Wilson Meany went before the commission to propose the development of 10,000-sf of mezzanine space at One Powell St., the former Bank of America headquarters. Earlier this year, Wilson Meany purchased the space from Bank of America.

The firm can now go ahead with its expansion and seismic retrofit plan, which is part of its $30 million project. The renovation will construct a brand-new mezzanine, elevator and stairway. The 80-year-old building is located next to the Powell BART station and cable cars, so it is considered prime downtown real estate.

The former Bank of America headquarters at One Powell St. will soon make way for three floors of retail space, a basement bank branch and 50,000 square feet of office space. Bank of America intends to move its business from the ground floor into the newly renovated basement space.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.