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LUMINA
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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]
Key Information
History
[edit]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]
Gallery
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Tower 1, South View in 2015 -
West View, 2015
See also
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References
[edit]- ^ "201 Folsom I". Emporis. Archived from the original on March 7, 2016.
- ^ "201 Folsom II". Emporis. Archived from the original on March 6, 2016.
- ^ "LUMINA". SkyscraperPage.
- ^ "LUMINA". SkyscraperPage.
- ^ a b "The Arquitectonica Redesigned 201 Folsom Street Rendering Scoop". SocketSite. February 8, 2012. Retrieved March 5, 2012.
- ^ a b "Tishman Speyer and China Vanke Join Forces to Develop Luxury Residential Tower". February 18, 2013. Retrieved June 11, 2013.
- ^ "Rundown of San Francisco's Projects! Under Construction, Approved, and Proposed..." SkyscraperPage. Archived from the original on August 7, 2007. Retrieved August 17, 2007.
- ^ a b c "Executive Summary: Conditional Use" (PDF). San Francisco Planning Department. October 18, 2012. Retrieved February 22, 2013.
- ^ "San Francisco Planning Commission Meeting Minutes". October 18, 2012. Retrieved February 22, 2013.
- ^ Jonas, Ilaina (February 18, 2013). "Tishman Speyer, China Vanke to build 2 California condo towers". Reuters. Retrieved June 19, 2013.
- ^ "Permits For Tishman's 201 Folsom Street Towers Project Issued". SocketSite. May 30, 2013. Retrieved June 19, 2013.
- ^ "Twin-Towered Folsom Street Development Is Underway". SocketSite. June 18, 2013. Retrieved June 19, 2013.
- ^ a b Fancher, Emily (June 26, 2013). "Tishman Speyer breaks ground on 201 Folsom St". San Francisco Business Times. Retrieved June 26, 2013.
- ^ Weinberg, Cory (June 4, 2015). "Tallest tower at luxury condo complex Lumina to start sales". San Francisco Business Times.
External links
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