Condos are first step in bold terminal plan

Dan Levy has a good article on SF Gate (which is also the cover story in Sunday's Chronicle Real Estate section) on the development around Piers 30 and 32 and the Cruise Ship Terminal. As anyone who walks down the Embarcadero has seen, "...only one part of the $360 million plan has gotten off the ground -- a 22-story condominium high-rise on a parking lot across from the piers. Called the Watermark, the austere glass-faced tower is under construction and set to open by the end of the year."

They are talking about the entire plan being completed by 2012 (per their permits with the city), but as can be anticipated, there will likely be some delays... The plan calls for the terminal building to have "a soaring glass lobby with stunning up-close views of the bay and the bridge. High-end office space, shops and restaurants would surround the building, and a new public amenity called the Brannan Street Wharf would be available to waterfront frolickers."

All in all, the South Beach neighborhood is under going considerable change, and this is just a fraction.