The Return of the Cranes - InvestingChannel

The Return of the Cranes

Back in 2009, Michael C. sent me some photos of rabbits hiding in a field of steel.  The steel was intended for a construction project that was on hold. Now Michael has sent me some more photos.

The photos below are of 100 Van Ness in San Francisco, Samsung’s New Corporate HQ, the Transbay Center (Jay Paul the developer / owner for the fields of steel post is also putting a high rise on this site along with the huge office tower), and more.

Michael writes:

[In] SF and the place is on fire with 20 tower cranes across the city.  [My company sent] me to Phoenix … and they are going like gangbusters on residential housing! Also remember the Easter bunny in the field of steel? Well the are going to start on that again … presumably there is some demand for office space in San Diego finally.

[As to] the fields of steel from Easter a few years ago, this was the original project. Only one of the buildings got built and the steel for the three of the next 11 to be built was ordered and left on site. It can still be seen here on google maps.  …  Looks like the bunny will be homeless by Easter.

Photo credits: Michael C.

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