The Southern Pacific Building is one of three office buildings comprising

One Market Plaza 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, also known as "The Landmark", was completed in 1916, and incorporated into the d ...

along the Embarcadero in

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

. The historic 11-

story Story or stories may refer to: Common uses * Story, a narrative (an account of imaginary or real people and events) ** Short story, a piece of prose fiction that typically can be read in one sitting * Story (American English), or storey (British ...

, building, also known as "The Landmark", was started in 1916 and completed in 1917.

History

The building served as the headquarters for the

Southern Pacific Railroad The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...

after its move from the

Flood Building The Flood Building is a 12-story highrise located at 870 Market Street on the corner of Powell Street in the downtown shopping district of San Francisco, California completed in 1904 and designed by Albert Pissis. Situated on Powell and Market s ...

in 1917, ten years after SP had moved into the Flood Building in 1907. At its completion, the building's first floor was devoted to retail except for the portion facing the rear courtyard (opening to Mission Street), which was reserved for Southern Pacific. SP rented the second floor to a tenant, but occupied floors three through ten with various offices. For many years, the building was topped with a large sign emblazoned with a gothic "S·P". It was later incorporated into the 1976 One Market Plaza development which includes Spear Tower and Steuart Tower. By 1995,

Sam Zell Samuel Zell (born Shmuel Zielonka, September 28, 1941) is an American billionaire businessman and philanthropist. A former lawyer, Zell is the founder and chairman of Equity Group Investments, a private investment firm, founded in 1968. He has ...

owned One Market Plaza. However, Union Pacific Railroad was still the owner of One Market Street until the building was sold for to The Martin Group (TMG) in 1998. TMG invested another $50 million to renovate the property, including a seismic retrofit, completing work in 1999. Equity Office Properties Trust sold One Market Street to The Blackstone Group in February 2007, and Blackstone, in turn, sold One Market to Morgan Stanley in June 2007 as part of a large real estate acquisition. Morgan Stanley sold approximately half of One Market Plaza to The Paramount Group in July 2007. One Market Plaza was owned jointly by

Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...

(49% share) and The Paramount Group (51% share) until Morgan Stanley sold its share to Blackstone Real Estate Partners in 2014 for .

Design

When completed, One Market Street was hailed as the tallest steel-framed structure west of the Mississippi. The building is planned in the form of the capital letter "E", with the longest side, long, along Market Street. The wings on Spear and Steuart Streets are each long, and the central arm is occupied by elevators. It is designed in the

Italian Renaissance The Italian Renaissance ( it, Rinascimento ) was a period in Italian history covering the 15th and 16th centuries. The period is known for the initial development of the broader Renaissance culture that spread across Europe and marked the trans ...

style with details executed in Roman brick and terra cotta. The lobby was fitted with Colorado yule marble walls and an ornamental plaster ceiling. During the 1998–99 refurbishment, two of the eight original passenger elevators were eliminated and custom-sized modern elevator cabs were installed in the other six shafts, running on the original guide rails. The elevators had received a major redesign in 1956, when elevator operators were eliminated by automatic operation.

Gallery

File:A&E vol LI no 2 pg 60-2.jpg, Soon after completion in 1917 File:Southern Pacific Building, One Market Plaza, San Francisco, California (10753998384).jpg, In 2013, with

Spear A spear is a pole weapon consisting of a shaft, usually of wood, with a pointed head. The head may be simply the sharpened end of the shaft itself, as is the case with fire hardened spears, or it may be made of a more durable material fasten ...

and Steuart Towers rising in the background File:The Embarcadero (1956) (5302805044).jpg, The "S·P" sign from The Embarcadero (1956) File:A&E vol LI no 2 pg 61-1.jpg, Rear courtyard opening on Mission (1917) File:A&E vol LI no 2 pg 66-2.png, Cross-section drawing (parallel to Spear/Steuart)

Former Tenants

Southern Pacific The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...

Del Monte Foods Del Monte Foods, Inc (trading as Del Monte Foods) is an American food production and distribution company headquartered in Walnut Creek, California. Del Monte Foods is one of the country's largest producers, distributors and marketer of bran ...

Salesforce.com Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, an ...

Current Tenants

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 ...

Google Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. ...

Google signs massive SF office lease at former Salesforce headquarters
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References