SAN FRANCISCO-Tishman Speyer and China Vanke have unveiled plans for Lumina, San Francisco's newest large-scale luxury condominium project, located at Main and Folsom Streets. Designed by the award-winning Bernardo Fort-Brescia of Arquitectonica, Lumina is a community of 655 luxury condominium residences with retail and parking where SOMA meets the waterfront.
Lumina is the only luxury, large-scale condominium project breaking ground in San Francisco during 2013. Construction is set to begin immediately with the sales center opening in summer of 2014.
“The dramatic transformation of the San Francisco skyline on the waterfront, SOMA and bordering neighborhoods continues with the addition of Lumina,” said Tishman Speyer Co-CEOs Jerry and Rob Speyer. “It follows on the heels of The Infinity, our enormously successful project next door, and promises to be one of the city's residential crown jewels when completed.”
Lumina will feature two residential towers that reach 350 and 400 feet tall; and two mid-rise podium buildings arranged around a landscaped central courtyard. Its curved floor-to-ceiling windowed walls will provide striking city and bay views and offer an array of luxurious amenities. The Lumina site is ideally located close to jobs, transportation and city attractions.
“This is our first investment in North America and we're thrilled to be part of such an iconic real estate development in San Francisco,” said Wang Shi, chairman and founder of China Vanke Co., Ltd. “It's more than a residence; it's a central development in the heart of San Francisco. The waterfront and SOMA areas continue to lead with architectural feats such as The Infinity, The Ferry Building and soon the newly-renovated SFMOMA. We're excited to be part of such a vivacious and culturally rich area.”
“With 655 new units of housing, the new Lumina development brings together Tishman Speyer and China's Vanke to invest in San Francisco,” said Mayor Ed Lee. “We are once again bringing new investment to the SOMA neighborhood, increasing the housing stock in our City and creating over 1000 jobs during construction.”
Architect Bernardo Fort-Brescia, principal of Arquitectonica, has a proven track record of fresh innovative designs which is demonstrated in The Infinity, his first project with Tishman Speyer. Lumina will share a similar look and feel to The Infinity but will have distinct differences inside and out.
“Lumina is the next generation Infinity. The design is inspired by the nautical nature of the city by the bay,” said Fort-Brescia. “The towers' shapes are like hulls in a shipyard coming together.
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