The groundbreaking for One Rincon Hill tower two is officially scheduled (and has now been publicly announced) for late January 2008. And sales of the 319 condos in tower two will likely commence around May/June.
With regard to tower one (which is sporting its new water tower and partial crown above), a couple of high floor units have in fact returned to the market including #5902 (perhaps the one to which a plugged-in reader alluded) and #5503 which will more or less offer the panoramic view of San Francisco and beyond below (asking $2,650,000):
And yes, as we reported in August, the first wave of closings and move-ins for tower one (floors 8-27) are expected to commence in January (or possibly early February), with floors 28-60 and the townhomes following later in the year (likely around August/September).
Oh, and those 30-year Rincon Hill bonds? We’ve been told they’re actually being offered by the developers of Rincon Towers (and not One Rincon Hill).
∙ One Rincon Hill: Now Accepting Online Registrations For Tower Two [SocketSite]
∙ One Rincon Hill: An Unofficial Update On The Timing Of The Two Towers [SocketSite]
∙ Rincon Towers: From Apartments, To Condos, To Apartments [SocketSite]