The company hoping to build a five-story structure at Pine andKearny streets that would compliment rather than dwarf theneighboring St. Mary's Square Park. It also proposes a 19-storyoffice tower at 350 Bush St., which incorporates the San FranciscoMining Exchange Building, a run-down, 77-year-old city landmark.The building would become a galleria of shops and restaurants thatwould double as the entry to the office tower.
The five-story structure would be located at 500 Pine St.,across Kearny from the Shorenstein Co.-owned Bank of America Tower.Walter Shorenstein, father of current owner Douglas Shorenstein,proposed a 14-story highrise for 500 Pine St. in the late 1970sthat would have cast a shadow on tiny St. Mary's Square Park, whichwith Portsmouth Square are Chinatown's only parks. Theadministration of then-Mayor Dianne Feinstein rejected thatidea.
The second site, a block away, is co-owned by the ShorensteinCo. with the Swig Estate of Fairmont Hotel fame. A previouslyproposed 27-story tower there would have demolished the Greco-Romanstyled Mining Exchange and also blocked sunlight from St. Mary'sSquare.
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