Parc 55 San Francisco

Parc 55 San Francisco is a 350 ft (107 m) skyscraper hotel located in Tenderloin, San Francisco, California.

Parc 55 San Francisco
In 2021
Location within San Francisco
Parc 55 San Francisco (California)
Parc 55 San Francisco (the United States)
Alternative namesRenaissance Parc 55 Hotel
Hotel chainHilton Hotels & Resorts
General information
StatusCompleted
TypeHotel
Location55 Cyril Magnin Street
San Francisco, California
Coordinates37.78463771414888°N 122.408910702087°W / 37.78463771414888; -122.408910702087
Completed1984
OwnerHilton Worldwide
Height
Architectural350 ft (110 m)
Roof350 ft (110 m)
Technical details
Floor count32
Floor area696,431 sq ft[1]
Design and construction
ArchitectDaniel, Mann, Johnson and Mendenhall
Other information
Number of units1,024
Parking135
Website
parc55hotel.com
References
[2]

History

Boston-based Rockpoint Group and Dallas-based Highgate Holdings bought Parc 55 in 2006 for $220 million.[3] In 2012, The Blackstone Group took 75 percent ownership of the hotel.[3] In February 2015, Hilton Worldwide bought the property and renamed it to "Parc 55 San Francisco a Hilton Hotel".[4] The building is valued at $512.2 million (2018).[1]

References

  1. Roland Li. "SF's 10 most valuable buildings". The San Francisco Chronicle. Retrieved 2021-06-15.
  2. "Parc 55 San Francisco - The Skyscraper Center". www.skyscrapercenter.com. Retrieved 2021-06-15.
  3. "S.F.'s Parc 55 Wyndham could fetch $550M in one of city's biggest hotel sales of 2014". www.bizjournals.com. Retrieved 2021-06-15.
  4. "Hilton Worldwide Expands Portfolio in San Francisco with Acquisition of Parc 55 Wyndham San Francisco – Union Square". Hospitality Net. Retrieved 2021-06-15.
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