{"id":1004477011,"date":"2020-09-14T13:23:55","date_gmt":"2020-09-14T21:23:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004477011"},"modified":"2022-07-19T22:22:46","modified_gmt":"2022-07-20T06:22:46","slug":"top-10-office-projects-under-construction-in-san-francisco","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/","title":{"rendered":"Top 10 Office Projects Under Construction in San Francisco"},"content":{"rendered":"<p>San Francisco remains one of the nation\u2019s top tech hubs and a hotbed for innovation. According to Yardi Matrix data, the metro\u2019s development pipeline encompassed more than 9.9 million square feet of office space as of September, and a little over one million square feet was delivered year-to-date. Even so, finding office space remains a challenge for startups in the Bay Area, as tech powerhouses continue to dominate the landscape. Additionally, Proposition E\u2014the controversial ballot measure adopted last March\u2014is bound to significantly reduce new office supply, further exacerbating the availability shortfalls.<\/p>\n<p>Some 3.6 million square feet of office space across 17 properties is scheduled for completion by year-end, while 4.3 million square feet is expected to come online in 2021. However, uncertainty around delivery dates is fueled by the ongoing health crisis. Here are the largest office projects underway in the metro, based on Yardi Matrix data.<\/p>\n<h2>10. Joan and Sanford I. Weill Neurosciences Building<\/h2>\n<p>Alexandria Real Estate Equities is developing the Joan and Sanford I. Weill Neurosciences Building, a 269,000-square-foot medical facility with a 5,000-square-foot retail component. The company started work on the six-story property in February 2018. Completion is scheduled for the end of 2020. The asset will house the University of California San Francisco Medical Center\u2019s new neurology clinic, the\u00a0UCSF Institute for Neurodegenerative Diseases\u00a0and the\u00a0Global Brain Health Institute, as well as research laboratories. Located on 27 acres at 555 Mission Bay Blvd. S., the building is in the heart of the university\u2019s Mission Bay campus.<\/p>\n<h2>9. 201 Haskins Way<\/h2>\n<div id=\"attachment_1004477059\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477059\" data-attachment-id=\"1004477059\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/08-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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=\"201 Haskins Way\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;201 Haskins Way. Rendering courtesy of WRNS Studio &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg?w=800\" class=\"wp-image-1004477059 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/08.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477059\" class=\"wp-caption-text\">201 Haskins Way. <em>Rendering courtesy of WRNS Studio<\/em><\/p><\/div>\n<p>The 311,369-square-foot 201 Haskins Way is another Alexandria Real Estate Equities building taking shape in San Francisco. The company broke ground on the life sciences\/office development in January 2019. Upon completion, scheduled for the third quarter of 2021, the property will comprise a three-story east building and a five-story west building joined by a three-story open atrium. The development team includes Truebeck Construction as the general contractor and WRNS Studio as the architect.<\/p>\n<h2>8. Gateway of Pacific \u2013 Phase III &amp; Gateway of Pacific \u2013 Building 1000A<\/h2>\n<div id=\"attachment_1004477062\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477062\" data-attachment-id=\"1004477062\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/07-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg\" data-orig-size=\"1530,1186\" data-comments-opened=\"0\" 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=\"Gateway of Pacific\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Gateway of Pacific. Rendering courtesy of Alexandria Real Estate Equities&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg?w=1024\" class=\"wp-image-1004477062 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg 1530w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/07.jpg?resize=1024,794 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477062\" class=\"wp-caption-text\">Gateway of Pacific. <em>Rendering courtesy of Alexandria Real Estate Equities<\/em><\/p><\/div>\n<p>BioMed Realty\u2019s Gateway of Pacific is a 1.3 million-square-foot complex emerging in South San Francisco. The largest buildings under construction are 350,000 square feet each. Phase III is an 11-story asset that broke ground in December 2019 and is scheduled for completion in the first quarter of 2022. Construction on the 12-story Building 1000A started in September 2017, with delivery anticipated in the first quarter of 2021.<\/p>\n<p>The 23-acre Gateway of Pacific is being constructed in three phases in the heart of San Francisco\u2019s biotech hub, just off Highway 101 and north of San Francisco International Airport. The Flad-designed campus has caught the attention of large biotech companies, including anchor tenant AbbVie and Amgen. The latter <a href=\"https:\/\/www.commercialsearch.com\/news\/biomed-welcomes-biotech-powerhouse-at-bay-area-campus\/\">signed a 240,000-square-foot lease<\/a> last December.<\/p>\n<h2>7.\u00a0Mission Bay 1 &amp; 2<\/h2>\n<div id=\"attachment_1004477068\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477068\" data-attachment-id=\"1004477068\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/06-8\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg\" data-orig-size=\"1065,825\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 7&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1594746703&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.99&quot;,&quot;iso&quot;:&quot;20&quot;,&quot;shutter_speed&quot;:&quot;0.00093984962406015&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"06\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Mission Bay 1 &#038; 2. Rendering courtesy of Alexandria Real Estate Equities&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg?w=1024\" class=\"wp-image-1004477068 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg\" alt=\"\" width=\"300\" height=\"232\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg 1065w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/06.jpg?resize=1024,793 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477068\" class=\"wp-caption-text\">Mission Bay 1 &amp; 2. <em>Rendering courtesy of Alexandria Real Estate Equities<\/em><\/p><\/div>\n<p>Alexandria Real Estate Equities is also working on Uber\u2019s upcoming Mission Bay headquarters. The company broke ground on the 422,980-square-foot Mission Bay 1 &amp; 2 in June 2016. Although scheduled for completion in the last quarter of 2021, it is unknown when Uber will actually move in, as the company announced its employees will be working remotely until July 2021 due to the pandemic.<\/p>\n<p>Mission Bay 1 &amp; 2 will comprise a six-story and 11-story office building connected via two pedestrian bridges and a plaza. The assets also feature an innovative operable facade. Design plans were provided by SHoP Architects and Quezada Architecture, while Surface Design acted as the landscape architect. Located at 1515 Third St., the project is part of the Golden State Warriors\u2019 Chase Center arena project in San Francisco\u2019s Mission Bay neighborhood.<\/p>\n<h2>6.\u00a0Facebook Campus \u2013 Building 22<\/h2>\n<p>Facebook continues to expand its Silicon Valley footprint with the addition of a 464,712-square-foot development in Menlo Park, Calif. The $303 million project broke ground in April 2018 and represents the redevelopment of the five-building TE Connectivity campus located at 301-309 Constitution Drive. The four-story asset is expected to deliver at the end of 2020 and will include first-level parking with 1,736 stalls, a park and a sky bridge. Gehry Partners, known for designing the tech giant\u2019s headquarters, is the architect in charge.<\/p>\n<h2>5.\u00a0The Alexandria District \u2013 Building 1 &amp; 2<\/h2>\n<p>Alexandria Real Estate Equities is also developing the first phase of its upcoming Alexandria District for Science &amp; Technology biotech campus. The project encompasses two office buildings totaling 556,945 square feet slated to come online this fall. Building 1 has 280,000 square feet and is anchored by biopharma firm Allakos, while Building 2 encompasses 276,945 square feet. The project is located at 825 and 835 Industrial Road in San Carlos, Calif., equidistant between San Francisco and San Jose.<\/p>\n<p>Designed by Arc Tec, the first phase also includes a small park and a 517,000-square-foot shared parking structure. At full build-out, Alexandria Real Estate Equities\u2019 campus will include 1.6 million square feet of space between Industrial Road and Old County Road, which encapsulates the redevelopment of the former Kelly-Moore Paints corporate headquarters.<\/p>\n<h2>4.\u00a0Mission Bay 3 &amp; 4<\/h2>\n<div id=\"attachment_1004477074\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477074\" data-attachment-id=\"1004477074\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/04-11\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg\" data-orig-size=\"929,720\" data-comments-opened=\"0\" 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=\"04\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Mission Bay 3 &#038; 4. Rendering courtesy of SHoP Architects&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg?w=929\" class=\"wp-image-1004477074 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg 929w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/04.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477074\" class=\"wp-caption-text\">Mission Bay 3 &amp; 4. <em>Rendering courtesy of SHoP Architects<\/em><\/p><\/div>\n<p>Uber\u2019s new headquarters will also include the upcoming Mission Bay 3 &amp; 4, located at 1725 Third St., within the Golden State Warriors\u2019 Chase Center. The project broke ground in March 2017 and encompasses 580,000 square feet of office and 100,000 square feet of retail space across two 11-story buildings designed by Pfau Long Architecture. Completion is scheduled for this fall.<\/p>\n<p>J.P. Morgan Chase <a href=\"https:\/\/www.commercialsearch.com\/news\/transactions-september-2020\/\">provided a $639 million construction loan<\/a>, deemed one of the year\u2019s most noteworthy financing deals. Similar to Mission Bay 1 &amp; 2, the project will include various sustainability features such as environment-friendly construction materials, pedestrian-friendly location, nearby bike racks, smoke-free campus and construction waste diversion.<\/p>\n<h2>3.\u00a05M Project \u2013 H1 Building<\/h2>\n<div id=\"attachment_1004477080\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477080\" data-attachment-id=\"1004477080\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/03-6\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg\" data-orig-size=\"1032,800\" data-comments-opened=\"0\" 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=\"03\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg?w=1024\" class=\"wp-image-1004477080 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg 1032w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/03.jpg?resize=1024,794 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477080\" class=\"wp-caption-text\">5M Project \u2013 H1 Building. <em>Rendering courtesy of Brookfield Properties<\/em><\/p><\/div>\n<p>Last June, following a decade of planning, Brookfield Properties and Hearst Corp. <a href=\"https:\/\/www.commercialsearch.com\/news\/brookfield-hearst-jv-kicks-off-1b-project-in-san-francisco\/\">teamed up to develop 5M<\/a>, a three-building, $1 billion project in San Francisco\u2019s SoMa district. Phase I consists of the H1 Building, a 655,000-square-foot, 25-story office building scheduled for completion in the second quarter of 2021. The property, designed by Sitelab, is located at 415 Natoma St., on 4 acres of former parking lots and vacant buildings. The project will also include M2, a 20-story residential building and a 30-story condo project dubbed N1.<\/p>\n<h2>2.\u00a0Kilroy Oyster Point \u2013 Phase I<\/h2>\n<div id=\"attachment_1004477092\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477092\" data-attachment-id=\"1004477092\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/02-14\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png\" data-orig-size=\"822,637\" data-comments-opened=\"0\" 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=\"Kilroy-Oyster-Point-Rendering-Img-Courtesy-of-Kilroy-img-1\" data-image-description=\"&lt;p&gt;Rendering of Kilroy Oyster Point. Image courtesy of Kilroy Realty &#8211; Image used in San Francisco Market Update&lt;br \/&gt;\nFirst time we received the image:&lt;br \/&gt;\nhttps:\/\/www.commercialsearch.com\/news\/kilroy-breaks-ground-on-950m-life-science-project\/&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Kilroy Oyster Point. Rendering courtesy of Kilroy Realty&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png?w=822\" class=\"wp-image-1004477092 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png\" alt=\"\" width=\"300\" height=\"232\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png 822w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/02.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477092\" class=\"wp-caption-text\">Kilroy Oyster Point. <em>Image courtesy of Kilroy Realty<\/em><\/p><\/div>\n<p>Kilroy Realty kicked off construction on the multiphase Kilroy Oyster Point in May 2019. The first phase consists of a 656,000-square-foot laboratory and office facilities situated at 379 Oyster Point, right at the entrance of the $2.2 billion project. Completion is scheduled for the second half of 2021.<\/p>\n<p>Phase I is already fully leased, with <a href=\"https:\/\/www.commercialsearch.com\/news\/kilroy-lands-major-tenant-for-san-francisco-area-project\/\">Stripe Inc. as the anchor tenant<\/a>. DGA Architects provided design services, Teichert Construction facilitated infrastructure work and Hathaway Dinwiddie Construction handled the development process. The 52-acre waterfront campus will include a total of 3 million square feet across 12 buildings.<\/p>\n<h2>1.\u00a0First Street Tower of Oceanwide Center<\/h2>\n<div id=\"attachment_1004477095\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004477095\" data-attachment-id=\"1004477095\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-10-office-projects-under-construction-in-san-francisco\/01-15\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg\" data-orig-size=\"839,650\" data-comments-opened=\"0\" 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=\"01\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg?w=839\" class=\"wp-image-1004477095 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg\" alt=\"\" width=\"300\" height=\"232\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg 839w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/01.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004477095\" class=\"wp-caption-text\">First Street Tower of Oceanwide Center. <em>Rendering courtesy of Walter P Moore <\/em><\/p><\/div>\n<p>The largest property on the list is First Street Tower of Oceanwide Center, a mixed-use project totaling 1.5 million square feet, with a 1 million-square-foot office component. Beijing-based <a href=\"https:\/\/www.commercialsearch.com\/news\/two-tower-2-4msf-project-breaks-ground-in-sf\/\">Oceanwide Holdings broke ground<\/a> on the property in 2016, but has since sold it to an SPF Capital affiliate. Completion is scheduled for the first quarter of 2022.<\/p>\n<p>At full build-out, the 61-story tower will be San Francisco\u2019s second-tallest office building. It will also include first- and second-floor retail space and 110 residential units, making it the tallest residential project on the West Coast. Located at 50 First St. in San Francisco\u2019s South Financial District, the development is part of a rezoning plan that encourages density around the Transbay Terminal. The development team includes TMG Partners as the developer, Walter P Moore as the expert structural engineer and Foster + Partners and Heller Manus as architects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Yardi Matrix data, nearly 10 million square feet was under construction as of September, including the second-tallest office building in the city.  <\/p>\n","protected":false},"author":741,"featured_media":1004477245,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,41288,21742,21747,1609,15],"tags":[39329,32827,33497,35709,33134,34586],"class_list":["post-1004477011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-rc-listicles","category-latest","category-office","category-san-francisco","category-west","tag-topofthelist","tag-alexandria-real-estate-equities-inc","tag-brookfield-properties","tag-facebook","tag-kilroy-realty-corporation","tag-uber"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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