Source: San Francisco Business Journal
Author: Kystal Peak
Alexandria Real Estate Equities has submitted plans to transform the collection of warehouses and parking lots on the 500 block of Townsend St into 258,000 square feet of office space.
The new building would reach seven stories on Townsend Street and five stories along Harriet Street. This plan would presumably place the building right up against the I-280 freeway. However, in the proposal, the Planning Department notes that the freeway may eventually come down and be replaced by public space, according to SF Curbed. Alexandria planners were told to consider incorporating these hopes into their design in case it becomes a reality.
As SoMa continues to evolve in the latest tech and real estate boom, dozens of projects are changing the once very industrial landscape near the freeway.