Caltrain and Prologis Unveil Group of Towers With 2,500 Housing Units Proposed For Railyards Redevelopment Project
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Caltrain and Prologis Unveil Group of Towers With 2,500 Housing Units Proposed For Railyards Redevelopment Project
"The first phase of the development would include a "world-class" transit station at 4th and King streets with an 850-square-foot tower above it, according to published plans. Several other towers stepping down in height would later join it, and the Chronicle notes that one tower of unclear height would be at 7th and King streets."
"A component of the eventual development would be moving Caltrain's tracks underground and with that comes a connection to the still unfunded Portal project, formerly DTX or the downtown underground extension of the tracks that will ultimately bring them, and the still hypothetical high-speed rail, under Second Street and into Salesforce Transit Center."
"Prologis says, the Railyards project can get underway with or without the Portal, because that can just be added on later. (Though it would seem like doing all that digging at once would make more sense? Suffice it to say, for anyone who lives in the area, things are going to be getting dug up for a very long time once all this starts.)"
Prologis has submitted an application for a massive 20-acre Railyards redevelopment project between SoMa and Mission Bay, with a development timeline of 15 to 20 years. The first phase includes a world-class transit station at 4th and King streets with an 850-square-foot tower, followed by additional towers of varying heights stepping down in scale. The project involves moving Caltrain's tracks underground and connects to the Portal project, which would extend tracks under Second Street to Salesforce Transit Center. However, Prologis states the Railyards development can proceed independently of Portal's funding status. Published renderings show streetscape improvements but strategically avoid displaying the full scale of proposed buildings.
Read at sfist.com
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