Trammell, Strada Plan Mixed-Use Project on San Francisco Piers
Apartments, retail to be built on two San Francisco Port piers, seawall on Embarcadero.
Strada Investment Group and Trammell Crow are partnering to transform two piers and a seawall lot on the San Francisco Port into a mixed-use residential, retail, recreation and office development.
The development will involve Piers 30 and 32 along San Francisco’s famed Embarcadero between Bryant and Beal Streets in the city’s South Beach neighborhood, according to a report in TheRegistry.
The development site stands at the foot of the San Francisco-Oakland Bay Bridge, within walking distance of Union Square, Chinatown and the Salesforce Tower.
About 13 acres on the two piers and about 2.3 acres on the seawall will be combined to form the site of the mixed-use development, which will include 850 residential units, 25% of which will be designated affordable.
About 45% of the existing piers, encompassing about six acres, will be demolished to make way for the development and the installation of habitat enhancements, “green infrastructure,” and what are being called “seismic and shoreline improvements” to protect the harbor, port and city from sea-level rise—including storm surges or tsunamis.
The plans filed with the city also call for the retention of the self-scouring deep-water berth on the east face of the piers, the report said, features that are integral to the port’s maritime operations as well as San Francisco’s disaster response and recovery.
Strada and Trammell are planning to build two new finger piers at the site that will support waterfront public spaces, including new parks and docks for personal boats.
A 634K SF development on the seawall lot will support 714 of the residential units, about 35K SF of open space and 13K SF of retail. The new piers will include 57K SF of retail and recreational space and 5.2 acres of public access area, the report said.
Amenities planned for the new piers will include an aquatic recreational facility, a kayak launch and storage facility, a public promenade and a floating San Francisco Bay pool. (You read that right, they’re going to have a swimming pool floating in the Bay).
The development also will have about 300K SF of office space.
The project is in the midst of an environmental review and final lease negotiations that are expected to be completed by the end of this year.
The Port of San Francisco manages 7.5 miles of waterfront property that includes historic districts, tourist attractions and small businesses as well as maritime operations.
Piers 30 and 32, as well as Seawall Lot 330 have been designated “major unimproved sites” on the South Beach waterfront for several years.