I’ve noticed over the past month or so that there have been two gigantic cranes working all day (and illuminating a bright logo on top at night) over on Folsom Street. You can pretty much see them from almost anywhere in SOMA. But it wasn’t until we received a reader question about it that I decided to actually get off my ass and take a look.
Have you noticed those two giant cranes towering over SOMA near Folsom Street? Any idea what’s going on over there?
Well, obviously, there is some sort of construction/renovation.
But after looking into it, it turns out those cranes are working to rehabilitate the space at 680 Folsom, in part, for the arrival of Riverbed Technologies’ new headquarters.
According to this post on SFGate last week, Riverbed has committed to a ten year lease in this new space, which is much larger than their former headquarters.
The business has signed a nearly 170,000-square-foot lease, taking over five floors and expanding by more than 60 percent over its current space at 199 Fremont St. Riverbed, which develops products that improve internal business networks, has agreed to a 10-year lease and is expected to move into the building in 2014.
Sounds like they might need to add a couple more restaurants, or at least lunch time options over here.
For some reason, whenever I walk around there, it seems like there’s not much to choose from (aside from a Quiznos and maybe Zare at Fly Trap). Definitely not enough to accommodate the addition of presumably a couple of thousand new employees over the next few years. And that’s only at Riverbed. That last part is absolutely untrue (as indicated in the comments). For some reason, I didn’t even think about Third Street. I still would love to see more restaurants down on that part of Folsom Street though.
Do you have a question about something you’ve seen in South of Market? Shoot us an email and we’ll look into it for you!