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Mission Rock Phase 1 aims for 550 units and a 5.5‑acre waterfront park; developers target spring 2020 vertical construction
Summary
Project sponsors presented Phase 1 of the Mission Rock mixed‑use redevelopment: roughly 550 residential units (about 200 inclusionary), 550,000 sq ft of office, 70,000 sq ft of ground‑floor retail and a 5.5‑acre waterfront park with raised grades and district sustainability systems; port and city approvals remain ongoing.
Project sponsors for Mission Rock updated the Planning Commission on Phase 1 of the Seawall Lot 337 redevelopment, describing infrastructure, resilience and a housing‑heavy first phase.
Jack Baer (San Francisco Giants) and the Tishman Speyer team described the updated Phase 1 phasing and a swap of parcels to accelerate housing delivery and create a stronger ground‑plane configuration. Heather Tazala outlined phase goals: delivering substantial housing (market rate and affordable), establishing a complete ground‑floor intersection with retail, and building a marquee 5.5‑acre waterfront public park network anchored by China Basin Park with a civic plaza, a great lawn and a food pavilion.
Maggie Cook summarized Phase 1 numbers: approximately 550 residential rental units (including roughly 200 inclusionary units), two residential towers at 240 feet adjacent to parks, and about 550,000 square feet of office in two buildings. Sponsors stressed transit connections to Third Street light rail, the N Judah line, Caltrain and walking/biking networks, along with secure bicycle parking and a new segment of the Bay Trail.
Carl Shannon (Tishman Speyer) said the project relies on mixed‑use economics to deliver about 40 percent affordable housing on site and that the team anticipated being under vertical construction in spring 2020, with Phase 1 open in spring 2022. Commissioners asked about sustainability measures — sponsors affirmed district electrification, on‑site blackwater treatment and a site‑raising strategy to accommodate sea‑level rise — and about construction schedule and sequencing. Public comment included support from housing advocates who emphasized the substantial affordable share in Phase 1.
The presentation was informational; final port and city approvals (including port commission sign‑offs and disposition and development agreements) remain necessary before construction can proceed.
