REPORT: Presidio Bay Lined Up To Buy Debt On San Francisco Fed Building
📍 San Francisco California
4/10
Action Required
San Francisco hospitality conversion — interesting but 7 stories (at upper limit) and historic renovation limits structural steel scope. It's a retrofit not new construction, so steel scope would be supplemental/reinforcement rather than full frame. Monitor for project progression and GC selection. If Hathaway Dinwiddie, Swinerton, or another known partner is tapped, re-evaluate.
ConXtech System
❓ Unclear
Project Type
hospitality
Project Stage
Planning
Stories
7
Estimated Size
208000
Total Project Value
$50M-$80M
Estimated Steel Scope
$1M-$3M
Timeline Fit
Very early stage — acquisition through foreclosure not yet complete. Any renovation/conversion is 12-18+ months from steel work. Timeline too early for current pursuit window.
Fit Assessment
monitor
General Contractor
No GC Selected
Owner
Presidio Bay Ventures
Key Contacts
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Source: View Original Source →
Lead Status
Team Notes