555 California Street
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555 California Street | |
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Skidmore, Owings and Merrill Wurster, Benardi and Emmons | |
Developer | HWA 555 Owners LLC |
Structural engineer | H. J. Brunnier Associates |
Main contractor | Dinwiddie Construction |
References | |
[1][2][3][4][5] |
555 California Street, formerly Bank of America Center, is a 52-
Background
Colloquially known as "Triple Five" and/or "Triple Nickel", 555 California Street was meant to display the wealth, power, and importance of
The skyscraper has thousands of
In the plaza the 200-ton black Swedish granite sculpture "Transcendence" by Masayuki Nagare is known as the "Banker's Heart".[11] Nearly the entire block—the skyscraper, the banking hall, the plaza, the stairways, and the sidewalks—is clad in costly polished or rough carnelian granite. A restaurant, the "Carnelian Room," was on the 52nd floor. The elevator to this restaurant is one of the few publicly accessible high-speed elevators in San Francisco. The restaurant closed at midnight New Year's Eve 2009.[12]
The southeast corner of California and Kearny is about 35 feet (11 m) above sea level, so the top of the building is over 800 feet (240 m).
In April 2018, the United States Geological Survey included 555 California Street in a list of 39 high-rise buildings in San Francisco constructed during a period when welding techniques were employed that may jeopardize structural integrity during a strong earthquake.[13][14]
A 70 percent interest was acquired by Vornado Realty Trust from foreign investors in March 2007 with a 30 percent limited partnership interest still owned by The Trump Organization[15] In 2019, the building generated $86 million in net operating income ($60 million going to Vornado and $26 million to Trump Organization), and it had $543 million of debt attached to it in 2020.[16] Trump's stake in 555 California Street is one of his largest holdings as of 2020.[17] Forbes estimated in 2020 that Trump owes $162 million to an unknown creditor for this object alone; the loan comes due in 2021.[18] At least one tenant in this building whose rent benefits Trump, the Qatar Investment Authority, is an empty office as of 2020.[19] On May 19, 2021, Trump announced that a $1.2B loan had closed on the property at an interest rate of 2% annualized.[20]
Major tenants
This Section needs additional citations for verification. (September 2020) |
In popular culture
Since the opening of the building in 1969, it has been purportedly haunted with unexplained activity happening throughout the building such as moving cold air spots, landline phones lifting the receivers by themselves, and files and paperwork flying off shelves.[21]
In 1971, 555 California Street appeared at the beginning of the film
See also
References
- ^ "555 California Street". CTBUH Skyscraper Center.
- ^ "Emporis building ID 118721". Emporis. Archived from the original on March 15, 2016.
- ^ "555 California Street". SkyscraperPage.
- ^ 555 California Street at Structurae
- ^ a b Comments and Responses on Draft EIR: Transit Center District Plan and Transit Tower (PDF) (Report). San Francisco Planning Department. September 28, 2011. p. C&R-38. Retrieved November 15, 2013.
The Bank of America Building is at an elevation of about 35 feet, SFD, so its roof is some 814 feet in elevation.
- ^ "San Francisco - The Skyscraper Center". www.skyscrapercenter.com. Retrieved February 22, 2021.
- ^ "Largest Office Buildings in San Francisco". San Francisco Business Times. October 18, 2013. Retrieved December 4, 2013.
- ^ "Bank of America in Charlotte Center City Branch - Hours & Locations". www.banksnearyou.com. Archived from the original on March 6, 2016. Retrieved March 4, 2016.
- ^ "555 California Street - The Skyscraper Center". www.skyscrapercenter.com. Retrieved February 22, 2021.
- ^ SOM. "BANK OF AMERICA WORLD HEADQUARTERS". SOM. Retrieved November 15, 2017.
- ^ Fahey, Valerie (November 6, 2005). "Art for the city's sake / Public art adds a touch of class to a city". SFGate. Retrieved October 18, 2020.
- ^ Food and Wine Staff (September 3, 2009). "Carnelian Room Calling it Quits". The San Francisco Chronicle. Archived from the original on January 5, 2010. Retrieved January 14, 2010.
- ^ The HayWired earthquake scenario—Engineering implications (Report). Reston, VA. 2018. p. 454.
- ISSN 0362-4331. Retrieved April 10, 2019.
- ^ Machnow, Joseph (March 16, 2007). "Vornado to Acquire 70% Controlling Interest in 1290 Avenue of the Americas and 555 California Street". Vornado Realty Trust. Archived from the original on October 20, 2020. Retrieved October 7, 2020.
- ^ Alexander, Dan (September 28, 2020). "Yes, Donald Trump Is Still A Billionaire. That Makes His $750 Tax Payment Even More Scandalous". Forbes. Retrieved October 7, 2020.
- ^ a b Davies, Dave (September 22, 2020). "'White House, Inc.' Author: Trump's Businesses Offer 'A Million Potential Conflicts'". NPR News. Retrieved October 18, 2020.
- ^ Alexander, Dan (October 16, 2020). "Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested". Forbes. Retrieved October 18, 2020.
- ^ Dan Alexander, "White House, Inc." Penguin Random House. 2020
- ^ Trump, Donald (May 19, 2021). ""Donald J Trump"". donaldjtrump.com. Retrieved May 24, 2021.
- ^ ISBN 978-0-14-200234-6.
- ^ a b Dan Alexander, "White House, Inc."