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JMA Proposes 52-Story, $346M MXU Tower in San Francisco

San Francisco-based JMA Ventures plans to develop a 52-story mixed-use tower at 45 Third St. in downtown San Francisco. The $346-million development is proposed on a site owned by the Hearst Corp. that currently houses the 11-story Hearst Parking Center.

The mixed-use high-rise is envisioned for 354 residential units, both for rent and for sale, 313 hotel rooms, 50,000 square feet of office and 313,590 square feet of retail uses. The Skidmore, Owings & Merrill-designed project would rise 600 feet.

The design team indicates the tower will engage Third Street with an Art Walk that extends the length of the block from Stevenson to Jessie Street. A landscaped space atop the tower’s podium would provide an outdoor recreation area, with a glass enclosed swimming pool for year-round use, a cascade of north-facing terraces provide panoramic city and Bay views, and a spiraling extension of the tower’s façade would yield wind-protected outdoor space atop the tower.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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