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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
- ◦Development



