1 bedroom corner plan and several smaller 1-bedroom plans that start from $535,000.
From various readers around the blogosphere:
Are they going to forego selling the units and instead go the rental route?
Questions answered, now the pictures from the 27th Floor of T2:
Looking West from the balcony, T1 in the foreground, Millennium Tower in the distance, and ground breaking on temporary Transbay Terminal below:
Looking NW from the kitchen:
Looking NE from the living room, thats the Bay Bridge folks, and Treasure Island:
Apparently, theFrontSteps carries some weight, as we were privileged enough to go to many other floors than the 27th (like the penthouses), but we swore to keep the camera in the pocket and details zipped behind our lips (except the ~$7M price tag for one of those penthouses we’d gladly mix you a margarita in).
Needless to say, the views from Tower II on the North side of the building are hard to beat, and of course those are the units we were shown. Get on the south and you’ll definitely have some peeps looking in your windows, but that’s part of the fun, right. ;-) The details and finishes in the building are nice and clean, the floorplans work quite well, and the Infinity’s amenities (included in the HOA) are truly remarkable. The building is still very much in demand, and the place was buzzing with activity (yes, some contracts have already been written for Tower II). The pool area is great, the fitness room is huge (and was totally empty when we were there during business hours), and location is top-notch. So, if we had all the money in the world and could buy one unit at the Infinity, it would have to be one of the penthouses on the North East side of the building in Tower II, because we got beat out by another buyer on the second penthouse at The Millennium Tower. Damn!
As for pricing at The Infinity:
1 bedrooms from the mid $500,000s, square footage 700-1020
2 bedrooms from the high $700,000s, square footage 1160-1600
3 bedrooms from the high $900,000s, square footage 1630-1740
We have the deets, so don’t be shy getting in touch if you’d like a tour, or if you have any further questions. As always, thanks for hanging out on theFrontSteps, and happy housing!