The top floors of MIRA have 10 to 12 feet ceilings and plans ranging from 2,100 to 2,500 square feet.
SAN FRANCISCO—MIRA's Panorama Collection consists of a selection of 20 homes on the top five floors of the 40-floor tower, according to Tishman Speyer. The collection is comprised of three-bedroom, three-bathroom condominium residences with expansive city and Bay views, high ceilings and spacious floor plans.
Homes in MIRA's Panorama Collection feature larger bay windows than comparable units on lower floors, offering views of the Bay, the Bay Bridge and the skyline. The ceilings range between 10 and 12 feet high and floor plans go from 2,100 to 2,500 square feet. Home prices start at less than $5 million.
"We're proud to unveil this collection of beautiful homes to market," says Carl Shannon, senior managing director at Tishman Speyer. "The thoughtful floor plans and floor-to-ceiling views of the city and the Bay are sure to take people's breath away."
Panorama Collection kitchens feature custom Sozo cabinetry in Maralunga and Softetch Mirror coplanar doors with premium drawers, a wine nook, a Miele 36" cooktop stove with center wok and Mystery White marble countertops with expanded waterfall islands. Homes also include a Miele washer/dryer and pantry rooms in select homes.
"This new collection expands upon the offerings of MIRA's other homes with higher ceilings, larger floor plans, and upgraded finishes and appliances," Shannon tells GlobeSt.com. "We think that these unique homes will stand out among the other upper-floor offerings currently available in San Francisco, and look forward to having residents move in early next year."
San Francisco continued to see significant inventory declines at the mid-year point at 19% year-over-year (four months of declines averaging 20%), says Selma Hepp, chief economist and vice president of business intelligence with Compass. As a result, buyer competition picked up again with 58% of homes selling over the asking price. The mid-year Bay Area housing market correction resembled a "table top" with prices remaining flat, compared to the "mountain top" seen in the last cycle when prices fell significantly following the peak, Hepp says.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
