Millennium Partners is planning to break ground this summer on 706 Mission Street, the luxury condo high-rise that will house the Mexican Museum at its base, despite the endless lawsuits that continue to plague the project. Plans for the complex include a major 53-story tower designed by Glenn Rescalvo of Handel Architects. The 190 units on offer will be unique because they will have three to four bedrooms and average 2,700 square feet, which is absolutely gigantic by San Francisco standards. The adjacent Aronson building, built in 1903, will be restored, and the Mexican Museum is set to take up the first four floors of both the tower and the restored building.
The Yerba Buena project has faced its biggest opposition from residents of the nearby Four Seasons tower, who want a shorter building (despite living in a 430-foot-tall building themselves). The project received Planning Commission and Board of Supervisors approvals, and lawsuits from neighbors were tossed out in the courts but are now working their way through appeals. However, Millennium Partners told the San Francisco Chronicle that they plan to start construction this summer anyway. Construction costs are expected to reach $500 million, a figure that includes building the museum. If everything goes according to plan, the building will be finished by September 2018 and sales, which could break city price records, could start in 2017.
· Record-Breaking Condo Project Coming to SoMa—Lawsuits Linger [San Francisco Chronicle]
· The Appeals Never End for the 706 Mission/Mexican Museum Project [Curbed SF]
· Mexican Museum Tower Watch [Curbed SF]