{"id":1004141425,"date":"2016-04-08T04:23:43","date_gmt":"2016-04-08T12:23:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004141425"},"modified":"2020-04-06T23:40:45","modified_gmt":"2020-04-07T07:40:45","slug":"soma-commercial-building-being-redeveloped-into-new-200-key-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/soma-commercial-building-being-redeveloped-into-new-200-key-hotel\/","title":{"rendered":"SoMa Commercial Building Being Redeveloped into New 200-Key Hotel"},"content":{"rendered":"<p><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p><strong>San Francisco<\/strong>\u2013One of San Francisco\u2019s historic commercial buildings is going to be transformed into a new hospitality asset. The task has fallen to development and construction company <a href=\"https:\/\/www.usa.skanska.com\/\" target=\"_blank\" rel=\"nofollow\">Skanska USA<\/a>, the entity that will be responsible for the redevelopment of 1095 Market St. The contract, worth an estimated $38 million, will be included in order bookings for Skanska USA Building for the first quarter\u00a0of 2016.<\/p>\n<div id=\"attachment_1004141427\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004141427\" data-attachment-id=\"1004141427\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/soma-commercial-building-being-redeveloped-into-new-200-key-hotel\/1095-market-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg\" data-orig-size=\"1247,888\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1095 Market St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1095 Market St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg?w=1024\" class=\"size-medium wp-image-1004141427\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg\" alt=\"1095 Market St.\" width=\"300\" height=\"214\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg 1247w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg?resize=300,214 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg?resize=768,547 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg?resize=1024,729 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004141427\" class=\"wp-caption-text\">1095 Market St., San Francisco<\/p><\/div>\n<p>Located in the ever-growing South of Market district of San Francisco, the building was originally developed in 1904. The eight-story asset will be repurposed as a new <a href=\"https:\/\/www.commercialsearch.com\/news\/hotel\/\" target=\"_blank\">hotel<\/a> for the area, following an extensive redevelopment process. The top-to-bottom renovation will include a series of changes including seismic structural upgrades to the aging building. The redevelopment process will add a new story to the building, taking the resulting nine-story facility to a total area of 72,100 square feet of space.<\/p>\n<p>Skanska is set to transform the existing structure into a 200-key hotel. Once completed, the new facility will also feature a ground-floor retail component. The process is already underway, with delivery\u00a0aimed for the summer of 2017.<\/p>\n<p><em>Image courtesy of Google Street View\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new 200-key hotel will include seismic structural upgrades. <\/p>\n","protected":false},"author":920,"featured_media":1004141427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21782,21751,21742,1609,15],"tags":[],"class_list":["post-1004141425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-development","category-hotel","category-latest","category-san-francisco","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SoMa Commercial Building Being Redeveloped into New 200-Key Hotel - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/soma-commercial-building-being-redeveloped-into-new-200-key-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SoMa Commercial Building Being Redeveloped into New 200-Key Hotel\" \/>\n<meta property=\"og:description\" content=\"The new 200-key hotel will include seismic structural upgrades.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/soma-commercial-building-being-redeveloped-into-new-200-key-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-08T12:23:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-07T07:40:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1095-Market-St..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1247\" \/>\n\t<meta property=\"og:image:height\" content=\"888\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"A.J. 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