One Market Plaza is a complex of three office buildings at
1 Market Street along the
San Francisco Embarcadero. The historic 11-story
Southern Pacific Building
The Southern Pacific Building is one of three office buildings comprising One Market Plaza along the Embarcadero in San Francisco, California. The historic 11-story, building, also known as "The Landmark", was started in 1916 and completed in 1 ...
, also known as "The Landmark", was completed in 1916, and incorporated into the development in 1976 that includes the 43-storey Spear Tower, and the 27-storey, Steuart Tower. At over 1.5 billion pounds, the complex is considered the heaviest development in San Francisco.
History
The plaza is first owned by
Morgan Stanley Real Estate and Paramount Group. Later in 2007, Paramount Group purchased a half-interest from Morgan Stanley for $720 million. By 2014, Paramount controlled a 51% stake and the rest by Blackstone.
[
The complex was renovated in 1996 by the architect firm César Pelli & Associates Architects. In Spring 2014 a new renovation began, which was completed in 2016.
After Southern Pacific's merger with Union Pacific, the Landmark building was sold to The Martin Group in 1997 for $50 million, after plans by another developer to convert the building to a hotel fell through. An $88 million renovation brought modern amenities such as air conditioning and hot water to the building. It later hosted the headquarters of Del Monte Foods for ten years on the building's top three floors. In 2018, Google took lease of 300,000 sqft at The Landmark.]
Tenants
As of 2017, Google, as the anchor tenant, occupied 321,680 sqft. Others are Morgan, Lewis & Bockius
Morgan, Lewis & Bockius LLP is an American multinational law firm with approximately 2,200 legal professionals in 31 offices across North America, Europe, Asia, and the Middle East. Mergers with other law firms stimulated global growth and led to ...
, Autodesk
Autodesk, Inc. is an American multinational software corporation that makes software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Autodesk is headquartered ...
, Visa Inc.
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded cred ...
and Capital Research.
Gallery
File:San Francisco - Southern Pacific Building 01.jpg, The Market street facade of the Southern Pacific Building
The Southern Pacific Building is one of three office buildings comprising One Market Plaza along the Embarcadero in San Francisco, California. The historic 11-story, building, also known as "The Landmark", was started in 1916 and completed in 1 ...
File:Steuart_Tower_and_Spear_Tower.jpg, Steuart Tower and Spear Tower from the ground
See also
* San Francisco's tallest buildings
References
*
External links
*
*
{{Buildings in San Francisco, state=collapsed
Skyscraper office buildings in San Francisco
Market Street (San Francisco)
Buildings and structures completed in 1916
Buildings and structures completed in 1976
Financial District, San Francisco
Welton Becket buildings