Saturday, March 5, 2011

Golden Gate University eyes new highrise - San Francisco Business Times:

http://www.sumaqperu.com/en/about
Bob Hite, vice president of businesw affairs and CFO for GoldenGate University, said the university startedf discussing a plan to sell its 33,000-square-foot property at Missionb and First streets to a highrises developer about a year ago. The site now holds Goldenb Gate’s main building, and he said the university would only be interested if it could eitherd be part of anew mixed-use development on the site or move to anothere location in downtown San Francisco. Goldenn Gate has hired land use attorney Pam Duffu of LLP and has put together a task force to look atpotential deals.
Buzz about Golden Gate University’s interest in finding a developee for its site increased after a May 26 Planning Departmenty Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Missiojn St. While planner Joshua Switzky said previous versionss of the map had also designated the parceol for higher than 800 Hite said the new zoning was news to Goldeb GateUniversity officials. “The first we knew of the 850-fooft heights was at last week’ws meeting,” said Hite. “This is a change, and we thinok a very good change.

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