Park Tower Developer Opens West Coast Office
The John Buck Company selects San Francisco for regional office
SAN FRANCISCO – January 7, 2016 – The John Buck Company, a vertically integrated real estate development and investment based in Chicago and with projects nationwide, has opened a West Coast regional office in San Francisco.
Located at Three Embarcadero, the office is headed by senior vice president Ben Kochalski. This is the first corporate expansion outside Chicago for the company in several years.
“We have been looking to make this move for some time and we believe this is exactly the right time to expand our corporate presence to San Francisco,” said Richard Lindsay, chief executive officer, The John Buck Company. “We have a strong belief in the fundamentals and dynamism of the West Coast, particularly the San Francisco Bay Area, and we look forward to building our presence here over the next few years,” he added.
The John Buck Company, in partnership with fellow Chicago developer Golub Co. and MetLife Real Estate Investments, broke ground late last year on Park Tower at Transbay, a 43-story pre-certified LEED Gold office tower which, when completed in 2018, will provide one of the most modern large blocks of space in the city with sweeping views of San Francisco Bay from almost three quarters of the building’s 750,000 rentable square feet.
Designed by renowned architect Goettsch Partners and Solomon Cordwell Buenz, Park Tower’s innovative design emphasizes bringing the “outside inside” to create a unique corporate environment within a high density, urban setting. The building will have more than 50,000 square feet of outdoor and open space including a ground floor park; 17,000 square feet of outdoor space on Floors 12 and 28; and 14 skydecks, each with about 1,000 square feet of private outdoor space. The building will also feature a dramatic open-air atrium lobby rising through the first three stories.
The building’s design allows for panoramic views from 70 percent of the floor space. Each floor features floor-to-ceiling window lines and minimal columns to maximize view corridors and enhance natural light within the workspaces. Floorplates range from 27,500 square feet at the base to 12,000 square feet in the upper floors to provide a broad array of options for tenants of varying size requirements. A subterranean garage with an advanced stacking structure allows parking for 128 vehicles.
About The John Buck Company
JBC is a vertically integrated real estate development and investment firm founded in 1981. The firm has completed more than $10.5 billion in real estate transactions and developed or redeveloped 41 million square feet of office and mixed-use projects as well as 2,300 residential units and 4,000 hotel keys. For more: http://www.tjbc.com