35-story Hotel and Residential Tower Proposed Atop Historic S.F. corner

August 29, 2016 • Source: • Posted in: Market News

A 35-story hotel and residential tower has been proposed atop a historic building at One Montgomery St. in San Francisco, in one of the largest development plans proposed north of Market Street.

New York-based developer 601W Cos. filed a preliminary application for a roughly 266,250-square-foot tower that would rise 500 feet.

Three possible plans have been filed, with various mixes of hotel and residential usage:

  • 234 hotel rooms and five market-rate residential units at the top five floors
  • 152 hotel rooms and 23 market-rate residential units
  • 52 market-rate residential units with no hotel rooms