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Grosvenor Americas Unearths Keel of Gold Rush Era Ship Beneath Jackson Square Development Site


News provided by

Grosvenor Americas

Jan 24, 2017, 13:10 ET

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SAN FRANCISCO, Jan. 24, 2017 /PRNewswire/ -- In the mid-1880s the California Gold Rush transformed San Francisco, and tales of those heydays have since become an important part of the city's rich cultural heritage.

One such tale stood as one of the 'Barbary Coast's' most enduring mysteries, shrouding the final resting place of a legendary 'gold rush ship', the Arkansas, presumed, but not confirmed, as lying beneath popular San Francisco institution – the Old Ship Saloon. Grosvenor's work on our Jackson Square development site adjacent to the Saloon finally provided the answer.

Archaeological crews search for the Arkansas at Jackson Square
Archaeological crews search for the Arkansas at Jackson Square
Speed
Speed

On September 8, 2016, after three archaeological excavations taking place over 12 weeks, the keel of the Arkansas was discovered—proof of its final resting place at Jackson Square. The City and the San Francisco Maritime Historic Park asked that the Arkansas' location at 240 Pacific Avenue be precisely mapped and that the ship be left in situ. Grosvenor has honored these requests ensuring that the ship be left untouched by construction.  

Visit our website to see how this journey unfolded.

Grosvenor Group
Grosvenor, one of the world's largest private international property groups, works in some of most dynamic cities around the globe. We are guided by our 'Living cities' philosophy; we strive to create, manage and invest in properties and places that contribute to the enduring success of the cities in which we work.

With 300 years' experience as steward of our London estate, we believe we can help cities grow and evolve in ways that are socially, economically and environmentally sustainable. We aim to make a long-term contribution to these cities' future success by using creative design, high quality building materials and innovative environmental solutions in our development projects, and through intelligent management of our property assets. In doing so, we strive to create places in which people will want to live, work and enjoy their free time.

By taking a long-term approach, we are able to combine our global expertise with local knowledge and cultural understanding. We want our projects to reflect the spirit of the individual city and to foster thriving communities. We work closely with local communities, businesses and civic authorities, and with our partners, consultants and other developers to achieve this.

Today we have 17 offices in 11 countries and assets in 17 countries. We have regional investment and development businesses in Britain & Ireland, the Americas and Asia Pacific.  We also have indirect investments, managed centrally. As at 31 December 2015, the Group had total assets under management of $16.3B USD.

Unusually for a private company, Grosvenor publishes a detailed reporting suite - Annual Review, Financial Statements and a Non-Financial Data Report – all available at: www.grosvenor.com Twitter: @GrosvenorGRP

Grosvenor Americas
Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. Grosvenor Americas uses their knowledge of the cities they work in and their property skills to develop projects that contribute to the vibrancy and attractiveness of those communities. With particular interest in retail, residential condominiums and apartments, and mixed-use sectors, the Company currently operates in Washington, D.C., Seattle, San Francisco, Los Angeles, Vancouver and Calgary. As at 31 December 2015, Grosvenor Americas had assets under management of $2.7B USD. www.grosvenor.com Twitter: @GrosvenorAmer  

SOURCE Grosvenor Americas

Related Links

http://www.grosvenor.com

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