Thrusting 400 feet into the skyline at the edge of San Francisco’s Mid-Market neighborhood stands Fifteen Fifty, a mixed-use development designed by Skidmore, Owing, and Merrill (SOM) with 550 luxury apartments.

Leasing prices for homes inside the upcoming high-rise start from $3,500 for studios, $4,550 for one-bedrooms, $6,400 for two-bedrooms, and $9,900 for three-bedrooms.

In addition to residences, the new structure will come with an Equinox, a new Bar Agricole with interiors designed by Snøhetta (who conceived the new expansion at SFMOMA), and a residents-only 12,00-square-foot private park by Marmol Radziner, who also designed the residential interiors

The building is noteworthy for its series of cascading setbacks that create the illusion of a 40-story glass waterfall on the facade—a far more inventive structure compared to some of its neighbors who, for the sake of civility, shall remain nameless.

The tower will also come with a separate 460,000-square-foot office building that will be the new home of the San Francisco Planning and [looks over brim of glasses] the Public Works Departments, the latter of which sits at the center of a bribery scandal that has reached the upper echelons of City Hall.

In less contentious news, Fifteen Fifty fancies itself as being part of a newfangled neighborhood called “Van Mission,” a combination of South Van Ness and the Mission that sounds more like a trustafarian who sold their belongings to live in an RV. No word yet if the new ‘hood moniker will stick.

Fifteen Fifty will also feature 20 percent affordable housing for low-income households. Move-ins are slated for this spring.