URBAN LAND DEVELOPMENT ANNOUNCES LEASING OF 531 BRYANT IN SOUTH PARK NEIGHBORHOOD OF CENTRAL SOMA
First Ground-up Trophy Office Building Attracts Office Tenants Seeking High Tech/Low Touch Indoor/Outdoor Environment in Mid-Rise Workplace
SAN FRANCISCO (Sept. 30, 2021) - Urban Land Development (“ULD”), a full-service real estate development firm based in San Francisco, and it’s privately held real estate fund Urban Land Capital (“ULC”), today announce the start of leasing at 531 Bryant in the South Park neighborhood of Central SOMA. 531 Bryant will be South Park’s first ground-up trophy office development, designed and built with a targeted focus on today’s high tech/low touch outside healthy workplace environment.
“ULD is committed to providing the ‘right model’ for today’s workplace, which means ensuring a safe, healthy office environment with an abundance of outdoor space for working, dining, and relaxing. The building is designed to deliver 100% outside air, interconnecting stairs with floor-to-ceiling glass, and stunning views of downtown San Francisco,” said ULD Managing Director Susan Sagy. “The 531 experience is about delivering a work environment that will attract employees back to the office by being in a technology-rich and diverse neighborhood of San Francisco in a new iconic building designed for a healthy workstyle.”
The 51,408-square-foot post-pandemic crafted architecture by Handel Architects projects a textured industrial character in keeping with the neighborhood while delivering state-of-the-art systems incorporating the capacity for 100% outside air, merv filtration and energy efficiency to ensure employee well-being. The property is designed with the same amenities as larger buildings, including lifestyle space for yoga, meditation, dining, and socializing, in addition to showers, lockers, bike parking and repair to break up the day by stretching both mind and body.
Exterior amenities include a landscaped rooftop terrace with panoramic views of the San Francisco City skyline and a 700-square-foot balcony dedicated to the 5th floor. On Zoe Street the building will feature micro retail units for local food entrepreneurs opening to a streetside patio, as well as a sculpture garden courtyard featuring the work of local Bay Area artists.
“The pandemic accelerated workstyle trends that we were already beginning to see and thus had begun integrating into our design,” said CEO of ULD Jon Mayeda. “Companies are now overlooking high-rises for more accessible mid-rises that allow for smaller leases in buildings in different areas of a city – especially near transit nodes. This allows them to increase scale over time, and ensures more control over their entire environment, both indoors and outdoors.”
Committed to its one percent onsite public art program, ULD is working with United Playaz, West Bay Pilipino Multi-Service Center, and SOMA Pilipinas to create a sculpture garden in the courtyard with work from Bay Area artists, as well as a mural to be created by a local artist.
The Property is located in the vibrant Central SoMa neighborhood, the epicenter of tech and innovation, with dozens of established companies including innovative “unicorn” companies such as Pinterest, Airbnb, Adobe, Splunk, Cruise, Lyft, and Paypal. It is a block from a cluster of venture capital companies, including Accel Partners, Norwest Venture Partners, and Kleiner Perkins.
Leasing is led by Chris Roeder, John Norton, and Carlye Parker from JLL.
About Urban Land Development
Urban Land Development (“ULD”), a full-service real estate development firm based in San Francisco, has extensive real estate expertise in acquisition, value enhancement, asset repositioning, ground-up development, and land entitlement. The Principals of ULD provide over 50 combined years of real estate experience creating commercial and residential projects that seamlessly integrate trendsetting, design-focused architecture to establish a new paradigm for the urban environment.
For more information, visit https://www.uldevelopment.com/portfolio