Market Street Place to launch construction

San Francisco -- Dallas-based Cypress Equities said Monday that construction is about to begin on the site of what will become Market Street Place, a 250,000-sq.-ft. retail center scheduled to open in 2015 and co-developed by Cypress Equities and The Carlyle Group.



Market Street Place will be a six-level, urban retail redevelopment designed by Gensler’s San Francisco architectural team.



The design provides for enhanced streetscape improvements around the building, prominent street presence for retailers and a large, open floor plan with clear heights up to 17 ft. on the ground floor. The planned interior finishes include natural stone, glass wall systems, stainless steel accent finishes, progressive lighting, and creative art installations.



“Market Street Place is an important step forward in the renaissance and transformation of San Francisco’s most public thoroughfare,” said Chris Maguire, CEO, Cypress Equities.