181 Fremont Gets $480M Construction Loan

SAN FRANCISCO—Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned that HFF has arranged construction financing for the development of 181 Fremont St. The LEED Platinum Certified, fully-entitled, class A+ office and luxury condominium development is in the heart of the South Financial District in San Francisco.

As GlobeSt.com previously reported, Jay Paul Co. is developing the property through Starwood Property Trust. Work began on the tower in November of 2013, when the developer said that the project would take the lead in “defining the new Transbay Transit Center complex neighborhood.” 181 Fremont is expected to ascend 802 feet and comprise 54 stories to become the tallest mixed-use office and residential tower in San Francisco and in the Western United States.