Golden Gate University has agreed to sell its main campus building at 536 Mission Street to Lincoln Property Company. The Texas-based developer submitted two plans for a tall tower: one is a 700-foot office tower, and the other is a 650-foot mixed-use tower with office space and residential units. Lincoln Property provided Golden Gate University a $21.9 million loan to manage existing debts. The project architect is SOM, and the plans aim to maximize the site's potential while enhancing the university's long-term value.
Lincoln Property Company has submitted two optional plans to construct a tall tower at 536 Mission Street. One plan features a 700-foot office tower with 1.3 million square feet of office space. The other option is a 650-foot tower offering a mix of office space and 370 residential units.
Lincoln Property has entered a strategic partnership with Golden Gate University, providing a $21.9 million loan to address the university’s existing debt on its campus property.
The project architect for the redevelopment application is SOM, which aims to enhance the long-term value of Golden Gate University’s main campus while responding thoughtfully to market dynamics.
The development plans include seeking dual entitlements for each project option to maximize the site’s potential for the university and the surrounding community.
#golden-gate-university #lincoln-property-company #real-estate-development #san-francisco #mixed-use-buildings
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