“The first phase of [Trinity Plaza] construction, some 440 units on the Mission Street side of the property, includes 360 “replacement” studios to house the rent-control tenants now living in the Trinity rental complex. The remaining 80 units will feature one-bedrooms: 68 market-rate and 12 below-market rate. The address of the first building will be 1188 Mission St.
[Trinity Properties Chief Financial Officer Walter Schmidt] said shoring and excavation will begin shortly and take the project into 2008 when the “pile and foundation program” will start. Trinity officials estimate that it will take two years to finish the first phase and move existing tenants over.
In all, the project will include four phases. After 1188 Mission St. is completed, the next building will be 545 units on Market Street, which will include 21,000 square feet of retail space and a large public plaza allowing pedestrians to pass through from Mission to Market Street.
The final building phase will add 915 units and include a building along Eighth Street and another west of the 1188 Mission St. structure.”
∙ Massive excavation to begin at Trinity Plaza [Business Times]
∙ Trinity Plaza: Just One Signature (And Around Three Years) To Go [SocketSite]