Articles Recently Tagged: One Rincon Hill

(15 posts)
Possible Site for another Rincon Hill Tower in Play

Possible Site for another Rincon Hill Tower in Play

Built in 1930, prior to which a number of residential buildings had resided on the Rincon Hill site, the two-story industrial building at 511 Harrison Street has served a number of commercial tenants over the past 85 years, was the site of One Rincon Hill’s original sales office, and... Read More »

The Economics Of A Rincon Hill Condo And Reality Check

The Economics Of A Rincon Hill Condo And Reality Check

Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking along with the unobstructed views. With monthly HOA dues of $724... Read More »

One Rincon’s Second Tower In Contract, Likely Going Condo

With less than half the tower’s 298 units currently occupied despite having started leasing in early 2014, One Rincon Hill’s northwest tower is reportedly in contract to be sold for $400 million.  And while currently operating as an apartment building, the application to clear the way for the individual... Read More »

Has A Million Really “Vanished” From The SoMa Community Fund?

According to the city, $925,666 appears to have “vanished” from the South of Market Community Stabilization Fund, money which was earmarked to fund improvements to local parks and pedestrian safety. According to the Association of Bay Area Governments, however, the money was properly disbursed to the developer of One Rincon... Read More »

Plans To Raze Prominent Rincon Hill 76 Station For Condos To Rise

Plans To Raze Prominent Rincon Hill 76 Station For Condos To Rise

It was only a matter of time, and now that time has come.  Plans to demolish the Union 76 Station on the northwest corner of First and Harrison have been filed.  And on the corner, a 185-unit residential building has been proposed to rise, adjacent to the 400-foot building... Read More »

99,750 Reasons Your Agent Might Now Be Bullish On One Rincon Hill

99,750 Reasons Your Agent Might Now Be Bullish On One Rincon Hill

If your agent has suddenly become bullish on One Rincon Hill unit #2904, a plugged-in tipster notes there might be more than one reason why: According to an email sent to agents yesterday, the One Rincon Hill sales office is now offering a 5 percent commission to the “buyer’s... Read More »

One Rincon Hill: The Ground Has Been Broken For Tower Two

One Rincon Hill: The Ground Has Been Broken For Tower Two

The ground has been broken for tower two at One Rincon Hill to rise. As we first reported earlier this year with respect to the 299-unit Phase II: “For the floor plans and unit layouts, Phase II will combine the two adjacent small one bedroom units at the center... Read More »

One Rincon Hill’s Tower Two Targeting June 11 Construction Start

One Rincon Hill’s Tower Two Targeting June 11 Construction Start

As we first reported with respect to One Rincon Hill’s Phase and Tower 2 in March: Construction is anticipated to start approximately June 1, 2012 and be completed in an estimated 26 months. The building design, unit size and unit mix can be summarized as a 50 story [or... Read More »

The One Rincon Hill Tower Two Timing, Design And Details Scoop

The One Rincon Hill Tower Two Timing, Design And Details Scoop

A plugged-in tipster over at One Rincon Hill delivers the design, timing and detailed scoop with respect to the second tower and One Rincon Hill Phase II: Construction is anticipated to start approximately June 1, 2012 and be completed in an estimated 26 months. The building design, unit size... Read More »

One Rincon Hill Phase II Partnership Interests Headed For Foreclosure

As a plugged-in tipster notes, the 64 percent partnership interest held by Urban West Rincon Developers II, LLC in the One Rincon Hill Phase II Limited Partnership and the entire general partner interest held by Rincon Developers Phase II, LLC have been scheduled for a foreclosure sale down in... Read More »