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Work begins on Foster + Companions’ $250 million revamp of the Transamerica Pyramid

The Transamerica Pyramid, an aluminum-capped skyscraper designed by William Pereira that reigned because the tallest constructing on the San Francisco skyline for practically 50 years starting in 1972, is present process a $250 million makeover that, amongst different issues, entails an exhaustive inside redesign and ground-level public realm enhancements; together with an enlargement of the redwood tree-populated park on the pyramidical tower’s base.

Led by Foster + Companions, the expansive redesign of the Transamerica Pyramid effort ranks not simply as the biggest modernization effort ever for the 48-story futurist landmark bove San Francisco’s Monetary District—the challenge additionally marks the biggest funding in downtown San Francisco for the reason that begin of the COVID-19 pandemic and can be one of many largest redesigns of a serious constructing within the metropolis’s historical past per the San Francisco Chronicle, which first broke information of the transformative overhaul on the metropolis’s second-tallest skyscraper late final week. (Because the completion of the Pelli Clarke Pelli Associates-designed Salesforce Tower in 2018, the 853-foot-tall Transamerica Pyramid was bumped to the quantity two spot).

rendering of a renovated office building lobby
Foyer element of the revamped Transamerica Pyramid (Rendering by DBOX/Foster + Companions)
rendering of a cherry tree-lined street
Cherry blossom timber lining a newly activated Mark Twain Road (Foster + Companions)

Renovation work on the Transamerica Pyramid, which simply kicked off, is anticipated to take roughly a yr to finish. The neighboring 1930 constructing at 545 Sansome Road that’s a part of the bigger Transamerica Pyramid Middle advanced may even be expanded to double its present dimension and see its facade reskinned as a part of a deliberate complementary $150 million challenge that’s nonetheless awaiting approvals. A 1981 constructing at 505 Sansome, additionally designed by Pereira, may even be renovated as a part of that section two challenge. The 2 neighboring buildings are being rebranded as Three and Two Transamerica, respectively.

In October 2020, Michael Shvo’s New York-headquartered luxurious actual property growth agency SHVO acquired the long-lasting constructing from Aegon, the Dutch multinational dad or mum firm of the Transamerica Company, for $650 million. Transamerica Corp is now headquartered in Baltimore. Shvo first introduced renovations have been on the desk for the Transamerica Pyramid Middle in April 2021.

rendering of a a swank private lounge space
View of the tenant-only lounge on the forty eighth flooring (Rendering by Boyero Visualizers/Foster + Companions)

“We need to make this place a focal middle of downtown, and ensure folks come right here not solely to work,” Shvo instructed the Chronicle. “It won’t solely remodel the inside of the constructing however the panorama and the outside and convey life to the whole web site.”

As detailed by the Chronicle, inside work on the 763,000-square-foot Transamerica Pyramid, which was licensed as LEED Platinum in 2011 and re-certified in 2019, can be heavy on new facilities together with a non-public sky lounge for constructing tenants on the uppermost forty eighth flooring. The primary foyer may even be renovated to “improve and reveal the constructing’s historic components,” the paper defined.

rendering of a renovated office space with expose latticework
The tower’s foyer can be renovated to showcase Pereira’s authentic design (Rendering by DBOX/Foster + Companions)
rendering of a park space in downtown san francisco
View of the revitalized Redwood Park on the Transamerica Pyramid Middle (Foster + Companions)

As envisioned by Shvo, the Transamerica Pyramid Middle may even achieve new eating and retail areas flanking Mark Twain Road, an underutilized alleyway extending from the positioning’s half-acre Redwood Park. Initially designed by Tom Galli, the park can be expanded and lined with rows of cherry blossom timber to convey a burst of coloration to the positioning’s revitalized public areas.

Excessive-end members-only membership CORE, which first debuted in Manhattan in 2005, has signed on for 450,000 sq. ft of house within the revamped Transamerica Pyramid and can populate three decrease flooring of the constructing in 2023. Different key tenants of the constructing embody Northwestern Mutual, Callan Associates, and Thoma Bravo.

“The phrase iconic is overused but it surely’s really an iconic constructing, it’s a bit of historical past,” mentioned Lord Norman Foster in an announcement shared by SHVO. “It’s about responding to a really particular local weather of a metropolis, it’s about well being, it’s about sustainability it’s about inexperienced.”

As famous by the Chronicle, Foster + Accomplice’s revamp of the Transamerica Pyramid isn’t the London-headquartered agency’s solely superlatively tall enterprise within the Metropolis by the Bay. The proposed 50 Major Road, a challenge of developer Hines on the 200 Mission campus on the former PG&E headquarters within the metropolis’s SoMA neighborhood, would change the Transamerica Pyramid as San Francisco’s second-tallest constructing if the Foster + Companions-designed residential super-tall tower is constructed as proposed. It could rise 1,066, simply 4 ft shorter than Salesforce Tower.


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