Historical Perspective...

In 1989, Rick Holliday completed the first conversion loft building in San Francisco’s South of Market neighborhood, which at the time was a residential outpost in the middle of an industrial neighborhood on the brink of transformation. Like the Pacific Cannery Lofts, the Heublien Building was a concrete structure offering loft dwellers an opportunity to purchase large, creative space in a truly industrial neighborhood, at a fraction of the cost of other residential options. Against conventional wisdom of the time, the Heublien Building, located at 601 4th Street, was converted into 88 lofts, igniting a transformation of the industrial areas of San Francisco’s SOMA district.

Follow this link to a current listing at 601 4th Street – this loft, by the same developer and architect, originally sold for around $300,000 and is now listed at over $1,300,000.

http://sfarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N784656675,-N217192,-N,-A,-N12558271