Rincon Hill Towers - Real estate & Mortgage info for Rincon Hill and San Francisco

Rincon Hill Towers

Real estate & Mortgage info for Rincon Hill and San Francisco

An update at One Rincon Hill

The status of the One Rincon Hill project has been updated in the Spring newsletter put out by the sales office at One Rincon Hill. Here is the latest on what is to come atop Rincon Hill:  

  • The groundbreaking ceremony for Phase II, a second tower to be built at the corner of Harrison St. and Fremont St., will be scheduled soon after the selection of the general contractor this summer, with pre-sales in 2009.
  • ORH is a phased-occupancy building and closings follow that schedule. Beginning in mid-April, closings begin for floors 27 to 60, on a floor-by-floor basis through Sept. 2008, when the penthouses on floors 56-60 are occupied.
  • The main entrance and lobby still have some details to finish. Craftsmen are installing stone to the front columns and a glass canopy. Meanwhile, the curved bank of 20 foot tall glass windows are awaiting window treatments.
  • Later in the summer, common areas will be completed. This will include a lap pool, hot tub and barbecue grill, surrounded by lounge chairs offering city views in every direction. Inside, just off the pool area, is a conference room and a large hospitality lounge which has already hosted several functions. The lounge has a 73″ flat screen TV, a baby grand piano and a full kitchen. Down the hall are men’s and women’s locker rooms, each with saunas. They are adjacent to a fitness center that offers an assortment of Precor and Nautilus equipment, as well as natural light and a stellar view of the Bay Bridge.
  • Townhomes are rising along Harrison Street. There are 14 in all, each with private entrances and terraces. Some have private elevators and poolside patios. Sales tours are anticipated in early fall.
  • The dramatic driveway up to ORH will be lined with 16 ft. trees, about 72 in all. This extensive landscaping surrounding the tower will be installed when Caltrains finishes work on the First St. on-ramp later this summer.
  • Currently, only a handful of homes remain available for sale in Phase I. The sales center has a waiting list for homes that may become available during the upcoming phase of closings.

To read the entire newsletter, click here.

Leave a Reply

You must be logged in to post a comment.