Present Land Use
The project site is in the high-density central business district, urban core of the City and County of San Fransisco. The site currently includes the Mining Exchange Building, a historic structure that is San Fransisco Landmark No. 113. Four other unreinforced masonry buildings would be demolished. Three buildings are vacant while one building has the first floor in use as a McDonald's fast food restaurant. The site is within the C-3-O (Downtown Commercial Office) zoning district and is within the 250-S Height and Bulk District. The Downtown Area Plan Element of the General Plan for San Francisco designates this area as within the downtown office district.
The project involves the construction of a 250-foot high, 400,000 square foot (sq ft) office building that would be 19 stories tall (plus a mechanical penthouse) and would incorporate the historical Mining Exchange Building. The proposed building is located in the Financial District on Assessor's Block 269, Lots 2, 2a, 3, 22, 24, 25, and 26. The block is bounded by Bush, Kearny, Pine, and Montgomery. The project as proposed would contain 360,000 sq ft of office use, 7,270 sq ft of retail use, and 32,730 sq ft of parking as 100 subsurface parking spaces. The office tower would be set back from the historical facade of the Mining Exchange Building.