One Powell

San Francisco, CA

One Powell metes out 1920s elegance and muscle with equal punch. An eight-story landmark on a pedestrian packed corner, this revitalization project was one of the first residential conversions of a Category I historic office building in San Francisco. Adaptive re-use gave life to what is now to highly coveted street front retail topped by five floors of luxury lofts. One Powell was awarded the San Francisco Business Times 2004 Deal of the Year Award for Rehab Residential.

 

Local History

The epitome of modern banking, circa 1921.

Built in 1921, One Powell has a storied history. When A.P. Giannini wanted to move his Bank of Italy – now Bank of America – out of its post-1906-earthquake headquarters on Montgomery Street into more modern lodgings, he turned his sights to a corner lot a dozen blocks away. The new location held obvious appeal. Along with being adjacent to a cable car turnaround, it was a bustling corridor that linked the shopping titan of Union Square to Market Street, San Francisco’s main thoroughfare.