KPMG Building

KPMG Building
Alternative names 55 Second Street
One Second Street
General information
Status Complete
Type Commercial offices
Architectural style Postmodern
Location 55 Second Street
San Francisco, California
Coordinates 37°47′19″N 122°24′01″W / 37.7887°N 122.4003°W / 37.7887; -122.4003Coordinates: 37°47′19″N 122°24′01″W / 37.7887°N 122.4003°W / 37.7887; -122.4003
Construction started 2000
Completed 2002
Cost US$110 million
Owner Hines Interests Limited Partnership
Management Hines Interests Limited Partnership
Height
Roof 100 m (330 ft)
Technical details
Floor count 25
Floor area 41,063 m2 (442,000 sq ft)
Lifts/elevators 8
Design and construction
Architect Heller Manus Architects
HKS Architects
Developer Cousins Properties, Inc.
Myers Development Co.
Structural engineer Louie International
Glumac International
Main contractor Hathaway Dinwiddie
References
[1][2][3][4]

The KPMG Building is a 25-story, 100 m (330 ft) Class A office building in the financial district of San Francisco, California, designed by Heller Manus, and completed in 2002.[5]

History

When the building was first proposed by Jaymont Properties in 1989, the project was called One Second Street.[6] The development was slowed by the early 1990s recession in the United States but was eventually approved in February 1998.[6]

In November 1999, Jaymont sold the development site to a partnership of Cousins Properties Inc. and Myers Development Company for US$22 million.[7] Groundbreaking took place in May 2000 and the building was completed in March 2002.[8][9]

In September 2004, Cousins/Myers sold the building to an affiliate of Hines Interests Limited Partnership for US$146.4 million.[10]

Like many other buildings in the area, 55 Second Street contains a public space, described by the San Francisco Chronicle as "a big room with hardwood floors, skylights and grand leather chairs, like a private club", which is located on a mezzanine level.[11]

Major tenants

See also

References

  1. "KPMG Building". CTBUH Skyscraper Database.
  2. KPMG Building at Emporis
  3. "KPMG Building". SkyscraperPage.
  4. KPMG Building at Structurae
  5. "Hines Acquires 55 Second Street And 101 Second Street In San Francisco" (Press release). Hines Interests Limited Partnership. 21 September 2004. Retrieved 1 September 2010.
  6. 1 2 "SAN FRANCISCO PLANNING COMMISSION MOTION NO. 14542" (PDF). February 12, 1998. Retrieved November 22, 2013.
  7. "Cousins, Myers close on development site". San Francisco Business Times. November 17, 1999. Retrieved November 22, 2013.
  8. "Cousins and Myers Commence One Second Street: Major Tenants Signed for New San Francisco Office Tower". Myers Development Company. May 2, 2000. Retrieved November 22, 2013. Cousins Properties Incorporated and Myers Development Company today announced the commencement of One Second Street, a 374,000 square foot Class "A" office tower located in the heart of San Francisco's Financial District.
  9. "Myers Development Company (Projects > Commercial > KPMG Building)". Retrieved November 22, 2013.
  10. "Cousins/Myers Partnerships Sell San Francisco Office Buildings for $287 Million" (Press release). Cousins Properties Incorporated via BUSINESSWIRE. September 21, 2004. Retrieved November 22, 2013.
  11. Nolte, Carl (2015-08-01). "Vibrant center of city's future a good place to grab lunch". SF Chronicle. Retrieved 2015-08-02. ... most of the streets are sunny and many have public plazas, an amenity the city requires of potential developers. There are 64 of these public places in private buildings [...] all sandwiched in less than a square city mile. One of the best of these public spaces is at 55 Second St., on a mezzanine up a set of polished stairs. Here is a big room with hardwood floors, skylights and grand leather chairs, like a private club. The public is welcome to sit, read, eat lunch or just hang out.


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