SAN FRANCISCO—A development team to redevelop the Palace of Fine Arts Exhibition Hall was selected by the San Francisco Recreation and Parks Commission. The Maybeck Center team consists of the California Historical Society, the Exploratorium, TMG Partners and Flynn Properties.

Michael Covarrubias, chairman and CEO of TMG Partners tells GlobeSt.com: "Our Maybeck Center team–including Flynn Properties, the California Historical Society and the Exploratorium–has very thoughtfully approached the Palace of Fine Arts plan as we are keenly aware not only of its historical significance, but its meaning to San Francisco. We will very considerately be adding more interest and beauty to the community through our additions to this incredible structure."

The Maybeck Center team will focus on celebrating the history of the property and has partnered with the California Historical Society, leader of this year's centennial celebration of the Panama Pacific International Exposition, the World's Fair for which the Palace was built and The Exploratorium, the museum of science, art and human perception that was housed in the Palace for 44 years. The California Historical Society will collaborate with the TMG/Flynn team to continue to create exhibitions about the World's Fair in the lobby of the renovated Exhibition Hall. The Exploratorium will design engaging exhibitions to educate the public and illuminate the site's iconic place in San Francisco history and ecology. The team will renovate the existing Palace Theater, improving the space for continued community-oriented activities and arts programming that have enlivened the property since the theater was opened in 1970.

"We are excited to be a design and education partner on the Maybeck Center team to continue the legacy of the Palace of Fine Arts as a place of culture and learning for our local community as well as visitors to San Francisco," said Silva Raker, director of Exploratorium Global Studios.

The proposal includes a small boutique hotel to be called "The Maybeck," which will generate funds that pay for improvements to the Palace building while celebrating the Palace of Fine Arts design and legacy, including the work of its legendary architect, Bernard Maybeck. The hotel enhances the public's experience of a premiere public park setting.

"We look forward to working together with the Maybeck Center team and with the community to ensure that this iconic, historic resource is protected, preserved, and interpreted for generations to come," said Anthea Hartig, Ph. D., executive director and CEO, California Historical Society.

The Maybeck Center proposes a reuse of the property that will preserve and activate the building for future San Franciscans, while respecting the neighborhood setting and offering amenities to the site's existing visitor base, including a historic rehabilitation of the Palace of Fine Arts building connecting the magnificent exterior rotunda and colonnades for the first time to the building interior through a glazed, sky-lit visitor entrance and central dining court.

There will also be a full-service restaurant, bar and café offering high-quality local food and wines as well as picnic baskets for visitors to enjoy on the grounds. Shared bicycles, cars, on-demand transit and local shuttles to facilitate public access will be offered as well.

Mark Hornberger, Hornberger and Worstell, project architect and designer of renovations to the Ahwhanee Hotel in Yosemite and nationally recognized historic hotels, is the lead architect.

"We envision a project of the highest quality, worthy of the Palace's legacy. Our thoughtfully assembled team, including San Francisco's very own Exploratorium and the California Historical Society, is ideally suited to continue the heritage of the Palace of Fine Arts for generations to come," said Covarrubias.

TMG is also renovating a historical property in Oakland, CA, as previously reported.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.