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New York

Tishman Speyer plans $540M residential project in San Francisco

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Tishman Speyer is proposing a high-rise residential development in San Francisco’s SoMa neighborhood. The $540 million project would eventually host 907 residential units in two 400-foot towers designed by Bjarke Ingels Group. The proposed construction would build more than 1 million square feet, with 26,000 square feet of retail space and 94,000 square feet of below ground parking. The proposal does not include affordable housing, but Tishman plans to meet its affordable housing requirements at nearby developments. [Bisnow]