Archive for August, 2008

Pfizer moves to Mission Bay

It’s a good sign for all the new developments in Mission Bay that Pfizer just announced the corporate headquarters for their Biotherapeutics and Bioinnovation Center are moving from South San Francisco to the Mission Bay.

“This move to be next door to U.C.S.F.’s Mission Bay campus will position Pfizer’s Biotherapeutics and Bioinnovation Center for success in the aggressive pursuit of the most exciting and innovative science and the recruitment of the very best scientists,” said Corey Goodman, Ph.D., President of the Pfizer Biotherapeutics and Bioinnovation Center.

Our mayor Mr. Gavin Newsom is quoted in classic politico speak as saying that it is ‘…a clear indication that Mission Bay is one of the nation’s premier life science centers’ and I for one hope that turns out to be true. More people to support some of my favorite arts, the Ballet, Symphony and Opera, plus interesting intelligent clients to work with, count me in.

Assuming Pfizer becomes the first of many ‘anchor tenants’ if you will ….the question becomes what buildings will emerge as the front runners in the Mission Bay development housing game? My early money is on Esprit Park. New idealistic developers, run by an experienced, detail-oriented agent who knows what sells and what is the ‘right’ thing to do. Great location – across from a park and a block from a Blue Bottle Coffee serving Café…a short decent walk to Potrero shops and Café Mama – I endorse. Ok so they are a bit ‘off’ on their delivery dates. You cant rush perfection – let’s hope it is perfect by the time it’s done.

I looked but was unimpressed with my preview of the Radiance (warning irritating music on web site), – but they do throw a great party. With the exception of the water facing units, which will be nice, and rare in their own way, the building felt too….I dunno…vanilla. The fire pit overlooking the water was also a possible serene outlook, but a little too open to all the other units for my liking – nice to overlook I suppose if they keep it lit.

Sometimes it’s hard to tell what a building will shape into until it’s occupied. My worst bet early in my career was pooh poohing the Oriental Warehouse – which although the sound transferrance is abysmal – has maintained some impressive resale values and continues to be one of the most highly sought after South Beach conversion loft buildings.

I’m also hearing good initial responses from the Arterra (see note about music on the Radiance) – it ‘smells nice’ which counts for much in this world of toxic building and chemical sensitivities. I’m thinking despite the location that building will also hold it’s value in years to come.

I’m starting to like the look of Mission Bay, and may I say it’s been a L O N G time coming….let’s see what happens. Biotech Alley…urban density and a cure for cancer – how can it be a bad thing?


Feng Shui for Architecture Design and Environment

Feng Shui often gets a bad rap among conservatives, mostly in my opinion, for good reason. The little chimes and Ba-Gua’s most people use are nothing more than superstition, although the information they attempt to mimic is rooted in science that has been studied….well, for a long long time.

Why did I start to pay attention to Feng Shui?  Because as a real estate agent, I noticed, after a while – that certain properties, seemed to go on the market every year or two, repeatedly.  To me that was an indication that for whatever reason, it was impossible for the occupants to get comfortable and settle in.  

Even within the same Condo complex, certain units will constantly change hands while others stay settled – and that is true even for units with identical floor plans and finishes.  Unit 1 will change hands 3 times in a five or seven year period, while Unit 2 (same floor plan flipped) stays put for years.   

I have a confession, I have not yet had my home ‘Feng Shui’d‘ if you will.  The reason is simple, a Feng Shui master is expensive and VERY hard to come by which is why the true masters end up working for the high end homes and corporate clients. 

If you are interested in learning a little more my favorite web site is maintained by an architect friend of mine, Simona Mainini, located in LA county.  For most people flying her up to consult on their home will be too cost prohibitive, but her newsletter is free and full of interesting facts and information.  

For those who are just curious, like myself…