After several lawsuits and appeals to stop the 53-story Mexican Museum tower (also known as 706 Mission) from being built, the project will finally break ground this summer in San Francisco, according to Curbed San Francisco.
Designed by Handel Architects for developer Millennium Partners, the tower will house 190 luxury condo units, with the Mexican Museum in levels one through four. According to CurbedSF, the condos will be spacious by San Francisco standards: three- and four-bedroom units averaging 2,700 sf.
The museum will occupy the lower levels of both the new tower and the 1903 Aronson building next door, which is being restored as part of the project. The 10-story Aronson building will house space for the museum on levels two through four, with 16 residential units on floors above.
The project's biggest opponents are residents of the Four Seasons tower, a 430-foot-tall building in the Yerba Buena district. Their reasoning for arguing against the structure: they want the museum tower to be shorter.
Millennium Partners said it will break ground on 706 Mission while the lawsuits go through appeals after being thrown out by the courts. It's scheduled to be completed in September 2018, with sales beginning in 2017.
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New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.
