4 ms·
It should be remembered that until quite recently there was an extreme lack of office space in San Francisco. Construction of new office space in the city is r
by m0llusk 5y ago
It should be remembered that until quite recently there was an extreme lack of office space in San Francisco. Construction of new office space in the city is rationed because of the perception of an imbalance with residential space. On top of that Salesforce was infamous for having an insatiable appetite for office space exhibited by leasing whole buildings before construction was finished. Even a fractional return to normal could quickly use up all of the available space. The idea that it is time to convert office space to residential is not solid and ignores the laws against converting anything into new office space again if the balance changes.
San Francisco has a history of converting office buildings into residential space with some notable examples within blocks of the Salesforce building. The Palms on Fourth between Bryant and Brannan is an example of this. Compared to the cost of housing in the area the complications involved with remodeling are actually rather minor, especially for new modern construction like this recently finished building.