Developer seeks partners for two approved Rincon Hill projects

San Francisco Business Times - May 19, 2006 by J.K. Dineen

Jackson Pacific Ventures is in the market for development partners on two key Rincon Hill projects: One Hawthorne St. and 45 Lansing St.

JPV is a company founded by publicity-shy developer Ezra Mersey, a former managing director of Tishman Speyer. Mersey’s third development, 340 Fremont St., is a joint venture with Archstone Smith.

“JPV is an entrepreneurial company. We grow with strong investment partners, who are focused on high-quality, infill highrise housing,” said Mersey.

Tony Crossley of Colliers International is managing the process on 45 Lansing and Michael Joseph of Kearny Capital is handling One Hawthorne.

“We believe in the long-term attractiveness of San Francisco, with its unique environment and culture,” said Mersey. “We intend to keep a substantial investment in each of our projects, and maintain our presence in the community.”

Mersey, a former architect, had received accolades from the Planning Department’s Senior Planner Craig Nikitis and Director Dean Macris for the design of 45 Lansing. Mersey is working with EHDD Architecture on the design.

Mersey said JPV has “received substantial expressions of interest from potential partners” on 45 Lansing.

Nuts about the city Diamond Foods is taking a bigger bite of San Francisco

The Stockton salty snack nut producer, which sponsors college football’s Emerald Bowl game at AT&T Park, is planning to raise its profile in the city by doubling its office space and staff.

Diamond has…[continue to article]

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Developer seeks partners for two approved Rincon Hill projects

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Posted on 22 May 2006
Written by mchoey
Filed under Rincon Hill
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