The housing market is heating up in San Francisco. Phase II of One Rincon and other developments in the city were put on hold in 2008 due to the financial crisis, but buyers and developers have found their confidence again.
Phase II of One Rincon Hill is scheduled to break ground in July 2012. The luxury high rise is 50 stories high and situated north of the original tower. The developer will combine adjacent one-bedroom units into large two-bedroom units. The amenities will be more extravagant with a 3,600 square foot fitness center and a top floor 4,000 square foot â€œSky Lounge.â€
Tower II will be marketed as condominiums, but depending on the economic climate at the time of completion, Tower II may begin its life as a rental building.
To learn more about this exciting new development at One Rincon Hill, please contract Vi Pavlicevich at 408.540.4069 or firstname.lastname@example.org. Vi is an expert in San Francisco Real Estate including Mission Bay, Soma, Potrero Hill, Financial District and South Beach.