Rincon Hill Tower Eats It - NBC Bay Area

Rincon Hill Tower Eats It



    Rincon Hill Tower Eats It
    When the tower glows green, rain is foreseen. Maybe it should have seen its sister building not being built.

    CANCELED: Rincon Hill's 40-story luxury development at 45 Lansing. Whoa, that was dramatic. Let's do it again. Canceled! Well, not that no one saw this coming. Exhibit A: their expired entitlement. Exhibit B: the economy.

    You know how it is. Developer Turnberry's asking for a refund now on the $8.4 million they paid into the city's affordable housing fund, and seeing as how they're not actually building that $240 million tower, the city's obligated to fork up. As you were.

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