What is happening at the Transamerica Pyramid?


The Transamerica Pyramid is getting a makeover.

Michael Shvo’s real estate investment firm, which bought the city's most famous office building and two adjacent buildings in 2020, has begun a $400 million renovation of the entire block.

New York-based Shvo, along with Deutsche Finance America and a group of European investors, paid $650 million for the properties between San Francisco's Financial District and Jackson Square. Here's a look at what's going on behind the boarded-up building.

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