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Sneak peek: Yelp’s new San Francisco HQ set to open

Mayor Ed Lee with Yelp CEO Jeremy Stoppelman

Mayor Ed Lee with Yelp CEO Jeremy Stoppelman

J.K. Dineen
Reporter- San Francisco Business Times

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You can say this about the historic Pacific Telephone tower at 140 New Montgomery: they are going to love it on Yelp.

With Novo Construction workers scrambling to prepare for the first of 700 Yelp workers set to move into the building over Labor Day weekend, Yelp CEO Jeremy Stoppelman Monday gave Mayor Ed Lee and his media entourage a hard hat tour of the new offices.

The Yelp move-in will mark a milestone not only for the San Francisco-born internet company, but also for one of the city’s most beloved buildings. Designed by Timothy Pfleuger of Miller and Pfleuger, the F-shaped art deco tower has six acres of terra cotta ornamentation with eight eagles perched at the top. It has black marble walls, bronze elevator doors, and a blood red stenciled ceiling inspired by Chinese design. The building, called a “Monument to Talk,” was visited by Winston Churchill, who during his visit in 1929 made one of the first trans-Atlantic phone calls there.

Stoppelman said he was drawn to the building’s history.

“It has a connection to the city that some of the other buildings in the area just don’t have,” he said. “The fact that we could take a beautiful shell, modernize the interior but also have connections to the past is really exciting to us.”

Major renovation work began in February 2012 to improve the building’s seismic performance, install all new mechanical, electric, plumbing and fire sprinkler systems, and preserve and restore the building’s historic lobby. In total about $100 million is being pumped into building. Yelp has leased 110,000 square feet and has an option to take another 35,000 square feet. About 85 percent of the building has been leased.

J.K. Dineen covers real estate for the San Francisco Business Times.


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