Related California Commences Leasing at Avery 450

Related California, Related Companies, San Francisco, Office of Metropolitan Architecture, Clodagh Design, Transbay, Salesforce, Google, WeWork, Amazon, Facebook
Image Credit: Related Companies

San Francisco’s exceptional new address announces the start of leasing and a Spring 2019 opening for exquisite luxury apartments, delivering an elevated lifestyle in the City’s newest, most desirable neighborhood

SAN FRANCISCO (March 4, 2019) – Related California, the West Coast affiliate of the nation’s largest privately-owned real estate firm, Related Companies, today announces the launch of leasing for its highly anticipated luxury apartments – Avery 450. Anticipating move-ins in spring 2019, Avery 450 is the luxury rental component of The Avery, the striking 56-story sculpted glass tower designed by Pritzker Prize-awarded Rem Koolhaas’ Office of Metropolitan Architecture (OMA), which also includes 118 luxurious condominium residences starting on the 33rd floor and The Shops at Avery Lane.

Avery 450 features studio, one- and two-bedroom apartments on floors 2-32 of the soaring 618’ tower. Featuring unprecedented amenities and services as well as rich interiors by Clodagh Design, the apartments include expansive floor-to-ceiling windows that maximize natural light and take in sweeping views of the San Francisco Bay and city skyline.

“Avery 450 sets a new benchmark for luxury apartment living in San Francisco,” said Gino Canori, Executive Vice President and Chief Development Officer at Related California. “Not only will residents have the unique opportunity to live in one of the City’s most exceptional new buildings, but also in the most desirable new neighborhood, the Transbay District. Each apartment has been thoughtfully-designed for discerning renters, who will be afforded a one-of-a-kind lifestyle, including Related’s signature service and amenities, in the heart of the city.”

The distinctive apartments feature wide-plank, white oak flooring throughout, keyless entry, NEST thermostat and premium Bosch appliances, including a washer and dryer in every apartment. Open gourmet kitchens are appointed with white quartz counters and a full-height Carrara marble tile backsplash atop custom Clodagh-designed walnut cabinets. Inspired bathrooms boast walnut vanities with polished white quartz counters and polished chrome fixtures, a full-height textured porcelain tile tub, mirrored medicine cabinets and porcelain tile floors.

Two sprawling floors of dedicated amenity space span across 25,000 square feet – offering an array of health, recreation and entertainment spaces. The extensive suite of amenities include an Equinox®-curated state-of-the-art fitness center, 60-foot indoor lap pool, a professional grade demonstration kitchen, media lounge and game room, business lounge with private conference rooms, landscaped outdoor terrace with barbecue and dining areas, and more. Avery 450 offers residents unparalleled service and hospitality with a 24/7-attended lobby with concierge, home manager and move-in coordination from Life Simplified by Related and Hello Alfred, on-site valet parking, and package delivery lockers.

Steps from Avery 450 are The Shops at Avery Lane, a thoughtfully curated collection of first-rate partners that will occupy 17,000 square feet of retail amidst a captivating courtyard – delivering the ultimate upscale neighborhood experience. Located only two blocks from the new Salesforce Transit Center and 5.4-acre Salesforce Park, and within walking distance to some of the world’s most influential corporations from Facebook and Google to WeWork and Amazon, Avery 450 provides convenient access to the new pulse of San Francisco as well as access to fine dining, world-class shopping, entertainment, culture and sports venues. 

The building makes an architectural statement in the city’s skyline thanks to the visionary work of OMA and represents the firm’s first-ever high-rise in San Francisco. Starting from an inviting ground floor presence accented by Portuguese limestone and bronze details, the tower boasts a striking glass façade that tapers at specific angles as it rises and provides homes with endless views in virtually every direction. In keeping with Related’s commitment to sustainability, the building is LEED Gold Certified.

Avery 450 is the latest development coming to market in San Francisco from Related, one of the nation’s preeminent developers of luxury residential properties. Related’s residential portfolio in California includes The Century, Ocean Avenue South, Argyle House and The Emerson in Los Angeles, and The Paramount, 1500 Mission and 1601 Mariposa in San Francisco. Related is also embarking on the development of City Place in Santa Clara, as well as The Grand LA, a 1.5 million-square-foot open-air mixed-use development designed by Frank Gehry in downtown Los Angeles. 

Avery 450 is located at 450 Folsom Street. Available apartments are priced starting from $3,550 for studios, $4,595 for one-bedrooms, and $6,650 for two-bedrooms. Move-ins for Avery 450 will begin in spring 2019. For more information, visit www.Avery450.com.

About Related California

Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California.  Related California has a long history of community partnership, having collaborated with more than 35 municipalities and over 25 non-profit organizations throughout California. 

Related California is currently developing more than $2 billion of assets in San Francisco, including The Avery, 1601 Mariposa and 1500 Mission. Combined, this includes nearly 1,500 residential units, 75,000+ square feet of retail and a 460,000-square foot office building, which will be owned by the City and County of San Francisco. Related California is also embarking on the development of City Place in Santa Clara, a 9.2 million-square-foot master plan that will include office, retail, hotel and residential across from the 49ers new stadium. Additionally, Related California recently delivered Argyle House, an 18-story luxury apartment tower in Hollywood adjacent to the landmark Capital Records building, and is also developing The Grand, a 1.5 million-square-foot open-air mixed-use complex designed by Frank Gehry in downtown Los Angeles.

About Related Companies

Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.  

Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s West Side. Related also manages approximately $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. 

Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company’s capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is also a partner in CORE, a boutique residential brokerage. For more information about Related Companies please visit www.related.com. 

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