This collaborative profit-sharing initiative is easily replicable and a prime example of how circular business models can fund public spaces and sustainable urban development. Despite the low percentage given to the project, it provided enough support capital to ensure the park could remain public and enjoyed by all.
However, the project share was relatively small, and the property owners would gain most of the profits. The innovative, sustainable building transforms a transportation hub into an urban experience, complete with a gondola, topped off by a 5.4-acre rooftop park open to the sky. Such a redevelopment and feature in any part of a city, regardless of the exact locality, undoubtedly adds significant value to nearby properties.ĭevelopers struck a deal with owners to share a certain percentage of this rise in property value. The TJPA is owner and operator of the multimodal Salesforce Transit Center that connects nine transit systems from eight Bay Area counties it manages the 5.4 acre public rooftop Park found on top of the Center and offers free public activities year-round and it is working to extend Caltrain and ultimately, California High-Speed Rail service. Salesforce Transit Center is a high-tech, San Francisco Bay Area landmark. Direct access to Salesforce Park, a 5.4 acre rooftop park with an outdoor. Except proposed an innovative profit-sharing scheme to help fund the park, encourage cooperation and actively involve nearby residents and developers with the complex.įirst, properties surrounding the park were valued by an independent and well-established third party and compared to future values - projected to five years after its completion. Salesforce Tower is the most recent landmark addition to San Franciscos.
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