When Transamerica CEO John R. Beckett first came up with the idea of the Transamerica Pyramid, he wanted a unique experience. He dreamt of a tall building to allow natural light and fresh air to filter down to the streets below. With the help of designer William Pereira and Hathaway Dinwiddie Construction Company, the building was erected in 1972 after $32,000,000 and three years of construction. This 853-foot building remains the tallest building in Northern California.
In 1999, Transamerica Corp was bought out by AEGON USA, Inc., a large international insurance organization. Today, the Transamerica Pyramid no longer functions as the headquarters of the financial service products once offered by the Transamerica Corp. However it continues to stand strong as a symbol of Transamerica Corp.
The Transamerica Pyramid is one of the most iconic buildings located in San Francisco. It is located in the heart of San Francisco’s Financial District, between the intersection of Washington and Montgomery. The Pyramid houses over 1,500 people who are employed at over 50 finance firms.