What's Happening to This Historic SF Bank Building?
28 Dec 2025 · 1 min

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In this YouTube monologue, Austin Klar reports that Empire Records purchased the historic bank building at 1 Montgomery in downtown San Francisco for $24.5 million and has secured city approval to convert it into the company’s global headquarters. The redevelopment plan includes closing a privately owned public open space on the roof in exchange for hosting four free public concerts each year, as well as adding restaurant and event spaces. Klar frames the project as a model of innovative urban reuse, turning underutilized office space into vibrant, 24‑hour community amenities, and invites viewers to comment and follow for more San Francisco real estate updates.










