SAN FRANCISCO — Oceanwide Holdings has broken ground on Oceanwide Center, a mixed-use development in San Francisco. The project consists of two towers at First and Mission streets.
The First Street tower will be the second-tallest structure in San Francisco at 910 feet and will include 109 high-end condos and flexible office space. The Mission Street tower will include the Waldorf Astoria San Francisco hotel and 156 condos.
Oceanwide Center contains 2.4 million square feet in total, of which 26,000 square feet will be dedicated to new public spaces and pedestrian connections. A 68-foot-tall public square or “Urban Plaza” adjacent to First Street will highlight a large and interconnected set of open spaces and public plazas. The project is slated for completion by 2021.
The architectural design team includes Foster + Partners and Heller Manus Architects. Designed by landscape architect Kathryn Gustafson, the “Urban Plaza” will feature outdoor seating, a bicycle hub and a special events terrace for live music, farmers’ markets and cultural exhibitions.
Oceanwide Center also includes the renovation and restoration of the historic buildings at 78 and 88 First St. These buildings will provide additional office and retail space.
Swinerton and Webcor are the builders on the project.
Oceanwide Holdings is a real estate developer based in Beijing.
— Kristin Hiller