Candlestick Point, the 280-acre redevelopment of the former home of the San Francisco Giants that was proposed nearly 15 years ago, may finally break ground next year.
Irvine-based FivePoint Holdings was awarded entitlements by the city in 2010 to build a massive mixed-use project on the former site of Candlestick Park in tandem with the redevelopment of the neighboring 500-acre San Francisco Naval Shipyard at Hunters Point.
The original plan, which centered on the Shipyard site, envisioned a combined total of 10,000 new homes and more than 5M SF of commercial space. The lion's share of the commercial space was earmarked for the Hunters Point development.
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