Rincon Hill Towers

Here’s a quick update on the SF Blu project:

Estimated first move-ins will be December 1, 2008

Several units in the Phase 1 release have gone into contract or are pending, most notably, the 3 bedroom two bath penthouse unit A listed for $3,395,000.

Hard hat tours into the building are available and can be scheduled in advance.

One unique feature of SF Blu is that all 6 of the second floor units feature large functional patio space for exclusive use.  Both the A & D floorplans have very generous outdoor space, although the A floorplan has one quirk, the extra large northwest corner patio is accessed directly through the master bedroom, all others connect through the living area.  Please call Scott to schedule a personal tour.

SF Blu has finally opened its doors and released its first phase of 11 units.  I had heard pricing would start at around $1000/psf and was skeptical that the BLU may be another overpriced luxury highrise .  Well, it’s NOT!  It’s well priced for today’s more competitive market.  The location at 631 Folsom St, near Folsom and Second St, in the heart of Soma, is perfect.  Second St spans from At&t park to the heart of the Financial district, with great restaurants and entertainment lining the neighborhood.

The 6 different 2 bedroom floorplans range in size from approximately 930 sq. ft. to over 1200 sq. ft.  Current release pricing ranges from $739,800 for plan 3E to $1,199,000 for the 17D floor-plan featuring 2 bedrooms and a den with bay, ballpark, and west city views.  There are also 6 tri-level penthouses with 3 bedrooms, 2 baths and a rooftop Solarium and patio.

Most of the 2nd floor units feature large private patios with nice afternoon sun exposure, a rare feature in the SOMA area.   In addition, these will be usable and functional patios, unlike many of the high-rises in the area where balconies can be too windy or cold much of the time.  Only the second floor units and penthouses have outdoor patio space.

 The finishes are top notch - Granite kitchen counters with under-mount sinks and European cabinetry.  Viking stainless appliances and Bosch dishwasher - all standard, no upgrades needed.  The baths have standard marble floors, counters and shower surrounds, frame-less glass shower enclosure and dual designer sinks.  In addition to the 24 hours lobby attendant and concierge services, there is a private rear garden terrace with fountain, BBQ and catering set-up facility.

 The A floor-plan should be popular with floor to ceiling glass windows for the entire unit.  It faces north towards the city and will have intimate street views for floors 2-5, with floors 6 and above opening up to more expansive city views.  The D & F floor-plans are the largest, slightly over 1200 sq. ft. with Southern exposures.

The 6 penthouses each feature their own rooftop decks and Solarium with unparalleled city and bay views.  Penthouse A has been release at $3,395,000.  I’d be happy to give you a tour and share my insights in the preconstruction buying experience.