In the works for over a decade and now expected to take another 10 to 15 years to complete, the key approvals for the redevelopment of San Francisco’s 28-acre Pier 70 site, the height limits for which were increased by voters back in 2014, could be approved by San Francisco’s Planning Commission next week.
Depending upon whether Forest City decides to maximize the Central Waterfront site for residential or commercial use, the Pier 70 Project will yield between 1,645 and 3,025 residential units; between 1.1 and 2.3 million square feet of commercial/office space; and up to 519,000 square feet of space for retail, light industrial and arts uses along with up to 3,345 off-street parking spaces and nine acres of open space.
New buildings will range from 50 to 90 feet in height, intermingled with a few rehabilitated structures across the site.
And assuming the project’s Draft Environmental Impact Report is certified, a Pier 70 Special Use District is adopted, and the project’s Design for Development and Develop Agreement are approved, the ground could be broken for the waterfront development next year.
The redevelopment of Pier 70’s Historic Core, which is a separate six-acre project, is already underway.