Transamerica Pyramid Center's Redevelopment to Create 6,500 Jobs and Generate $2.5 billion in Annual Economic Output
SAN FRANCISCO, Dec. 14, 2023 /PRNewswire/ -- SHVO and HR&A Advisors, an industry-leading economic development and research firm, today released a comprehensive analysis concluding that the redevelopment of Transamerica Pyramid Center is expected to generate $2.5 billion in economic output and create 6,500 jobs on an annual basis upon completion.
- SAN FRANCISCO, Dec. 14, 2023 /PRNewswire/ -- SHVO and HR&A Advisors, an industry-leading economic development and research firm, today released a comprehensive analysis concluding that the redevelopment of Transamerica Pyramid Center is expected to generate $2.5 billion in economic output and create 6,500 jobs on an annual basis upon completion.
- The key findings of the HR&A Advisors report include the following:
SHVO's redevelopment of Transamerica Pyramid Center will lead to the creation of 2460 jobs and generate approximately $513 million in economic output over the course of the construction period. - Upon stabilization, Transamerica Pyramid Center is expected to generate 6500 jobs annually and $2.5 billion in economic annual output.
- The economic report by HR&A Advisors, as well as renderings and images of Transamerica Pyramid Center, can be accessed here .