Forest City has unveiled their plans for the redevelopment of the 69-acre Pier 70 site with a proposal for over two million square feet of office space, 275,000 feet for “artisans, retailers, designers, and boutique manufacturers,” and up to 1,000 new housing units.
From the Business Times with respect to the plan:
While much of the proposal carries out ideas cultivated at Forest City’s 5M project at Fifth and Mission, the inclusion of housing is surprising because the Port of San Francisco had previously said that residential development at the site would conflict with the noisy ship repair businesses that flourish on the pier. But Forest City has circumvented the conflict by placing the housing as far from the ship operations as possible and has been working closely with BAE Systems, which operates the facility, the largest floating dry dock on the U.S. West Coast.
Phase one of the project, which would commence in 2016, includes the conversion of the hisoric 100,000-square-foot Building 2 into about 100 units of housing and the conversion of the historic 160,000-square-foot Building 12 into “a loft-style creative office building with a ground floor marketplace that spills out into the public plaza,” the Market Square.
Office and residential components of the project would be concentrated to the north and south of the site with new buildings rising up to 235 feet, while a public promenade would be built along the bay, part of San Francisco’s Great Blue Greenway Project.
∙ Now Calling All Developers For San Francisco’s Pier 70 [SocketSite]
∙ Forest City Receives Port Staff’s Final Pier 70 Rose [SocketSite]
∙ Forest City unveils Pier 70 plan [bizjournals.com]
∙ Testing The Waters To Develop Four Infill Acres At Fifth And Mission [SocketSite]
∙ San Francisco’s Great Blue Greenway Vision And Interconnected Plans [SocketSite]