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Tuesday, November 20, 2012

Land For Giant Tower Sets San Francisco Land Value Record

According to Zennie62.com, the San Francisco TransBay Terminal Center set a record for a land sale in the City By The Bay.

On Monday, the Transbay Joint Powers Authority (TJPA) Board of Directors finalized the agreement to sell TJPA property to Hines Corporation, paving the way for construction of the landmark Transbay Transit Tower. The State of California donated the Tower site to the TJPA for construction of the 61-story Tower, which will contain 1.4 million square feet of office space and serve as a beacon for the City’s Transit hub in the heart of downtown San Francisco. For the rest, visit this link: Transbay Transit Tower Sets San Francisco Land Value Record

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