Photo-sharing site Pinterest has been pretty much perpetually on the hunt for more space over the past few years. The company is currently at 808 Brannan Street, and early efforts focused on other nearby sites like 333 Brannan, which went to Dropbox, and 270 Brannan, which was snagged by Splunk. Then there was the effort to move into the San Francisco Design Center, which the building's current design-oriented tenants fought. When Pinterest gave up on the Design Center, it announced that it would take on new space at 651 Brannan while continuing its search for more room. Now, the company has signed a lease for all of the office space at the upcoming 505 Brannan Street, a 150,000 square foot building designed by Heller Manus.
505 Brannan is being constructed in a partnership between TMG and Alexandra Real Estate Equities, the developer responsible for Uber's future Mission Bay offices and Stripe's planned SoMa home. The building has been fully approved and won't face any challenges from Proposition M, the city's cap on new office space. It will sit right next to one of the new stops of the Central Subway and down the street from the city's main Caltrain station. Alexandria and TMG also recently filed plans to build an additional 165-foot expansion on top of the building's initial 85 feet once the Central SoMa rezoning plan that increases height limits is passed. Those plans could match Pinterest's appetite for ever more space.
· Pinterest Plans Possible Move into SF Design Center [Curbed SF]
· Pinterest Officially Drops Design Center Bid, Pins 651 Brannan [Curbed SF]
· SoMa Tech Office Building Wants to Get Three Times Taller After It's Built [SF Business Times]