The Grand Hall's light column is its centerpiece to support the building and bring daylight in (credit: Pelli Clarke Pelli).
SAN FRANCISCO—Unless one has been living under a rock, most everyone knows the new Salesforce Transit Center opened this past weekend. The 1.2-million-square foot transit center stretches four blocks along Mission Street, one block south of the city's Financial District. The long-awaited facility will link to 11 transit systems and eventually high-speed rail sometime in the future.
By the numbers, it is a pretty impressive facility. The cost to build the transit center was $2.159 billion, including $400 million for a large underground train box for when/if such a concept comes to fruition. The first-year budget for maintenance, security and management of the transit center is $27 million.
There is 85,349 square feet of retail space in 34 storefronts and five leases have been signed. The largest, for a health club, totals 34,508 square feet. Street-level shops and cafes are planned.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
