One Henry Adams Brings 241 Residences and 8,600 SF of Neighborhood-Serving Retail, Including San Francisco Favorite ‘The Grove’ Opening in April, 2017.
(San Francisco, CA – February 10, 2017) – Equity Residential’s newly opened One Henry Adams launches with 91 residences leased and The Grove restaurant slated to open in April, 2017, announced Jim Kelly, First Vice President of Development for Equity Residential. The 241-residence, 280,000 square foot apartment community in the Showplace Square neighborhood of San Francisco, constructed by Suffolk Construction and designed by BAR Architects, was developed at a total cost of $164.4 million.
John Hyjer, First Vice President of Investments offered, “We are clearly pleased that our new apartment communities are resonating with San Francisco residents. In fact, our Potrero 1010 apartment community in Potrero Hill, which also houses gallery space and the graduate school extension for the California College of the Arts, had 97% of its 453 apartments leased within the first year of its opening. We’re looking at some solid leasing momentum.”
“We’ve done our utmost to create outdoor spaces and community gathering spaces throughout these new communities,” offered Kelly, “in addition to design aspects in the apartments and amenities that our residents have expressed a desire to have onsite. Listening to our existing and future residents has allowed us to integrate innovative spaces and a level of quality that is proving to have great appeal to City residents.”
One Henry Adams’ design integrates both the look and feel of its light industrial surroundings, while incorporating modern amenities and conveniences. The two, six-story buildings have clean lines that frame classic proportions. The exteriors incorporate zinc and stainless steel, alternating with brick and timber, visually tied together by expansive glass windows. The two buildings are separated by a 65’-wide, park-like paseo that connects Henry Adams St. to Rhode Island St., allowing for pedestrians to easily access street level retailers and outdoor dining opportunities.
The resident amenities at One Henry Adams are on par with the finest in the City. There’s a rooftop terrace with an outdoor kitchen, lounge chairs and spectacular views of downtown; a large fitness center with high ceilings and the latest equipment; multiple lounges with WiFi, HDTV’s, farm tables, and comfortable seating; a club room with demonstration kitchen; two private outdoor courtyards with fireplace and grilling areas; 1:1 bicycle parking with tool racks and a repair station; and a dog spa.
About Equity Residential
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets where today’s affluent renters want to live, work and play. Equity Residential owns or has investments in 306 properties consisting of 78,181 apartment units, primarily in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California. For more information on Equity Residential, please visit our website at www.equityapartments.com.