New SF Luxury Tower Opens Despite Economy

Sellers hope luxury knows no downturn

San Francisco's newest luxury living destination is hoping high class knows no economic downturn.

The Infinity Tower II is opening with 292 homes just one year after opening the first tower.

"The Infinity stands out as a success even in challenging economic times," said Carl Shannon, managing director of Tishman Speyer in the Bay Area. "Sales in Phase I have been consistently strong and we're on track to move new homeowners into Tower II in April 2009. The Infinity's success is a testament to the fact that people want to buy a well-designed home with exceptional amenities in one of the most desirable locations in San Francisco."

Located one block from the Embarcadero, Tower II of The Infinity rises 42 stories to provide views of the San Francisco Bay and city.

The building architect Bernardo Fort-Brescia. He has paired open, modern plans with refined materials to create a striking urban landmark.

The homes at in the building feature floor-to-ceiling curved glass windows, which open each home to the surrounding sky and bay. The new tower offers one, two and three-bedroom homes - including four penthouses and six two-story homes.

Most homes feature nine-foot ceilings, Bosch, Thermador and Viking appliances, climate control and walk-in closets. Select residences also feature foyer entrances, separate office areas, sky terraces, Poggenpohl cabinets, private master bedroom suites and master baths with double vanities.

The building is located at the corner of Spear and Folsom streets in San Francisco, The Infinity is situated within easy walking distance to destination dining, shopping and cultural attractions in downtown San Francisco, South Beach, SoMA and along The Embarcadero.

The Infinity has closed an average of 26 homes per month since opening and also recorded the highest sales absorption in San Francisco in Q4 of 2008. The success has continued into 2009 with The Infinity signing 20 new contracts in the past 30 days. First move-ins are scheduled for April 2009.

Residents have access to luxurious amenities, including: on-site concierge available seven days a week; 5,000 square foot state-of-the-art fitness center; 75-foot lap pool featuring an intricately-designed mosaic wall and shimmering natural light from skylights above, spa-like facilities with private treatment room and saunas; theatre-style private screening room; spacious club lounge featuring catering bar and kitchen for private parties and everyday enjoyment; 24-hour business center and conference facilities; outdoor courtyard featuring a soothing water wall, seating terraces and Japanese maple and honey locust trees; and gated parking with a deeded space for every residence.

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