425 Market Street, Office skyscraper in Financial District, San Francisco, United States
425 Market Street is a 38-story office tower at the corner of Market and Fremont Streets in San Francisco's Financial District, rising 160 m (520 ft). Completed in 1973, it was built by the Metropolitan Life Insurance Company as its Pacific Coast headquarters and first called 1 Metropolitan Plaza. The tower was designed by Skidmore Owings Merrill.
This tower was completed in 1973 as the Pacific Coast headquarters for Metropolitan Life Insurance Company and originally named 1 Metropolitan Plaza. The building's name was later updated to reflect its address on Market Street.
The building's largest tenant is the law firm Morrison & Foerster LLP, and the Government Pension Fund of Norway owned 47.5% of it according to its 2015 report. The tower replaced Metropolitan Life's earlier Pacific Coast headquarters at 600 Stockton Street on Nob Hill, a building later remodeled as the Ritz-Carlton Hotel.
The building is fully integrated with public transportation systems and sits near BART and bus stations making it easy to reach. Its central location in the Financial District means the area is very walkable with nearby shops and restaurants.
Among the first buildings in San Francisco to install a high-speed internal transport system, 425 Market Street moved computer data cards, files and inter-office mail between floors through a mechanized dumb-waiter-like network, described at the time as state-of-the-art. The system served the offices of Metropolitan Life's Pacific Coast headquarters.
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