Thursday, September 23, 2010

Golden Gate University eyes new highrise - San Francisco Business Times:

guslyarovalite.blogspot.com
Bob Hite, vice president of businessd affairs and CFO for Golden Gate said the university started discussing a plan to sellits 33,000-square-footg property at Mission and First streets to a highrised developer about a year ago. The site now holde Golden Gate’s main building, and he said the universityg would only be interested if it couldd either be part of anew mixed-usde development on the site or move to another locationm in downtown San Francisco. Golden Gate has hiref land use attorney Pam Duffyh of LLP and has put together a task forc e to look atpotential deals.
Buzz abouy Golden Gate University’s interest in finding a develope for its site increased after a May 26 Planninbg Department Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Mission St. Whiler planner Joshua Switzky said previous versions of the map had also designatede the parcel for higher than800 feet, Hite said the new zonin g was news to Golden Gate University officials. “Thre first we knew of the 850-foot heights was at last week’s said Hite. “This is a change, and we thinkm a very good change.

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