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Concept
LUMINA
Summary
LUMINA, also known as 201 Folsom Street, is a 655-unit residential condominium project in the Rincon Hill neighborhood of San Francisco. Developed by Tishman Speyer, it is located one block to the southwest of its sister project, The Infinity.
The project was originally approved in September 2003 concurrently with its sister project, The Infinity. Tishman Speyer developed The Infinity first, completing it in 2009. Meanwhile, 201 Folsom Street was left unbuilt, and with its permits set to expire, Tishman Speyer was granted a three-year extension in 2009. After being redesigned by Arquitectonica, another 12-month extension was granted in 2012.
In February 2013, Tishman Speyer announced that it had formed a joint venture with China Vanke to develop 201 Folsom Street. According to Reuters, China Vanke agreed to contribute 75 million for a 30% stake. The remainder of the project's $620 million cost was to be financed with debt. Tishman Speyer received its building permits in May 2013 and construction commenced in June.
201 Folsom I, located at the corner of Folsom and Beale, stands and 42 stories tall. 201 Folsom II, located along Main Street, stands and 37 stories tall. Ceremonial groundbreaking took place on June 26, 2013, and the project was named LUMINA. Construction was expected to take about 23 months. Residents began moving into the complex in August 2015.
File:LUMINA Tower 1, San Francisco, South View, 2015.jpg|Tower 1, South View in 2015
File:LUMINA, San Francisco, West View, 2015.
Official source
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