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Committee advances Project CHESS conditional acquisition of 1500 Mission Street; project would consolidate city services and deliver housing

Budget and Finance Committee, Board of Supervisors, City and County of San Francisco · November 19, 2014
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Summary

The committee endorsed a conditional land disposition and acquisition agreement for 1500 Mission Street (Project CHESS), a mixed‑use plan estimated at $327 million that would create about 463,300 sq ft of city offices (≈1,300 employees), about 550 residential units with 20% on‑site affordable, LEED Gold targets, and local hire/LBE commitments; the item was forwarded to the full board as a policy matter.

The Budget and Finance Committee advanced a major real‑estate transaction known as Project CHESS — a conditional land disposition and acquisition agreement for property at 1500–1580 Mission Street — which the city would use to consolidate permitting and other departmental offices into a single campus while enabling a large mixed‑use development by the developer partner.

City real‑estate staff described the project as a cross‑departmental effort involving 13 properties and 12 departments to consolidate permitting functions into a one‑stop permitting center and consolidate approximately 100,000 square feet of leased space…

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