SF Real Estate Part 1 – Foundry Square

As an investor and finance professional, I have always been drawn to real estate as an asset class. In a world full of assets and securities that boil down to simply numbers on a screen, real estate is one of the few assets that is truly physical/tangible. You can demolish it, remodel it, build it and most importantly transform a town, neighborhood or city.

Foundry Square is located at the intersection of 1st and Howard Street in the SOMA district of San Francisco. It’s comprised of four metal and glass structures that occupy each corner of the intersection and is 1.2 million square feet of (mostly) office space. The development was led by Wilson Meany, one of my favorite SF based real estate developers and was completed in multiple phases during the early/mid 2000’s.

Each building has an open corner to create an expansive, public and seemingly unified intersection. The heavy use of glass on the facade of each building not only creates a modern feel but it leaves you with a composed sense of openness and breathability. I think real estate structures can easily contribute to the perceived density and overcrowding of a city but Foundry Square is a good example of how buildings can enhance a space.

I compiled a few highlights of interior spaces below.

foundry-square-living-wall-by-habitat-horticulture-7

The lobby at 505 Howard Street with a living plant wall.

orrick-office-2A client floor reception desk at 405 Howard Street.

oRed Door Coffee Shop at 505 Howard Street.

img_0013A seating area at 405 Howard Street.

This is the first post of a series where I write about real estate or architecture within San Francisco. You can find Part 2 here.

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