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One Market Plaza

Complex of three office buildings at 1 Market Street along the San Francisco Embarcadero

Field	Value
name	One Market Plaza
image	One Market Plaza aerial (2010).jpg
caption	Aerial view of One Market Plaza: Steuart Tower (left, shorter white building), Spear Tower (center, taller white building), and Southern Pacific Building (right, shortest brick building)
alternate_names	Del Monte Building
location	1 Market Street
San Francisco, California
coordinates
pushpin_map	United States San Francisco Central
completion_date	1976
building_type	Commercial offices
roof	172 m
floor_count	43
floor_area	1,460,071 sqft
architect	Welton Becket Associates
owner
references

San Francisco, California

One Market Plaza is a complex of three office buildings at 1 Market Street along the San Francisco Embarcadero. The historic 11-story Southern Pacific Building, also known as "The Landmark", was completed in 1916, and incorporated into the development in 1976 that includes the 43-storey 172 m Spear Tower, and the 27-storey, 111 m Steuart Tower. At over 1.5 billion pounds, the complex is considered the heaviest development in San Francisco.

History

The plaza was first owned by Morgan Stanley Real Estate and Paramount Group. Later in 2007, Paramount Group purchased a half-interest from Morgan Stanley for $720 million. By 2014, Paramount controlled a 51% stake and the rest by Blackstone.

The complex was renovated in 1996 by the architect firm César Pelli & Associates Architects. In Spring 2014 a new renovation began, which was completed in 2016.

After Southern Pacific's merger with Union Pacific, the Landmark building was sold to The Martin Group in 1997 for $50 million, after plans by another developer to convert the building to a hotel fell through. An $88 million renovation brought modern amenities such as air conditioning and hot water to the building. It later hosted the headquarters of Del Monte Foods for ten years on the building's top three floors. In 2018, Google took lease of 300,000 sqft at The Landmark.

Tenants

As of 2017, Google, as the anchor tenant, occupied 321,680 sqft. Others are Morgan, Lewis & Bockius, Autodesk, Visa Inc. and Capital Research.

Gallery

File:San Francisco - Southern Pacific Building 01.jpg|The Market street facade of the Southern Pacific Building File:Steuart_Tower_and_Spear_Tower.jpg|Steuart Tower and Spear Tower from the ground

References

"Spear Tower". CTBUH.
"Spear Tower". [[Emporis]].
{{Skyscraperpage. 760. Spear Tower
"Steuart Tower". [[Emporis]].
{{Skyscraperpage. 1413. Steuart Tower
Li, Roland. (2018-11-13). "Google signs massive SF office lease at former Salesforce headquarters".
Andrew Nelson. (2021-08-12). "Number 21: Spear Tower at One Market Plaza, SoMa, San Francisco".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

skyscraper-office-buildings-in-san-francisco market-street-(san-francisco) buildings-and-structures-completed-in-1916 buildings-and-structures-completed-in-1976 financial-district,-san-francisco welton-becket-buildings

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