Proposal by Developer Hines and Architect Pelli Clarke Pelli Formally Selected for Transbay Transit Center and Tower

SAN FRANCISCO--()--The board of directors of the Transbay Joint Powers Association (TJPA) today approved their competition jurys recommendation to enter into exclusive negotiations with the team of Hines and Pelli Clarke Pelli Architects for a new Transbay Transit Center and Tower in the center of San Franciscos business district. The TJPA conducted an international competition over the past nine months that generated designs from several world-renowned architects.

At the heart of the winning proposal is City Park, a five-and-a-half-acre public park that will sit atop the new transit center. In addition to being a generous amenity for a growing neighborhood, City Park will double as a green roof for the transit facility, one of many environmentally friendly building features.

Crowning these elements, an elegant 1,200-foot office tower will become a landmark addition to the San Francisco skyline and the tallest U.S. building west of Chicago. Designed to include state-of-the-art security, safety, and sustainability features, the planned 1.7 million-square-foot office tower will be developed, owned and operated by Hines.

It is a tremendous honor for our firm to have been selected, especially considering the quality of the other teams and designs, said Gerald D. Hines. This project includes the most innovative thinking from around the world in the fields of sustainability, transit design and urban planning. It will be one of the great places in San Francisco and a model for other cities.

I am incredibly happy and excited with the news that our proposal has been selected for the Transbay Transit Center in San Francisco, said architect Cesar Pelli. The Transit Center, with its accompanying tower, will have an immeasurable impact in the life and form of the city. We are looking forward to working with our clients, TJPA, and Hines, as well as the citizens of San Francisco to make this a successful and exciting project.

Hines entered the San Francisco market in 1979. To date, the firm has developed or redeveloped six projects and acquired another nine in the city. Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The Hines portfolio of projects underway, completed, acquired and managed for third parties includes more than 1,000 properties representing approximately 416 million square feet of office, residential, mixed-use, industrial, hotel, medical, retail and sports facilities, as well as large, master-planned communities and land developments. With offices in 68 U.S. cities and 15 foreign countries, and controlled assets valued at approximately USD 19.9 billion, Hines is one of the largest real estate organizations in the world.

Established in 1977, Pelli Clarke Pelli Architects (PCPA) has designed over 80 million square feet of urban, mixed-use projects for prestigious government, private, and corporate clients worldwide. The firms extensive portfolio includes the worlds largest private developments: Canary Wharf in London, World Financial Center in New York, International Finance Centre in Hong Kong, and Kuala Lumpur City Center in Malaysia and such significant transportation projects as Reagan National Airport in Washington DC, Haneda Airport in Tokyo, Canary Wharf Docklands Light Railway Station in London, and Richardson International Airport in Winnipeg. PCPA is committed to being a leader in environmentally responsible design. Beginning in 1994 with the design of the LEED EB Silver Owens Corning Headquarters developed with Hines, PCPA has designed many significant LEED rated projects, including the Solaire, the first LEED Gold high-rise in the United States. All of the firms current projects with Hines are LEED rated. PCPA has been honored with numerous awards, including the AIAs two most prestigious awards: the 1989 Firm Award and the 1995 Gold Medal for Cesar Pelli. In 2004, the firm was awarded the Aga Khan Award for Architecture for the design of the Petronas Towers.

Visit www.pcparch.com or www.hines.com for more information.

Contacts

Hines, Houston
George Lancaster, 713-966-7676
George_lancaster@hines.com

Contacts

Hines, Houston
George Lancaster, 713-966-7676
George_lancaster@hines.com