transbay8 Renderings4
450 Folsom and 250 Fremont
TNDC joined Related California on this ambitious project in the Office of Community Investment and Infrastructure’s designated Transbay Redevelopment Project Area in San Francisco. 450 Folsom is composed of a 55 story tower with 70 affordable rentals and 280 market rate rentals in levels 1 through 31. Market rate condominiums occupy levels 32 through 55. For more information, see https://www.450folsom.com/.

The other portion of this project, 250 Fremont, contains two mid-rise podium buildings. Two mid-rise podium buildings on adjacent parcels contain 79 rental units that are 100% affordable. Shared resident amenity spaces are distributed throughout the development, including a fitness center, roof garden, lounge terrace, and resident community garden. For more information, see https://www.250fremont.com.

450 Folsom is also referred to as “The Avery”.

Population: Families
Unit Mix: 80 1, 2, and 3-BR homes (Two mid-rise buildings); 70 1, 2, and 3-BR (Tower)
Completion Year: 2019

Manager and Lead Developer: Related California

Architect: OMA, Fougeron Architecture
Contractor: Webcor
Total Development Cost: $600M
Financing Sources: Inclusionary housing funds, conventional mortgage, OCII, 4% LIHTC
Our Role: Managing General Partner

Location: 450 Folsom and  250 Fremont Street, San Francisco

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