X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the multifamily market, click here.)

(To read more on the multifamily market, click here.)

SAN FRANCISCO-AGI Capital and TMG Partners of San Francisco have kicked off sales of their 246-unit Soma Grand condominium tower in the South of Market district, known locally as SoMa, in a newly opened sales office. The 22-story tower at 1160 Mission St. will include two restaurants at street level and a 504-car underground parking garage.

The units will be a mix ranging from one- to three-bedrooms and from 618 sf to 1,523 sf., including penthouses on the top two floors. The condos are expected to be ready for occupancy in November and are expected to sell for prices ranging from the high $400,000 range to $1 million.

The project site is between Seventh and Eighth streets, at the gateway to SoMa, next to the new GSA Federal Building. The site is just west of San Francisco’s Downtown financial district and Union Square shopping area.

The Soma Grand is being designed by Architecture International of Mill Valley, with Webcor of San Francisco as the general contractor and interior design by Mark McCullough of OCD Interiors in San Francisco. It is described by the developers as “lifestyle condos with the style, service and soul of a boutique hotel,” with San Francisco-based Joie de Vivre Hospitality developing the boutique hotel services and amenities.

Amenities at the Soma Grand will include daily personal concierge service, twice-monthly housekeeping, a sun deck, a fitness center, a club room, a roof garden and access to the shopping, restaurants and cafes that ring the area. The new tower will be close to transit stops, including BART and MUNI.

The Soma Grand is the second AGI multifamily project to debut of late. The company has also unveiled plans for a 146-unit condominium development in West Oakland at West Grand and Bush streets. That development, as reported on GlobeSt.com this week, is expected to break ground in the fall and be completed in mid-2009.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.