Tishman Speyer And MTC Announce Completion of New Park Created From Public/Private Partnership Insoma/Rincon Hill

San Francisco, Tishman Speyer, Metropolitan Transportation Commission, Rincon Place, Bay Area Metro Center, Pamela Burton & Company, Santa Monica, LUMINA, Bay Area Metro Center

Named “Rincon Place,” the Park Provides a Mid-Block Passageway Connecting the 300 Block of Beale and Main Streets

San Francisco – September 27, 2017 – Tishman Speyer and the Metropolitan Transportation Commission (MTC) today announced the completion of Rincon Place, a new park that runs east-west between Main and Beale Streets in the SoMa/Rincon Hill neighborhood of San Francisco. The new open space is situated between Tishman Speyer’s high-rise luxury community LUMINA and the Bay Area Metro Center regional agencies’ headquarters, and will provide local residents and office workers alike with a community gathering space. The park was introduced at an MTC Commission meeting and neighborhood community event earlier today.

“Rincon Place adds an open green space to the growing high-rise urban landscape of SoMa,” says Carl Shannon, Senior Managing Director at Tishman Speyer. “The new park provides an inviting neighborhood gathering space, and is a great example of a private/public partnership between our firm and the MTC.”

“We are thrilled to have this urban oasis right outside our building,” saysSteve Heminger, Executive Director of MTC, which spearheaded redevelopment of the Bay Area Metro Center. “Rincon Place is a peaceful and relaxing space available to everyone that enters and exits the Bay Area Metro Center.”

Rincon Place measures about the length of a football field and is just over 50 feet wide. The park includes amenities such as landscaped benches, decomposed granite patios, boulder seating areas, and bike racks. Additional bicycle amenities adjacent to Rincon Place include the recent addition of a Ford Go-Bike bicycle share station on Beale Street. To bring the community together in a rapidly expanding area, Rincon Place features a small amphitheater with landscaped seating for live entertainment. Pamela Burton & Company of Santa Monica is the landscape architect for the park.

“We look forward to Rincon Place becoming a highly used and much-loved addition to the Rincon Hill neighborhood, and a welcome relief from the surrounding urban environment,” says Burton. “Just as early infrastructural moves carved into the original Rincon Hill, this new park cuts into the urban fabric to expose sedimentary layers of the city, and incorporates ancient plants like gingkoes, ferns, and cycads.”

About Pamela Burton & Company:
Pamela Burton & Company is an internationally recognized and respected landscape architecture firm that specializes in integrating the disciplines of art, architecture, and landscape. The Santa Monica-based Corporation employs fourteen professional landscape architects and designers and offers comprehensive landscape design for civic, institutional, commercial, and residential clients.The company combines a passion for plant materials and for the history of landscape architecture to create designs that evolve from a site’s cultural and physical environment. For more information visit:www.pamelaburtonco.com.

About the Bay Area Metro Center:
The Bay Area Metro Center is a vital new center for regional collaboration in San Francisco’s burgeoning East Cut neighborhood. The renovated 1940s-era government building at 375 Beale Street opened in 2016 as the joint headquarters of the Metropolitan Transportation Commission (MTC), the Association of Bay Area Governments (ABAG) and the Bay Area Air Quality Management District (Air District). The eight-story, 500,000-square-foot building is also home to private tenants including Twilio, Inc., Degenkolb Engineers, and Rutherford + Chekene, as well as the FasTrak Customer Service Center, Ada’s Café and The Hub, a one-stop resource shop that provides access to products and services offered by the regional agencies.

MTC is responsible for planning, financing and coordinating transportation for the nine-county San Francisco Bay Area(www.mtc.ca.gov). ABAG supports regional planning and cooperation among the cities and counties of the San Francisco Bay Area(www.abag.gov). The Air District regulates stationary sources of air pollution in the nine counties that surround San Francisco Bay (www.baaqmd.gov).

LUMINA represents the best of high-rise luxury living. Located at Main and Folsom Streets, where SoMa meets the Embarcadero, LUMINA offers 656 modern residences with dramatic city and bay views and world-class amenities, including a bi-level club lounge, private dining room with a chef kitchen, theater and business center. The Jay Wright-designed state-of-the-art fitness center includes a climbing wall and two private exercise studios, spa facilities with a private treatment room, and a 70-foot lap pool. There is also an outdoor landscaped rooftop terrace with barbecue facilities, fire pits, outdoor screening facilities and more. For more information, please visit LUMINASF.COM, or visit us on Twitter or Facebook.

About Tishman Speyer (www.tishmanspeyer.com)
Tishman Speyer is a leading owner, developer, operator and fund manager of first-class real estate around the world. Founded in 1978, Tishman Speyer is active across the United States, Europe, Latin America and Asia, building and managing premier office, residential and retail space in 30 key global markets for industry-leading tenants. The firm has acquired, developed and operated a portfolio of over 165 million square feet with a total value of approximately US $83 billion spread over 402 assets. Signature assets include New York City’s Rockefeller Center and Chrysler Center, São Paulo’s Torre Norte, The Springs in Shanghai, Lumière in Paris and OpernTurm in Frankfurt. Tishman Speyer currently has projects at different stages of development in Atlanta, Boston, Brasília, Chengdu, Frankfurt, Gurgaon, Hyderabad, Los Angeles, New York City, Paris, Rio de Janeiro, San Francisco, São Paulo, Shanghai, Shenzhen and Washington, DC. The firm also operates portfolios of prominent office property portfolios in Chicago and London.

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