San Francisco's iconic Transamerica Pyramid has officially reopened after a $1 billion renovation led by luxury real estate developer Michael Shvo. The project, which began during the pandemic, includes extensive updates to the building and its surroundings, such as a new lobby, retail spaces, and an expanded Transamerica Redwood Park. Former Mayor Willie Brown and current Mayor London Breed attended the grand opening, which featured cultural programming and performances including the Kronos Quartet. Shvo aims for the revamped building to help revitalize downtown San Francisco, which has struggled with commercial vacancies and remote work challenges. The reimagined space now includes office amenities, a sky lounge, and public areas designed to attract both tenants and visitors. The grand reopening has generated optimism for the future of the city's Financial District.