Mission Bay

OVERVIEW

This 300-acre project, adjacent to the San Francisco Giants’ AT&T Park, includes over six million square feet of commercial and biotechnology space, thousands of housing units, 500,000 square feet of retail, a hotel, nearly 50 acres of public open space, a new public school, fire and police stations and a new public branch library. At the heart of the development is the state-of-the-art University of California San Francisco (UCSF) life sciences campus—at full build-out, it will be home to over 9,000 researchers and staff. Next door to the UCSF Campus is the Gladstone Institute, an 180,000 square foot private research facility dedicated to cardiovascular diseases, virology and immunology and neurological disease. Just a short walk away is the California Institute of Regenerative Medicine (CIRM), the state agency that will provide $3 billion in funding for stem cell research over the next 10 years.

PROJECT UPDATE

Mission Bay has been extremely successful to date, with development moving rapidly since the adoption of the redevelopment plans for Mission Bay North and South. The northern portion of the area now has an active retail area focused along King Street, with almost 2,200 residential units completed, of which over 500 are preserved for lower income households. An additional 1,300 units are under construction throughout the Mission Bay area. With the continuing development of the new UCSF campus, the market for lab and office space has increased, with over 600,000 square feet of office and biotechnology space completed and almost 900,000 million square feet of additional space under construction. Finally, a new light rail line now connects the community to Downtown, and by early 2008 over 13 acres of public open space, in addition to the open space on the UCSF campus, will be accessible to the public. For more information, visit the City of San Francisco Redevelopment Agency.

PARTNERS

As part of the planning process for the Mission Bay area, detailed agreements were created to clearly outline the roles and responsibilities for each of the key players involved in Mission Bay to facilitate the redevelopment of the area. As a result, the implementation of the Mission Bay North and South Redevelopment Plans has been a highly cooperative effort, involving the public, master developer (originally Catellus Development Corporation, now FOCIL-MB, LLC), individual for-profit and non-profit developers, the Redevelopment Agency, the Office of Economic and Workforce Development's Joint Development Division, and a wide range of other City agencies.