SAN FRANCISCO (KCBS)—A ceremonial groundbreaking was held Wednesday in San Francisco for the 61-story Transbay Tower at First and Mission Streets. It will be the tallest building on the West Coast and will serve as the focal point of the new transit hub under construction.
As he accepted a check on the site for more than $192 million from developer Boston Properties, Mayor Ed Lee said it symbolizes the great confidence investors have in San Francisco.READ MORE: 1 Dead, 2 Injured In Separate Falls During Phish Concert At Chase Center
“When this transit tower is complete it will have the impact of transforming the city skyline with the tallest structure west of the Mississippi,” said Lee.
Supervisor Jane Kim is chair of the Transbay Joint Powers Authority, which is responsible for the record land sale transaction.