The 60,000-Square-Foot Historic Bethlehem Steel Building to Become
Bay Area’s First RH Next-Generation Design Gallery
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 8, 2016--
The Port of San Francisco and Historic Pier 70 LLC announced today the
signing of the first sublease tenancy agreement with luxury home
furnishings retailer RH (Restoration Hardware) at Pier 70 on San
Francisco’s waterfront.
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The Port has partnered with Historic Pier 70 LLC to rehabilitate the
historic core of Pier 70 – eight buildings dating from 1885 that once
served as the West Coast headquarters for Union Ironworks and later,
Bethlehem Steel. Now in the construction and leasing phase, Pier 70 is
expected to be open to the public in 2017. Once completed, the project
will reintegrate seven acres of once-derelict buildings into the
Dogpatch neighborhood, invite the general public into the historic core
of the former shipyard for the first time since its founding in the late
1800s, and provide new, high-quality jobs in San Francisco.
“Historic Pier 70 LLC’s rehabilitation of the historic core buildings at
Pier 70 is the first step in the Port’s vision for reconnecting the
Dogpatch neighborhood with the waterfront,” said Byron Rhett, Port
Director of Planning and Development. “It is extremely rewarding to now
see construction underway and to celebrate the signing of the first
project sublease to Restoration Hardware for the iconic Bethlehem Steel
Building 101. The Port looks forward to the reactivation of Building 101
and heartily welcomes Restoration Hardware to the Dogpatch waterfront.”
Currently slated to open in 2017, RH San Francisco, The Gallery at the
Historic Bethlehem Steel Building will be prominently situated at
Illinois and 20th Streets – the crown jewel of Pier 70.
Constructed in 1917 and designed in the Classical Revival style by
distinguished San Francisco architect Frederick H. Meyer, the entire
structure will be restored to its original glory in honor of the
building’s unique history, cultural significance and singular place in
San Francisco’s urban landscape.
Spanning five floors and nearly 60,000 total square feet, the innovative
new design concept and lifestyle experience will showcase artistic
abstractions and never-before-seen collections of luxury home
furnishings in a gallery setting, including a significant presentation
of the brand’s latest business concept, RH Modern.
“With great admiration and respect for its architectural heritage, we
could not be more honored to reestablish this historic landmark’s
relevance,” says RH Chairman and CEO Gary Friedman. “This is a rare
opportunity to help render the whole neighborhood more valuable,
reenergizing our surroundings and creating a lasting gift to our
hometown.”
Friedman will collaborate with design architect James Gillam of Backen,
Gillam & Kroeger – recognized as one of Architectural Digest’s
Top 100 Architect and Design firms in the world – to bring RH San
Francisco to life. The two have recently restored other landmark
buildings in iconic locales across the country, including the former
historic Museum of Natural History in Boston’s Back Bay, the historic
Three Arts Club in Chicago’s Gold Coast, and the historic post office in
Greenwich, Connecticut.
The National Park Service lists the Union Iron Works Historic District
at Pier 70, which is the site of the former Bethlehem Steel Building
where the new RH gallery will be located, on the National Register of
Historic Places. This is San Francisco’s newest, officially designated
historic district, listed in April 2014. The 66-acre historic district
was determined to be nationally significant for its association with
Union Iron Works and later Bethlehem Steel as pioneers in the
establishment of the nation’s steel shipbuilding industry and for the
site’s industrial architecture representing the period from 1884 to 1945.
Union Iron Works is the Port’s second historic district, with the
Embarcadero Historic District having been listed on the National
Register in 2006. In addition to recognition of the historical
significance of the waterfront, these historic districts provide Port
development partners with access to Federal Rehabilitation Tax Credits,
which are important to the economics of waterfront rehabilitation
projects like the Ferry Building, Piers 1-5, 15 and the 20th
Street Historic Buildings.
The Port of San Francisco is a public enterprise committed to promoting
a balance of maritime, recreational, industrial, transportation, public
access and commercial activities on a self-supporting basis through
appropriate management and development of the waterfront for the benefit
of the public.
ABOUT RH, RESTORATION HARDWARE
RH (Restoration Hardware Holdings, Inc.—NYSE:RH) is a curator of design,
taste and style in the luxury lifestyle market. The company offers
collections through its retail galleries, source books, and online at
RH.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160208005257/en/
Source: Restoration Hardware Holdings, Inc.
Port of SF Press Contact:
Port of San Francisco
Renée Dunn
Martin, 415-274-0488
renee.martin@sfport.com
or
RH
Press Contact:
RH
Katya Sorokko Spencer, 415-945-3598
ksorokko@RH.com
or
RH
Investor Relations Contact:
RH
Cammeron McLaughlin,
415-945-4998
cmclaughlin@RH.com
