Transamerica Pyramid

Transamerica Pyramid Center's Redevelopment to Create 6,500 Jobs and Generate $2.5 billion in Annual Economic Output

Retrieved on: 
Thursday, December 14, 2023

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.

Key Points: 
  • 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 .

SHVO Secures Historic Preservation Board Approval for Redevelopment of 407 Lincoln Road

Retrieved on: 
Wednesday, December 14, 2022

Additionally, the through-connection between Lincoln Road and Soundscape Park will be reinforced, creating a natural pathway between the two popular destinations.

Key Points: 
  • Additionally, the through-connection between Lincoln Road and Soundscape Park will be reinforced, creating a natural pathway between the two popular destinations.
  • Furthermore, it is the firm's second collaboration in Miami Beach with Foster + Partners, following the announcement of The Alton.
  • SHVO is a real-estate development and investment firm built on the vision of founder and CEO,Michael Shvo, to create culture-defining experiences in iconic properties.
  • Currently, the practice is involved in projects such as the New Slussen Masterplan inSweden,KuwaitInternational Airport, and 425 Park Avenue inNew York.

SHVO SECURES HISTORIC PRESERVATION BOARD APPROVAL FOR ONE SOUNDSCAPE PARK, FIRST PETER MARINO DESIGNED OFFICE BUILDING IN MIAMI BEACH

Retrieved on: 
Tuesday, November 8, 2022

MIAMI BEACH, Fla., Nov. 8, 2022 /PRNewswire/ -- SHVO, the culture-defining real estate development and investment firm, is pleased to welcome the Historic Preservation Board's approval for One Soundscape Park, a new ultra-luxury office property at 1665-1667 Washington Avenue in Miami Beach.

Key Points: 
  • Embracing a front row Soundscape Park exposure, the building features a refined, hospitality-driven lobby and five floors of vibrant office space with private loggia terraces for informal gathering.
  • Commissioned art and furniture play a central role in the project with Peter Marino curated pieces defining the porte-cochere and lobby.
  • Peter Marino, AIA, is the principal of Peter Marino Architect, a 160-person, New Yorkbased architecture practice founded in 1978.
  • Well known for integrating art within architectural designs, Peter Marino has commissioned more than 300 site-specific works of art.

SHVO ANNOUNCES DEVELOPMENT OF FIRST PETER MARINO DESIGNED OFFICES, ONE SOUNDSCAPE PARK, IN MIAMI BEACH

Retrieved on: 
Tuesday, September 20, 2022

MIAMI BEACH, Fla., Sept. 20, 2022 /PRNewswire/ -- SHVO, the culture-defining real estate development and investment firm, is pleased to reveal plans for a new ultra-luxury office property, One Soundscape Park, at 1665-1667 Washington Avenue in Miami Beach.

Key Points: 
  • Designed by frequent SHVO collaborator, renowned architect Peter Marino, the contemporary high-design and high-performance property One Soundscape Park is slated to elevate Miami Beach office standards with 52,500 square feet of Class A commercial space featuring panoramic exposures of Soundscape Park, South Beach, and the Atlantic Ocean.
  • "The vertical fins are designed to reflect an abstract version of classic 1930's shutters," according to Peter Marino.
  • "This perfectly represents the iconic feeling of sunny Miami Beach while significantly raising the bar for office space in South Beach."
  • Peter Marino, AIA, is the principal of Peter Marino Architect, a 160-person, New Yorkbased architecture practice founded in 1978.

SHVO TO DEVELOP "THE ALTON" - FIRST FOSTER + PARTNERS OFFICE BUILDING IN MIAMI BEACH

Retrieved on: 
Tuesday, July 5, 2022

MIAMI BEACH, Fla., July 5, 2022 /PRNewswire/ -- SHVO, the luxury real estate development and investment firm, closed on an assemblage including 1656-1680 Alton Road and 1677 West Avenue at the nexus of Lincoln Road. This significant site is targeting developing 250,000 square feet with over 300 feet of prime Alton Road exposure, grand terraced outdoor rooms, and panoramic views. 

Key Points: 
  • Joining a significant portfolio of Miami Beach assets including the famed Raleigh Hotel, this acquisition builds upon an established SHVO commitment to Miami Beach.
  • SHVO plans to develop unique Class A commercial space with renowned design firm Foster + Partners, recognized internationally for conceiving state-of-the-art office space.
  • The first Foster + Partners office building in Miami Beach, this development builds upon SHVO's collaboration with Foster + Partners at Transamerica Pyramid Center in San Francisco.
  • The Alton is slated for an emphatic commitment to quality, sustainability, and a conscious initiative to elevate the standard of Miami Beach office space.

SHVO ANNOUNCES EXCLUSIVE PARTNERSHIP WITH SAKS FIFTH AVENUE FOR MANDARIN ORIENTAL RESIDENCES

Retrieved on: 
Wednesday, June 15, 2022

NEW YORK, June 15, 2022 /PRNewswire/ -- Today, luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and Saks Fifth Avenue, the premier destination for luxury fashion. This first of its kind collaboration will provide residents at the New York and Beverly Hills properties with special in-residence offerings, VIP services and curated lifestyle programming.

Key Points: 
  • Residents of Mandarin Oriental Residences, Fifth Avenue and Beverly Hills to Receive Unprecedented Benefits
    NEW YORK, June 15, 2022 /PRNewswire/ -- Today, luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and Saks Fifth Avenue, the premier destination for luxury fashion.
  • Owners at the forthcoming Mandarin Oriental Residences, Fifth Avenue, located at 685 Fifth Avenue in New York City, and Mandarin Oriental Residences, Beverly Hills, at 9200 Wilshire Boulevard, will enjoy several exclusive cross-channel benefits bringing together the best from Saks' digital platform and in-store experiences, such as a dedicated Saks concierge and Saks Stylist, as well as exclusive experiences, such as private after hours in-store shopping, at-home styling appointments and same-day delivery.
  • "We're thrilled to collaborate with SHVO on this exclusive program to bring top-tier luxury fashion, beauty and lifestyle experiences to its Mandarin Oriental residences, Fifth Avenue and Beverly Hills."
  • Mandarin Oriental Residences, Fifth Avenue has twenty-nine floors and sixty-nine turnkey residences with views of Central Park, Fifth Avenue, and the Manhattan skyline.

SHVO Announces First West Coast Residences Collaboration With Mandarin Oriental At 9200 Wilshire In Beverly Hills

Retrieved on: 
Friday, September 10, 2021

NEW YORK, Sept. 10, 2021 /PRNewswire/ --SHVO, the luxury real estate development and investment firm, today announces plans for the first new condominium to be constructed in Beverly Hills in a decade, Mandarin Oriental Residences, Beverly Hills at 9200 Wilshire Boulevard.

Key Points: 
  • NEW YORK, Sept. 10, 2021 /PRNewswire/ --SHVO, the luxury real estate development and investment firm, today announces plans for the first new condominium to be constructed in Beverly Hills in a decade, Mandarin Oriental Residences, Beverly Hills at 9200 Wilshire Boulevard.
  • SHVO is also developing the Mandarin Oriental Residences at 685 Fifth Avenue in New York.
  • Mandarin Oriental Residences, Beverly Hills has begun pre-sellingwith closings expected in 2022.
  • Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences.

SHVO Announces First West Coast Residences Collaboration With Mandarin Oriental At 9200 Wilshire In Beverly Hills

Retrieved on: 
Friday, September 10, 2021

NEW YORK, Sept. 10, 2021 /PRNewswire/ -- SHVO, the luxury real estate development and investment firm, today announces plans for the first new condominium to be constructed in Beverly Hills in a decade, Mandarin Oriental Residences, Beverly Hills at 9200 Wilshire Boulevard. The project is financed through a joint venture between SHVO and Deutsche Finance America. SHVO is also developing the Mandarin Oriental Residences at 685 Fifth Avenue in New York.

Key Points: 
  • SHVO is also developing the Mandarin Oriental Residences at 685 Fifth Avenue in New York.
  • The property will be Mandarin Oriental's first West Coast residential location and the brand's first standalone residential concept to open in the United States.
  • Mandarin Oriental Residences, Beverly Hills has begun pre-sellingwith closings expected in 2022.
  • Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences.

Aegon sells the Pyramid building complex in San Francisco

Retrieved on: 
Thursday, October 29, 2020

Transamerica, Aegons business in the United States, has sold the Pyramid building complex which includes the Pyramid, 505 Sansome, the Redwood Park and other properties in the block bounded by Montgomery Street, Clay Street, Washington Street, and Sansome Street in San Francisco, to a joint venture led by Michael Shvo.

Key Points: 
  • Transamerica, Aegons business in the United States, has sold the Pyramid building complex which includes the Pyramid, 505 Sansome, the Redwood Park and other properties in the block bounded by Montgomery Street, Clay Street, Washington Street, and Sansome Street in San Francisco, to a joint venture led by Michael Shvo.
  • I am pleased that we have taken another step to strengthen our balance sheet with the sale of the Pyramid building complex, commented Lard Friese, CEO of Aegon.
  • Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia.
  • Today, Aegon is one of the worlds leading financial services organizations, providing life insurance, pensions and asset management.

NOW OPEN: Experience Sky-High Luxury at the New Four Seasons Hotel San Francisco at Embarcadero

Retrieved on: 
Thursday, October 1, 2020

SAN FRANCISCO, Oct. 1, 2020 /PRNewswire/ -- With a bold new look coupled with Four Seasons legendary service, Four Seasons Hotel San Francisco at Embarcadero is now open.

Key Points: 
  • SAN FRANCISCO, Oct. 1, 2020 /PRNewswire/ -- With a bold new look coupled with Four Seasons legendary service, Four Seasons Hotel San Francisco at Embarcadero is now open.
  • Just 20 minutes from San Francisco International Airport, the new Hotel is also a few blocks from the city's original Four Seasons on Market Street in the SoMa district, known for its world-class museums.
  • Every room and suite at Four Seasons Hotel San Francisco at Embarcadero offer panoramic views, allowing guests to spot such landmarks as the Golden Gate Bridge, the Transamerica Pyramid, Alcatraz Island, the Bay Bridge and San Francisco Bay.
  • In 2021, Four Seasons Hotel San Francisco at Embarcadero will introduce an all-new street level restaurant showcasing California's bountiful produce and world-renowned wines.