Zoned for a 500-room hotel and 50,000 square feet of retail, the rendering above was developed as a concept for Farallon Capital Management which has sold the Mission Bay Block 1 site to Strada Investment Group which plans to build a hotel, retail and residential.
Since we last published our map of Mission Bay blocks under development, Salesforce has abandoned their plans to build a campus while building upon Block 2 has commenced.
∙ Strada checks in with $220M hotel, retail, housing deal [Business Times]
∙ Mission Bay Neighborhood Block And Construction Watch [SocketSite]
∙ Salesforce.com Kills Mission Bay Campus, Open To Offers For Land [SocketSite]
∙ Mission Bay Block 2 Watch (And Renderings) [SocketSite]