Federated plans $55 million Union Square renovation; seeks approval for seismic upgrades, Macy's expansion, building replacements.CINCINNATI--(BUSINESS WIRE)--April 25, 1996--Federated Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , Inc. said today it will seek approval from the city for a $55 million project in downtown San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden that will involve seismic upgrading, expansion and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling of the existing Macy's store and replacement of two smaller Geary Street buildings. The proposed newer structure would replace the existing Bally and Allen buildings, extending the roofline roof·line n. The profile of or silhouette made by a roof or series of roofs. of the current eight-story Macy's and architecturally blending building exteriors along the south side of Union Square. In an Environmental Evaluation application filed today with the City Planning city planning, process of planning for the improvement of urban centers in order to provide healthy and safe living conditions, efficient transport and communication, adequate public facilities, and aesthetic surroundings. Department, Federated Connected and treated as one. See federated database and federated directories. noted that neither the Bally nor Allen buildings meet the city's newer and stricter seismic codes for unreinforced masonry buildings, therefore requiring them to be seismically upgraded or demolished and replaced by 2004. By replacing the existing Bally and Allen buildings, Federated said it also can seismically upgrade the existing Macy's Union Square store without impacting that building's significant historic architecture. Macy's Union Square currently comprises six interconnected buildings that cover the eastern three-quarters of the block bounded by Geary, Stockton, O'Farrell and Powell Streets. In addition to the Union Square, Bally and Allen buildings, the Macy's store space also includes the I. Magnin I. Magnin was a San Francisco, California-based high fashion and specialty luxury department store. Over the course of its existence, it expanded across the West into Southern California and the adjoining states of Arizona, Oregon, and Washington. building, the original Main building at 101 Stockton, and the addition to the Main building at 170 O'Farrell Street. In its filing, Federated noted that, "The existing floor levels and column gridlines of the Allen and Bally buildings do not correspond to each other, or to the Main building or the Union Square building, and hence the existing interconnections among the buildings consist of a confusing maze of stairs and ramps at every floor level." By seeking to replace these buildings with a more functional space -- one that also meets requirements of the Americans with Disabilities Act Americans with Disabilities Act, U.S. civil-rights law, enacted 1990, that forbids discrimination of various sorts against persons with physical or mental handicaps. (ADA Ada, city, United States Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area. ) -- Federated said it hopes to improve both the seismic safety and aesthetic appearance of the retail buildings along the south side of Union Square. "Macy's has been a major presence on Union Square for fifty years," says Michael Steinberg. "The incorporation of the I. Magnin building into Macy's and the proposed new building gives us the opportunity to create an attractive and architecturally consistent facade on Union Square, the premier downtown retail attraction in Northern California." The company noted that although the existing Bally building is classified as a Category IV historical structure within the Kearny-Market-Mason-Sutter Conversation District, there is nothing of historical significance left in the building; its cornice cornice (kôr`nĭs), molded or decorated projection that forms the crowning feature at the top of a building wall or other architectural element; specifically, the uppermost of the three principal members of the classic entablature, hence by was removed following the 1989 earthquake and the lower two floors were altered significantly in the 1970s. Because of the remaining designation, however, Planning Commission approval is required for its demolition and replacement. A zoning variance, including a Union Square shadow impact study, also will be required for extension of its the Macy's Union Square roof line, which would add approximately 36,000 square-feet of new retail and office space and create a more unified exterior appearance for the buildings. If approved by the city, construction would begin in early 1997, with completion about 15 months later. The architectural firm of Patri, Burlage, Merker (PBM PBM - play by mail. See play by electronic mail. ) is designing both the new property and the integrated new facade for it and the Macy's Union Square store. PBM is the same firm that designed the San Francisco Center and the new downtown Nikko Hotel. Federated, with corporate offices in Cincinnati and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , is one of the nation's leading department store retailers, with annual sales of more than $15 billion. Federated currently operates more than 400 department stores and 150 specialty stores in 36 states. Federated's department stores now operate under the names of Bloomingdale's, The Bon Marche, Broadway, Bullock's, Burdines, Emporium, Goldsmith's, Lazarus, Macy's, Rich's, Stern's and Weinstock's. (NOTE: Information on Federated and its operating divisions is available on the Internet at http://www.federated-fds.com. Copies of past press releases and corporate background data also are available by calling Fax-On-Demand at 1-800-853-9150.) NOTE TO EDITORS: The Internet address in this release should contain double slashes after "http:". It is possible the slashes may not appear properly in some systems. CONTACT: Federated Department Stores, Inc., Cincinnati Federated - Carol Sanger, 513/579-7764 Macy's West - Betty Krogh, 415/393-3268 |
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