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San Francisco's Newest Residential Tower Presents a Rare and Likely Final Opportunity to Own Directly on the City's Coveted Waterfront
SAN FRANCISCO, July 25, 2018 /PRNewswire/ -- SRE Group Ltd, The John Buck Company, and Paramount Group, Inc. have officially unveiled the stunning vision for One Steuart Lane, a 20-story, last-of-its-kind condominium development situated directly along San Francisco's waterfront. Designed by world-renowned architecture firm Skidmore, Owings & Merrill (SOM), One Steuart Lane will evoke a sense of timeless elegance and sophistication, emulating the vast natural beauty that surrounds it.
The 120 residences will comprise one- to three-bedroom floor plans as well as penthouse residences that will range in size from approximately 900 to 3,100 square feet. Each residence will boast floor-to-ceiling windows with elevated ceiling heights displaying extraordinary natural light, with many featuring private balconies or terraces which will boast direct, unobstructed views of the Bay Bridge and Ferry Building. Envisioned by a team of internationally renowned designers, the rich interiors will conjure a sense of classic elegance with the finest finishes and fixtures available. A thoughtfully curated collection of amenities and services will include a residents' lounge with full kitchen, dining and outdoor gathering spaces, private fitness center, spa with water therapy showers and sauna, outdoor jacuzzi surrounded by a sun terrace, 24-hour lobby and valet attendants along with an approximately 4,500-square-foot retail space.
"One Steuart Lane represents an opportunity that will likely never again exist in San Francisco. From the meticulously designed residences set squarely on the waterfront to the unparalleled views and prime location, One Steuart Lane offers a world-class urban lifestyle for buyers who seek a private sanctuary but still desire a connection to the heart of the city," said Ben Kochalski, Principal, The John Buck Company. "The San Francisco market has proven ready for a building of this caliber right now as tech titans open new offices in the city. With limited for-sale inventory slated to hit the market in the coming years, demand will grow for upscale housing that offers subtle, yet high-class design elements and is conveniently located next to the growing tech hub."
To achieve a vision that evokes both elegance and modernity, the development team engaged SOM and Rottet Studio to conceptualize a design that uniquely expresses the indoor-outdoor lifestyle of California living. Targeting LEED® Gold certification, One Steuart Lane will also boast a minimally reflective, ultra-clear glass facade that will take advantage of the abundant sunlight and cool ambient climate in San Francisco to passively heat the residences and reduce energy consumption.
"One Steuart Lane's ambition is to match the best site on the West Coast with truly world class architecture. The building connects owners visually and literally with the extraordinary natural and urban beauty of San Francisco. Pairing this architecture with Rottet Studio's renowned interiors brings a level of design to our waterfront on par with the best residences in the world," added Mark Schwettmann, Design Director of SOM in San Francisco.
Nestled on the corner of Howard and Steuart Streets, One Steuart Lane's position on the waterfront and adjacent to Rincon Park will solidify it as an urban sanctuary tucked away from the hustle and bustle of the city. Located within a short walk of San Francisco's financial, recreational and cultural centers, residents will enjoy unparalleled access to restaurants, retail and entertainment options, as well as a wide network of transit options, such as San Francisco's Ferry Terminal, the new Transbay Terminal, BART and the I-80 East Freeway.
One Steuart Lane is under construction with an anticipated completion in early 2021. The sales gallery is expected to open in 2020 and sales are being led by leading West Coast condominium sales and marketing company Polaris Pacific.
For more information, visit www.onesteuartlane.com.
SRE Group Ltd
Founded in 1993, SRE Group Ltd. was listed on The Stock Exchange of Hong Kong Ltd. (Stock code: 01207.HK) in 1999 and became a member enterprise of CMIG Jiaye under the China Minsheng Investment Group in 2015. After more than 20 years of development and growth, SRE Group Ltd. has successfully made footprints with a number of high-end residential and mixed-use projects in more than 20 major cities including London, San Francisco, Sydney, Hong Kong, Beijing and Shanghai. In accordance with the concept of "Finance + Industry + Real Estate" integration, and to accelerate the enterprise transformation progress, SRE Group Ltd. implements a dual driven strategy of real estate investment and development to gradually build three core businesses: financial city complex development, characteristic town development, as well as asset mergers and acquisitions.
The John Buck Company
Founded in 1981, The John Buck Company has an established track record and reputation as a premier, vertically-integrated real estate investment, development and operating company focused on major U.S. urban markets. Since inception, JBC has made principal investments in assets comprising more than $6.7 billion of gross value and acquired, developed, or redeveloped over 42 million square feet of office, multifamily, residential and mixed-use properties.
Paramount Group, Inc.
Paramount Group, Inc. is a best-in-class owner, operator and manager of Class A office properties in supply-constrained, high barrier-to-entry markets such as New York, Washington, D.C. and San Francisco. Since 1978, Paramount Group has been the landlord of choice for the world's largest names in the financial, legal, professional service and media industries – a true testament to the quality and location of its properties combined with its sterling reputation for hands-on tenant service.
SOM
Skidmore, Owings & Merrill LLP (SOM) is one of the leading architecture, interior design, engineering, and urban planning firms in the world. Since its founding more than 80 years ago, SOM has earned a reputation for design excellence with a portfolio that includes some of the most important architectural accomplishments of the 20th and 21st centuries and has been a leader in the research and development of specialized technologies, new processes and innovative ideas, many of which have had a palpable and lasting impact on the design profession and the physical environment.
Media Contact:
Erica Feher / Kathryn Pleiss / Amy Rossetti
Murphy O'Brien Public Relations
onesteuartlanepr@murphyobrien.com
310.586.7180
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