LENDLEASE GROUP (San Francisco, California)
Lend Lease, one of the world's largest development, property, infrastructure and construction management firms recently began construction on 41 Tehama, a new 389,000 square foot luxury multi-family complex in San Francisco's South of Market (SoMA) neighborhood for Hines, in partnership with Invesco Real Estate.
Designed by Arquitectonica, 41 Tehama will include 403 luxury urban style residences in a 37-story building, and will feature a best-in-class amenity package, along with four penthouse suites. Amenities include a boulder rock wall, fitness center, spa and a rooftop made for entertaining, featuring barbeques and bocce ball courts. The Project features ground level retail space, totaling 1,800 square feet, which has been specifically designed to open out unto the proposed Oscar Park. 41 Tehama's all-glass design is a strong bold statement, one that will be the first thing people see as they exit the Bay Bridge.
Excavation to 55-feet began June 3, 2015, clearing one million cubic feet of contaminated soil off-site. The development is bound on three sides by the Fremont Street Bay Bridge exit, the new Transbay Transit Center bus overpass and an existing mixed-use brick building. Lend Lease is utilizing an internally-braced shoring system instead of tie-backs. Construction is scheduled for completion in late 2017. The building is designed to achieve LEED Silver Certification upon project completion.
'We are very excited to have started construction of this highly needed project for the San Francisco community,' said Bruce Berardi, General Manager. 'We value our relationship with Hines both locally and nationally and look forward to assisting them with their first multi-family project in San Francisco.'
Since 2000, in the Americas Lend Lease has constructed approximately 183 high rise projects valued at over $22 billion representing over 103 million square feet and over 6,000 floors. Currently, Lend Lease is managing 33 high-rise towers in the largest metropolitan areas in the United States and Mexico.
About Lend Lease:
Lend Lease is a leading international property and infrastructure group. Listed on the Australian Securities Exchange and with circa 13,200 employees worldwide, the firm's capabilities span the property and infrastructure spectrum.
The Americas region, headquartered in New York, offers development, project management & construction, public partnerships, development, asset and property management. Our expertise covers multiple sectors including arts & culture, commercial office, education, government, healthcare, hotels & resorts, industrial, military housing communities, mixed-use, multi-site, pharmaceutical, senior living, solar, transportation and aviation. We are committed to operating property solutions while forging partnerships and delivering maximum benefits to clients, investors and communities. Lend Lease is committed to operating Incident & Injury Free wherever we have a presence.
For additional information, contact:
Amber Gurney
Marketing Manager
415.995.4872
Amber.gurney@lendlease.com
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