San Francisco’s $2.2 Billion ‘Grand Central’ Is Finally Open

Aug 23, 2018

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

San Francisco’s $2 billion transit terminal is finally open after nearly a decade of construction. The Bay Area is calling this monster transit center the “Grand Central of the West.” It spans more than three city blocks and is equipped with a rooftop park with an outdoor amphitheater, kiosks with board games, a playground, a reading area and more.

Opened on Aug. 12, the new Salesforce Transit Center is located near the heart of downtown and is expected to accommodate 100,000 passengers each weekday and up to 45 million people a year. New York’s Grand Central Station sees 750,000 visitors daily. One San Francisco native told the AP that this center was long overdue and hopes the new bus bridge that provides direct access to the Bay Bridge will alleviate traffic after the Transbay terminal was demolished in 2010.

Photo via AP News
Photo via AP News

The five-level terminal includes a bus deck and a lofty sky-lit entrance hall. The $2.2 billion project is financed by land sales, federal stimulus grants, district fees and taxes, bridge tolls and federal and state funds. Salesforce, an online business software company, opened an adjacent 61-story Salesforce Tower three months ago and bought the naming rights to the transit center in 2017 as part of a 25-year, $110 million sponsorship agreement.

Photo Via AP News
Photo Via AP News

Another San Francisco resident compared the new terminal the NYC’s Highline in Chelsea, the AP reported. The center will eventually be home to restaurants, retail shops and a gondola. Additionally, there are plans for a three-platform underground train station and connections to a high-speed rail line that’s under construction in California’s Central Valley.

Bank of America® Premium Rewards® Visa® credit card

This card from Bank of America gets really interesting if you have a BofA checking, savings or investment account. Depending on the value of your combined accounts you can potentially get as much as 3.5x points on travel/dining and 2.625x points on other purchases making it the richest consumer banking bonus out there.

Apply Now
More Things to Know
  • Receive 50,000 bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
Intro APR on Purchases
N/A
Regular APR
17.74% - 24.74% Variable APR on purchases and balance transfers
Annual Fee
$95
Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.