60 
              Federal Street was built in 1910 as a warehouse. Given 
              its close proximity to the San Francisco financial district, 
              several telecommunications facilities became 
              established in the building. 
            When the dot-com boom hit California, 
              those existing tenants wished to expand. The owner embarked 
              on a structural upgrade to take the 150-pound per square 
              foot load of communications equipment. 
            The upgrade also brought the 
              building up to seismic and handicapped codes, and legalized 
              the current and proposed uses in the building. 
            Cost of the upgrades was in 
              excess of $7 million. 
             |