OCII votes to release Related from Transbay Block 8 grocery obligation after staff finds good‑faith efforts

The Commission on Community Investment and Infrastructure voted 3–2 on April 2 to terminate a developer’s contractual obligation to deliver a grocery at Transbay Block 8, concluding Related California and its partners had made the good‑faith leasing efforts required under section 9.07 of the disposition and development agreement (DDA).

OCII staff recommended the release after a multi‑year effort by the developer to market the roughly 12,400–17,600 square feet of retail space planned at Folsom Street between First and Fremont. Shane Hart, OCII’s project manager for Transbay, told commissioners the developer engaged retail brokers, met repeatedly with the Transbay Community Advisory Committee and East Cut Community Benefit District, offered below‑market rent and increased tenant‑improvement allowances, and contacted a broad list of national and local operators. "The developer has made good efforts as required in the DDA," Hart said during the presentation.

Related California’s team and partners described their…