45 Lansing; 7/20 SOMA
Turnberry Towers on the Way
March 3, 2008
Construction watch, commence: Turnberry Associates have leased the 25,000 square foot Fun Sound Factory nightclub at 525 Harrison Street (directly next door to One Rincon Hill’s sales office) for use as its own sales, marketing, and construction offices for the Turnberry Tower residences. HKS architects is on board as the designer for 45 Lansing Street, a building purchased by Turnberry Associates in 2006; the site will house 3 and 4-bedroom units. [SF Business Times]
Turnberry Towers Up in Rincon’s Grill
November 7, 2008
Oh, hope! Rincon dwellers, we hope you’re sitting down: looks like you’ll be getting those high-rises we know you really wanted after all. Or, well, at least one of them. Group 24 L.L.C. just bought in 50-50 with Turnberry on the latter’s Turnberry Tower, the $300 million, 40-story luxury condo building going up at 45 Lansing Street. The high-rise will house residences from one-bedrooms to townhouses, 1,000 to nearly 4,000 square feet, plus the requisite fitness center, 24-hour valey parking and concierge. And all across the street from Rincon Tower #1! Group 24 called it an <strong”extremely compelling=”” investment”<=”” strong=””>which is much-needed good news for Turnberry: the developer just last week cancelled construction on a huge residential tower project in Houston. This is just their first outing into the San Francisco market, so it’s a good thing they have a buddy.
