LUMINA

From Wikipedia, the free encyclopedia
Jump to: navigation, search
LUMINA
Alternative names 201 Folsom Street
General information
Status Under construction
Type Residential condominiums
Architectural style Modernism
Location 201 Folsom Street
San Francisco, California
Coordinates 37°47′19″N 122°23′31″W / 37.7887°N 122.3919°W / 37.7887; -122.3919Coordinates: 37°47′19″N 122°23′31″W / 37.7887°N 122.3919°W / 37.7887; -122.3919
Construction started 2013
Estimated completion 2015
Cost US$620 million
Owner China Vanke
Tishman Speyer
Height
Roof Tower I: 400 ft (120 m)
Tower II: 350 ft (110 m)
Technical details
Floor count Tower I: 42
Tower II: 37
Design and construction
Architect Arquitectonica
Developer Tishman Speyer
Structural engineer Magnusson Klemencic Associates
Main contractor Lend Lease
Other information
Number of units 655
References
[1][2][3][4][5][6]

LUMINA, also known as 201 Folsom Street, is a 655-unit residential development project under construction 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]

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, will stand 400 feet (120 m) and 42 stories tall.[8] 201 Folsom II, located along Main Street, will stand 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 is expected to take about 23 months.[13]

See also[edit]

References[edit]

  1. ^ 201 Folsom I at Emporis
  2. ^ 201 Folsom II at Emporis
  3. ^ LUMINA at SkyscraperPage
  4. ^ LUMINA at SkyscraperPage
  5. ^ a b "The Arquitectonica Redesigned 201 Folsom Street Rendering Scoop". SocketSite. 2012-02-08. Retrieved 2012-03-05. 
  6. ^ a b "Tishman Speyer and China Vanke Join Forces to Develop Luxury Residential Tower". 2013-02-18. Retrieved 2013-06-11. 
  7. ^ "Rundown of San Francisco's Projects! Under Construction, Approved, and Proposed...". SkyscraperPage. Archived from the original on 7 August 2007. Retrieved 2007-08-17. 
  8. ^ a b c "Executive Summary: Conditional Use". San Francisco Planning Department. 2012-10-18. Retrieved 2013-02-22. 
  9. ^ "San Francisco Planning Commission Meeting Minutes". 2012-10-18. Retrieved 2013-02-22. 
  10. ^ Jonas, Ilaina (2013-02-18). "Tishman Speyer, China Vanke to build 2 California condo towers". Reuters. Retrieved 2013-06-19. 
  11. ^ "Permits For Tishman's 201 Folsom Street Towers Project Issued". SocketSite. 2013-05-30. Retrieved 2013-06-19. 
  12. ^ "Twin-Towered Folsom Street Development Is Underway". SocketSite. 2013-06-18. Retrieved 2013-06-19. 
  13. ^ a b Fancher, Emily (2013-06-26). "Tishman Speyer breaks ground on 201 Folsom St.". San Francisco Business Times. Retrieved 2013-06-26. 

External links[edit]