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Transbay Cashing In

The Transbay Joint Powers Authority will receive a $30M check this year for Transbay Block 6. The money, to be delivered by October 1st, continues a lucrative year for the TJPA that already has taken in $191.8 million for the Transbay Tower site and is also expecting another $43.3 million deal for Transbay Block 9. Golub Real Estate, the purchasers of block 6, are expected to begin construction of a 479-unit building later this year. - Michael Conrad [SF Business Times]

Transbay Tower

101 First Street, san francisco, ca