News: architecture firm OMA is working on designs for a 167-metre skyscraper on Folsom Street in San Francisco.
OMA has teamed up with property developer Related California and non-profit organisation Tenderloin Neighborhood Development Corporation to plan the tower as part of a residential development offering a mix of homes for sale and rent, of which 27 percent will be affordable.
Led by OMA partner Shohei Shigematsu, the design also features a pair of podium buildings and a row of townhouses.
The development will be constructed on a city-owned plot between First Street and Fremont Street - one of 11 sites being sold off to pay for the $4.2 billion Transbay Transit Centre housing development nearby.
The OMA team is understood to have offered San Francisco's Office of Community Investment and Infrastructure $72 million for the plot, coming in ahead of bids from developers Millennium Partners and Golub & Co.
The project is OMA's second recent appointment in California, following a commission for a major mixed-use public building for downtown Santa Monica.
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