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| Vertical Living |
— Mid-Rise Developments
Mid-rise properties are defined as consisting of buildings that are of moderate height, about five to 10 stories. Locally, mid-rise properties are enjoying great success because they often are located within or near single-family home neighborhoods and away from the commotion of high-traffic areas. The excellent locations, smaller buildings (70–100 units) and efficient floor plans are well-suited for families seeking vertical living.
The high-rise Millennium Tower also has an 11-story mid-rise community named the City Residences, which are more in keeping with the Loft Style; most floor plans have only one separated bedroom, but room to have another part of the living space separated as a second.
Broadway Family Apartments is an affordable-housing complex that spreads 81 apartments among three buildings of varied heights, the centerpiece in brick and its flanks in gray stucco that very much keeps with the former warehouses and manufacturing buildings that still define the north Waterfront area.
— Condo-Hotels
Condo-hotels, also known as condotels, are high-rise luxury properties similar to high-rise condominiums. The one major difference is that condo-hotel developments are owned and operated by well-known hospitality companies such as Hyatt Hotels and Resorts, Hilton, Trump International and Starwood Hotels. The amenities offered by condo-hotels typically include world-class dining, high-end spas, full-service concierges and numerous pools. Some owners of hotel-condos enjoy use of their residence all year round while others only occupy the space at certain times during the year. When they are not using it, they can place the condo into the hotel’s rental program and receive a portion of the revenue it generates. The hotel takes care of renting and cleaning the condo as well as all other management functions. The revenue received from the rental helps offset the high fees associated with this type of ownership.
Overlooking scenic San Francisco Bay, the Fairmont Heritage Place, Ghirardelli Square has a European-inspired look with the warm feel of an Italian piazza. Fairmont offers one-, two- and three-bedroom condo residences have a contemporary urban design with dark hardwood floors, loft-like ceilings and exposed red brick interior walls. Fully equipped kitchens feature stainless steel appliances, lustrous wood cabinetry and built-in glass front wine refrigerators.
The Ritz Carlton Destination Club is located steps away from Union Square, the Financial District, San Francisco cable cars and many fine-dining establishments. One-, two- and three-bedroom condo residences are available with features, such as Italian marble bathroom floors, double-pane sound-resistant windows and luxurious home furnishings. Property amenities include a private fitness center and spa, private lounge, secure parking garage and valet services. Twice daily housekeeping and a full-service 24-hour concierge are available for residents. Various ownership options are offered for those who wish to stay in a different location each time they travel.
The WorldMark San Francisco is located in a historic building only a short walk from Nob Hill, Chinatown and Union Square. Residents enjoy a comfortable lobby with a fireplace, guest laundry and fully equipped fitness room. Condo residences are hotel-like in nature and do not have full kitchens, outdoor decks or balconies, but they do include high-speed Internet, cable TVs, DVD players, microwaves and mini refrigerators. Daily housekeeping and concierge services are available to unit owners.
NEWER CONSTRUCTION
Vertical living spaces are going up all the time in San Francisco. The following are some of the newest properties now on the market and ready for you to live in and love the views.
Madrone is bringing an entirely new living experience to San Francisco. These modern one- and two- bedroom residences will offer incredible views, designer interiors, an indulgent amenity collection and a location that brings beauty and natural influences of the bay together with the city. Its coveted Mission Bay address is surrounded by a vibrant, walkable neighborhood and is just steps from the water and three blocks from AT&T Park, with downtown just beyond.
With a Zen Modern sensibility, 1029 Natoma Street is a reflection of elegance and simplicity. The boutique four-unit condominium has quality throughout. Each full-floor unit includes an elevator from the garage, a deeded garage parking space and the garden area.
READY TO REACH NEW HEIGHTS
According to the Real Estate Market an Trends Report for San Francisco, the average price of a townhouse or condominium in San Francisco increased to $882,558 in February 2013, which represented a 16.5-percent increase from last year in February at $846,503; however, in general pricing can run from $800,000 to more than $6 million depending on the neighborhood, amenities and features. What distinguishes the San Francisco market is the ample supply of properties in all styles and price ranges, especially compared to other U.S. and international cities.
Mid-rise properties are defined as consisting of buildings that are of moderate height, about five to 10 stories. Locally, mid-rise properties are enjoying great success because they often are located within or near single-family home neighborhoods and away from the commotion of high-traffic areas. The excellent locations, smaller buildings (70–100 units) and efficient floor plans are well-suited for families seeking vertical living.
The high-rise Millennium Tower also has an 11-story mid-rise community named the City Residences, which are more in keeping with the Loft Style; most floor plans have only one separated bedroom, but room to have another part of the living space separated as a second.
Broadway Family Apartments is an affordable-housing complex that spreads 81 apartments among three buildings of varied heights, the centerpiece in brick and its flanks in gray stucco that very much keeps with the former warehouses and manufacturing buildings that still define the north Waterfront area.
— Condo-Hotels
Condo-hotels, also known as condotels, are high-rise luxury properties similar to high-rise condominiums. The one major difference is that condo-hotel developments are owned and operated by well-known hospitality companies such as Hyatt Hotels and Resorts, Hilton, Trump International and Starwood Hotels. The amenities offered by condo-hotels typically include world-class dining, high-end spas, full-service concierges and numerous pools. Some owners of hotel-condos enjoy use of their residence all year round while others only occupy the space at certain times during the year. When they are not using it, they can place the condo into the hotel’s rental program and receive a portion of the revenue it generates. The hotel takes care of renting and cleaning the condo as well as all other management functions. The revenue received from the rental helps offset the high fees associated with this type of ownership.
Overlooking scenic San Francisco Bay, the Fairmont Heritage Place, Ghirardelli Square has a European-inspired look with the warm feel of an Italian piazza. Fairmont offers one-, two- and three-bedroom condo residences have a contemporary urban design with dark hardwood floors, loft-like ceilings and exposed red brick interior walls. Fully equipped kitchens feature stainless steel appliances, lustrous wood cabinetry and built-in glass front wine refrigerators.
The Ritz Carlton Destination Club is located steps away from Union Square, the Financial District, San Francisco cable cars and many fine-dining establishments. One-, two- and three-bedroom condo residences are available with features, such as Italian marble bathroom floors, double-pane sound-resistant windows and luxurious home furnishings. Property amenities include a private fitness center and spa, private lounge, secure parking garage and valet services. Twice daily housekeeping and a full-service 24-hour concierge are available for residents. Various ownership options are offered for those who wish to stay in a different location each time they travel.
The WorldMark San Francisco is located in a historic building only a short walk from Nob Hill, Chinatown and Union Square. Residents enjoy a comfortable lobby with a fireplace, guest laundry and fully equipped fitness room. Condo residences are hotel-like in nature and do not have full kitchens, outdoor decks or balconies, but they do include high-speed Internet, cable TVs, DVD players, microwaves and mini refrigerators. Daily housekeeping and concierge services are available to unit owners.
NEWER CONSTRUCTION
Vertical living spaces are going up all the time in San Francisco. The following are some of the newest properties now on the market and ready for you to live in and love the views.
Madrone is bringing an entirely new living experience to San Francisco. These modern one- and two- bedroom residences will offer incredible views, designer interiors, an indulgent amenity collection and a location that brings beauty and natural influences of the bay together with the city. Its coveted Mission Bay address is surrounded by a vibrant, walkable neighborhood and is just steps from the water and three blocks from AT&T Park, with downtown just beyond.
With a Zen Modern sensibility, 1029 Natoma Street is a reflection of elegance and simplicity. The boutique four-unit condominium has quality throughout. Each full-floor unit includes an elevator from the garage, a deeded garage parking space and the garden area.
READY TO REACH NEW HEIGHTS
According to the Real Estate Market an Trends Report for San Francisco, the average price of a townhouse or condominium in San Francisco increased to $882,558 in February 2013, which represented a 16.5-percent increase from last year in February at $846,503; however, in general pricing can run from $800,000 to more than $6 million depending on the neighborhood, amenities and features. What distinguishes the San Francisco market is the ample supply of properties in all styles and price ranges, especially compared to other U.S. and international cities.
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