Welcome to the 2008 Curbed SF Awards, wherein we celebrate, honor and reminisce about the best and worst of San Francisco neighborhood, real estate and streetside developments these past twelve months. Look for updates now until New Year's -- we'll be sprinkling these bad boys out like cinnamon in your hot toddy.
Right next door to the glassy-headed 555 sits poor unfinished 535 Mission, a testament to the ever-widening credit chasm that has swallowed so many developments this year, and shows no signs of letting up in 2009. Without enough buyers or leasers interested in condos or office space, the 27-story, $100 million tower was left in the lurch. Work was technically "suspended," not out-right "cancelled," but that didn't stop the greatest legacy of 535 Mission: the ripple effect it seemed to have on the rest of the current construction scene. One by one, small and large (and Rincon's second tower, too), they fell like dominos after 535's announcement.
· Wall Street Ripple: 535 Mission Suspended [Curbed SF]