Turning Chocolate into Cash-Filled Condos: Ghirardelli Square, San Francisco

One of my favorite San Francisco landmarks is Ghirardelli Square near Fisherman’s Wharf. It’s not as touristy as its neighbor. It’s got a gorgeous view of SF Bay, the Golden Gate Bridge, Alcatraz Island, and the Marin County hills. And it’s home to the world-famous Ghirardelli Chocolate & Ice Cream Factory.

Now, the office building behind the soon to be converted to more upscale shops and restaurants is being converted into 54 high-priced timeshares –– going for $235,000 US for a two-bedroom apartment and $335,000 US for a three-bedroom apartment called Fairmont Heritage Place. These won’t just be apartments. They’ll actually be “luxury private residence club homes” with million dollar views.

Read more at SFGate.com.