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OCII hears update on efforts to secure grocery tenant at Transbay Block 8

Commission on Community Investment and Infrastructure · October 3, 2017
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Summary

OCII staff and the developer reported on outreach to grocers for the 12,385-sq-ft grocery space at Transbay Block 8 (part of an 18,000-sq-ft retail program) and said lease negotiations could produce letters of intent by mid-2018; commissioners pressed staff on parking, tenant mix and outreach to local grocers.

Commission staff and the developer updated the commission Oct. 3 on ongoing efforts to lease retail space reserved for a grocery at Transbay Block 8.

Shane Hart, Transbay project manager for OCII, said Block 8 includes 548 residential units (398 market-rate, 70 inclusionary rental units and 30 OCII-funded rentals) and 18,000 square feet of retail; 12,385 square feet is reserved for a grocery (about 2,254 sq ft at ground level and roughly 10,130…

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