Building permits have finally been filed to construct the four-story Mexican Museum and a 501-foot condo tower, which could make up one of the most expensive residential buildings in San Francisco, at 706 Mission St. Fundraising, approvals, and a lawsuit stalled the $500 million project for 10 years. The project will break ground by March and is expected to be completed in early 2019.

The local office of Handel Architects will design the tower, while the Mexican architect Enrique Norten's TEN Arquitectos will develop the museum with local firms A+D Architecture and Design and Pfau Long Architecture. 

The project faced a lawsuit filed by the building’s neighbors, who expressed concerns about the tower’s height and impact on traffic. As part of the settlement, the developer, Millennium Partners, will pay $100,000 for street improvements. The project is also paying $5 million to the city for affordable housing.

The project was further complicated by the addition of the Mexican Museum, which will span the building’s first four floors and the adjacent 1903 Aronson building, which will be renovated. Fundraising was a major hurdle for the museum, which is expected to cost around $50 million.

Read the full story and see more renderings at the San Francisco Business Journal.

And find even more great stories in our daily News Roundup.

Read more >