181 Fremont Opens, Gears Up For Residents
The largest mixed-use tower in San Francisco, 181 Fremont, will welcome its first residents in the next few weeks and its office tenant has already started moving in. The $850M mixed-use tower opened months after nearby Salesforce Tower opened its doors to its first office tenants. The opening of 181 Fremont marks San Francisco Transbay Terminal’s ongoing transformation into a high-density mixed-use neighborhood surrounding the Transbay Transit Center.
“It’s been a labor of love and hard work for five years,” Jay Paul Co. Chief Investment Officer Matt Lituchy said. “It took more than a village to do this.”
Lituchy learned a lot of patience during the development process. The company is used to building office buildings in suburban areas. To build 800 feet in the air in an urban area takes a lot of time, he said.
Jay Paul Co. is currently in construction of Moffett Towers II, which has been leased to Amazon and Facebook, Lituchy said. The company also is working through entitlements for a parcel off Highway 101 in Redwood City for another project and is considering other Bay Area and California sites for new development opportunities.
At 181 Fremont, a handful of condo units are expected to be sold by the end of the month, Lituchy said.
The residences are two- and three-bedroom units with 1,200 SF to over 2,500 SF. A full-floor penthouse is about 7K SF and is also one of the most expensive penthouses on the market, asking $42M. Several parties have shown interest in the penthouse, but it has not yet sold, Lituchy said.
Residences start at the low $3M for two-bedroom units and the mid-$5M for three-bedroom units.
Amenities in the Sky Lounge include a wraparound observation terrace, a fitness center and yoga room, four lounge spaces, a library, a conference room, a bar and a catering kitchen. Future residents have already booked events at the Sky Lounge.
The building was designed by Heller Manus Architects with interiors by Orlando Diaz-Azcuy. Hornberger + Worstell was the architect for the building's residential units. Arup and Level 10 Construction also worked on the building.
Diaz-Azcuy designed the lobby, the full-floor amenities at Sky Lounge, which is 500 feet above the city, and the building’s 55 condos and 12 accessory suites on the building’s top floors. The building’s art collection was curated by Gagosian Gallery and Jessica Silverman Gallery.
The building was engineered with deep construction caissons measuring over 260 feet into bedrock. Arup awarded 181 Fremont the REDi Gold Rating based on the building’s ability to withstand a 475-year seismic event, or about a 7.5 to 8.0 magnitude earthquake on the San Andreas Fault, with minimal disruption.
The tower also is the first pre-certified LEED Platinum mixed-use building in San Francisco and includes a water-recycling system that captures, treats and reuses greywater and rainwater and a curtain wall system that maximizes natural light.
The building has a direct connection on the seventh floor to the Transbay Transit Center’s elevated park, dubbed Salesforce Park, which is scheduled to open this summer.
Two model homes are available for viewing. A two-bedroom, 2,226 SF unit was designed by ODADA, Orlando Diaz-Azcuy’s design firm, and is listed for $6.4M and a two-bedroom, 1,820 SF unit designed by Charles de Lisle, listed for $4.8M.
Some of the high-end finishes throughout the residences include glass-beaded walls, handcrafted French door handles and Italian marble.
The Mark Co. is the exclusive marketing and sales firm for the 181 Fremont Residences.
