With San Francisco just named the world's hottest commercial real estate market by Bloomberg News
, the winter weather may be chilly, but the City's real estate market remains red-hot!
With several mega-projects in the works, including the 80-100 story Transbay Terminal Tower, international capital is flowing into San Francisco, continuing to drive the residential real estate market. Along with the new terminal, thirteen towers have been proposed on sites around the new terminal, ranging from 300 feet to 1,200 feet tall. If built out to fund the construction of the new terminal, San Francisco will have a new tallest building and its skyline will be altered -- 2,600 new homes, 3,000,000 square feet of new office and commercial space and 100,000 square feet of retail are planned as well
And, along with the booming real estate market, the City's Winter Social Season continues in full swing, highlighted by the glamorous San Francisco Ballet's Opening Night Gala
, and many other events to benefit local, national and international organizations.