In the heart of San Francisco’s Dogpatch district, community leaders and business figures convened for an insightful session delving into the transformative master plan for Pier 70. This 28-acre mixed-use waterfront development, under the exclusive purview of Forest City Development California, holds the promise of morphing desolate industrial expanses into the city’s next dynamic hub for creatives, tech enthusiasts, food aficionados, and social entrepreneurs.
Led by Jack Sylvan and Alex Michel of Forest City Development California, the tour and presentation unfolded against the backdrop of Forest City’s prior success with the 5M Project, a development that reshaped the former San Francisco Chronicle Building into a thriving ecosystem. Home to the acclaimed Hub incubator office space, SF Made local manufacturing shop, and the popular Off the Grid food trucks, the 5M Project has become a catalyst for urban innovation and economic development in San Francisco, embodying a spirit distinct from traditional Fortune 500 realms.
In its early master planning phases, Pier 70 envisions a 15-year journey towards its full potential, encompassing 2.25 million square feet of office space, 8 acres of waterfront parkland, over a quarter-million square feet dedicated to creativity spanning art, food, technology, local economies, and social entrepreneurship. Additionally, the plan includes 1,000 residential units, with 20 percent earmarked as “affordable.” The blueprint intricately weaves historic building restoration, a vibrant “creative core” extending towards the waterfront park, and high-density office spaces forming the outer edges akin to a hot dog bun.
To ensure the financial viability of the less lucrative “creative core,” high-density elements, such as two large office buildings, are strategically integrated into the plan, as explained by Alex Michel.
Community engagement stands out as a pivotal aspect of Forest City’s early efforts, exemplified by the collaboration with local artist Wendy Macnaughton. Her artistic exploration of the neighborhood captures its essence, offering a visual narrative of the area and its diverse inhabitants.
Jack Sylvan, a former economic development official with the City of San Francisco, emphasized the estimated $152 million required for crucial infrastructure enhancements on the site. This includes seismic upgrades and addressing engineering challenges posed by slipways.
As Pier 70 unfolds its ambitious master plan, it emerges not just as a development project but as a testament to sustainable urban innovation, fostering collaboration, and redefining the city’s landscape.
Explore more about sustainable urban projects and innovations at CommonShare, where environmental, social, and governance (ESG) values converge with cutting-edge initiatives.