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505 Montgomery Street
505 Montgomery Street is a 24- storey, class-A office building in the financial district of San Francisco, California. The spire perched atop the building is thought to be a replica of the Empire State Building, but that association is mainly due to the publicity stunt during the opening of the building, which involved an inflatable gorilla perched on the spire. History 505 Montgomery was developed by the Empire Group of San Francisco. Empire assembled ten contiguous parcels in 1978, and filed their initial design study on 7 January 1983 with the San Francisco Department of City Planning. The initial design called for a 28-story building, high including a mechanical penthouse and ground-floor commercial space. The design was revised to a 24-story building based on floor area ratio calculations, and the final conditional use authorization was granted in June 1984. During construction, Mitsui Fudosan acquired a controlling interest in the unfinished building from The Empire ...
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San Francisco
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and ''Baghdad by the Bay''. San Francisco and the surrounding San Francisco Bay Area are a global center of economic activity and the arts and sciences, spurred ...
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Hines Interests Limited Partnership
Hines Interests Limited Partnership is a privately held company that invests in and develops real estate. The company has developed, redeveloped or acquired 1,450 properties, comprising over 485 million square feet. The company currently manages 622 properties comprising 256 million square feet. The company has a presence in 240 cities in 27 countries. The firm's business model is alleged to be adding to Ireland's housing crisis. History The company was founded in Houston in 1957 by Gerald D. Hines. In 1966, the company signed a lease with Royal Dutch Shell as the anchor tenant of a 50-story building it was constructing. In March 2006, Hines Real Estate Investment Trust acquired 321 N. Clark, an 897,000 square foot office building in Chicago for $247.3 million. In December 2006, a subsidiary of Hines Real Estate Investment Trust acquired a portfolio of 9 buildings in Redmond, Washington for $217 million. In November 2008, Hines Real Estate Investment Trust acquired a 70% ...
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Skyscraper Office Buildings In San Francisco
A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-rise buildings. Historically, the term first referred to buildings with between 10 and 20 stories when these types of buildings began to be constructed in the 1880s. Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers is having a steel frame that supports curtain walls. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than of those made of reinforced concrete. Modern skyscrapers' walls are not load-bearing, and most skyscrapers are characterised by large surface ...
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Financial District, San Francisco
The Financial District is a neighborhood in San Francisco, California, United States, that serves as its main central business district and had 372,829 jobs according to U.S. census tracts as of 2012-2016. It is home to the city's largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Multiple Fortune 500 companies headquartered in San Francisco have their offices in the Financial District, including Wells Fargo, Salesforce, PG&E, Uber, Gap, and Williams-Sonoma. Since the 1980s, restrictions on high-rise construction have shifted new development to the adjacent South of Market area surrounding the Transbay Transit Center. This area is sometimes called the South Financial District by real estate developers, or simply included as part of the Financial District itself. However, the COVID-19 pandemic in the United States has accelerated the exodus of business from the down ...
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Emperor Norton
Joshua Abraham Norton (February 4, 1818January 8, 1880), known as Emperor Norton, was a resident of San Francisco, California who, in 1859, proclaimed himself "Norton I., Emperor of the United States". In 1863, after Napoleon III invaded Mexico, he took the secondary title of "Protector of Mexico." Norton was born in England but spent most of his early life in South Africa. Leaving Cape Town, probably in late 1845, he arrived in Boston, via Liverpool, in March 1846 and San Francisco in late 1849.John Lumea"How and When Did Joshua Norton Get to San Francisco? The Emperor Norton Trust, February 10, 2017. Nothing is known of his whereabouts or occupations in the intervening three-and-a-half years. For the first few years after arriving in San Francisco, Norton made a successful living as a commodities trader and real estate speculator, becoming one of the city's more prosperous and respected citizens. However, he was financially ruined following a failed bid to corner the ric ...
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Privately Owned Public Space
Privately owned public space (POPS), or alternatively, privately owned public open spaces (POPOS), are terms used to describe a type of public space that, although privately owned, is legally required to be open to the public under a city's zoning ordinance or other land-use law. The acronym POPOS is preferentially used over POPS on the west coast of the US. Both terms can be used to represent either a singular or plural space or spaces. These spaces are usually the product of a deal between cities and private real estate developers in which cities grant valuable zoning concessions and developers provide in return privately owned public spaces in or near their buildings. Privately owned public spaces commonly include plazas, arcades, small parks, and atriums. Many cities worldwide, including Auckland, New York City, San Francisco, Dublin, Seattle, Seoul, and Toronto, have privately owned public spaces. Some cities and advocacy groups have created websites about these spaces ( ...
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Mansard Roof
A mansard or mansard roof (also called a French roof or curb roof) is a four-sided gambrel-style hip roof characterised by two slopes on each of its sides, with the lower slope, punctured by dormer windows, at a steeper angle than the upper. The steep roof with windows creates an additional floor of habitable space (a garret), and reduces the overall height of the roof for a given number of habitable storeys. The upper slope of the roof may not be visible from street level when viewed from close proximity to the building. The earliest known example of a mansard roof is credited to Pierre Lescot on part of the Louvre built around 1550. This roof design was popularised in the early 17th century by François Mansart (1598–1666), an accomplished architect of the French Baroque period. It became especially fashionable during the Second French Empire (1852–1870) of Napoléon III. ''Mansard'' in Europe (France, Germany and elsewhere) also means the attic or garret space itself, ...
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Art Deco
Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the United States and Europe during the 1920s and 1930s. Through styling and design of the exterior and interior of anything from large structures to small objects, including how people look (clothing, fashion and jewelry), Art Deco has influenced bridges, buildings (from skyscrapers to cinemas), ships, ocean liners, trains, cars, trucks, buses, furniture, and everyday objects like radios and vacuum cleaners. It got its name after the 1925 Exposition internationale des arts décoratifs et industriels modernes (International Exhibition of Modern Decorative and Industrial Arts) held in Paris. Art Deco combined modern styles with fine craftsmanship and rich materials. During its heyday, it represented luxury, glamour, exuberance, and faith in socia ...
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CalPERS
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".CalPERSFacts at a glance: general. January 2009. Retrieved December 24, 2008. In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits,CalPERSFacts at a Glance - Public Employees' Retirement Fund (PERF), 2020-21CalPERS. 2021. Retrieved October 09, 2021. and over $9.74 billion in health benefits.CalPERSFacts at a Glance - Health Benefits, 2019-20CalPERS. 2021. Retrieved October 09, 2021. CalPERS manages the largest public pension fund in the United States, with more than $469 billion in assets under management as of June 30, 2021. CalPERS is known for its shareholder activism; stocks placed on its "Focus List" may perform better than other stocks, which has given rise to the term "CalPERS effect".Sidel, Robin. " ...
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Prologis
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2021, the company owned 4,735 buildings comprising over one billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to ''The Economist'', its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves over 5,800 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, and other logistics tech equipment for purchase. History Prologis was formed in 2011 through the merger of AMB and ProLogis, both multinational real estate companies based in the United States. 19 ...
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California
California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the most populated subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento is the state's capital, while Los Angeles is the most populous city in the state and the second most populous city in the country. San Francisco is the second most densely populated major city in the country. Los Angeles County is the country's most populous, while San Bernardino County is the largest county by area in the country. California borders Oregon to the north, Nevada and Arizona to the east, t ...
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