Bayhill Ventures, a new San Francisco-based real estate development and investment firm, is planning to build the city's tallest residential tower, a 71-story tower at 530 Howard Street in the southern Financial District.
The firm has filed an application with the city's Planning Department for the redevelopment site, which currently houses a four-story boutique office building that Bayhill is occupying and a parking lot, according to a report in the San Francisco Chronicle.
Bayhill Ventures was formed earlier this year by Paul Paradis, who was Hines' Managing Director of the West for more than three decades, and Rob Hollister, the former president of the Sobrato Organization.
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