Cushman & Wakefield Selected As Commercial Leasing Agent Of Oceanwide Center Tower
“Oceanwide Center will contain the most forward-thinking, flexible and efficiently designed office space we have ever seen in San Francisco. As stunning as it will be to look at from the outside, the interior office environment and public spaces are really going to blow people away. There is simply nothing like Oceanwide Center in the city,” said Cushman & Wakefield managing principal JD Lumpkin (below).
Lumpkin will be leading leasing activities with executive managing director Mark Anderson with support from senior managing director Sandra Boyle, associate director of global brokerage services Stephen Llevano, senior managing director Xinyi McKinny in San Francisco, and managing principals Todd Beatty and Mike Moran in Silicon Valley.
The 2.4M SF mixed-use development on Mission and First streets will include 1.1M SF of office, a 171-room Waldorf Astoria hotel and 265 residential units between two towers.
The First Street Tower is designed by Foster + Partners and Heller Manus Architects and will stand 910 feet after completion and house 109 housing units. The office floors include side-core design creating expansive floor plates ranging from 26k SF to 32k SF. The foundation includes shafts that are more than 300 feet deep and drilled into Franciscan bedrock.
The base of the building will include a 26k SF “Urban Room” (rendering above) with 68-foot-tall ceilings. The area will have retail space and host a farmers market, concerts and other events. A water feature can be converted to a stage.
The building is targeting LEED Platinum and its structure provides seismic stability while using 30% fewer materials and being 30% lighter than other office buildings, according to Lumpkin.
The project also will incorporate two historic buildings at 78 and 88 First St, which will be renovated and offer retail and office.