More images and details for two new towers near San Francisco’s Caltrain station that could bring more than 1,100 new homes to the area have been filed with the city.
Developer Tishman Speyer is behind the project at 655 Fourth St. between Townsend and Bluxome streets. The towers will both be over 400 feet tall. The Fourth Street Tower would be 38 floors tall and reach 405 feet; the Townsend Tower would be 40 stories tall and top out at 435 feet.
Construction of the podium building would require the demolition of three current buildings along with seven surface parking lots and landscaping. The site will be just steps from Caltrain and the Central Subway’s Fourth/Brannan station, as well as several minutes’ walk from the San Francisco Giants’ Oracle Park.
When complete, it would include 129 studio apartments, 539 one-bedroom units, 400 two-bedroom apartments and 37 three-bedroom homes. Of the building’s total 1,105 residential units, 391 would have balconies for private open space.
Its ground floor, opening into a public plaza, would include 9,857 square feet for retail use, bicycle storage facilities, a loading dock, a vehicle drop-off and refuse areas.
Underneath it all, a 142,580-square-foot two-level basement would include parking, maintenance and operations equipment.
“We are embarking a reentitlement process for a revised project that better reflects the post-Covid environment,” a Tishman Speyer spokesperson said Tuesday. “The current project removes the hotel, reconfigures the retail and makes the building more efficient.”
“We’re pleased to see these new impressions of the project’s place in the neighborhood,” San Francisco Planning Department Chief of Staff Dan Sider told The Standard on Tuesday. “Our hope is that they will help inform continued review and discussion during the lead-up to next month’s public hearing.”