Jasper is a residential
skyscraper
A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
located at 514 Harrison Street in the
Rincon Hill
Rincon Hill ( Spanish ''Rincón'', meaning "corner") is a neighborhood in San Francisco, California. It is one of San Francisco's many hills, and one of its original " Seven Hills". The relatively compact neighborhood is bounded by Folsom Stre ...
neighborhood of
San Francisco
San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
,
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
,
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. The tower contains 320 residential units on 39 floors.
History
In 2006, Jackson Pacific Ventures entitled the site for a residential tower with 227 units. Jackson Pacific then sold the entitlements to Turberry Associates for US$30 million. The groundbreaking was delayed due to the
2008 financial crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
, and in 2010
Crescent Heights purchased the property for US$13 million.
In 2011, Crescent Heights re-entitled the property, changing the number of units from 227 to 320, while keeping the building the same height.
To make room for the new configuration, the number of studios was increased from 3 to 99, one-bedrooms decreased from 111 to 93, two-bedrooms were increased from 77 to 128, and all 36 three-bedrooms were removed.
[ By 2012, Crescent Heights received its building permits, and construction began in 2013.
According to planning documents, the building rises to the roof line, and the mechanical screening structures account for an additional .][ The first residents moved into the building in October 2015.]
See also
*List of tallest buildings in San Francisco
San Francisco, California, in the United States, has at least 482 high-rises, 58 of which are at least tall. The tallest building is Salesforce Tower, which rises and is the List of tallest buildings in the United States, 17th-tallest buildin ...
References
External links
*
{{Buildings in San Francisco, state=collapsed
Residential condominiums in San Francisco
Residential skyscrapers in San Francisco
South of Market, San Francisco