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Commission approves Mills Act eligibility for restored portion of 690 Market after $61M rehabilitation
Summary
Planning Commission and Landmarks Board recommended Category‑2 historic designation and a Mills Act contract for the restored portion of 690 Market Street; the sponsor reported roughly $61.07 million spent on restoration and the Landmarks Board recommended the designation while excluding the new tower from tax benefit.
The Commission considered a multi‑year rehabilitation of 690 Market Street (the historic Chronicle building), reviewed by the Landmarks Board and the Planning Department. Project counsel and the preservation architect detailed extensive exterior and interior restoration and seismic upgrades, and the project sponsor reported that roughly $61,070,000 had been…
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