Mission Bay homes are in and retail seems sure to follow
From this week’s San Francisco Business Times, “Mission Bay’s condo craze is sparking a retail renaissance. With more than 1,000 residential units completed and 6,000 more slated for completion within the next 36 months, plans are progressing to pack shops and restaurants into the area. Along with some 170,000 square feet of ground-floor retail planned within the Mission Bay development, a further 100,000 square feet or so could be developed at existing sites throughout the nascent neighborhood.”
“”I know of four to six other sites that are actively being explored for additional retail. These are existing buildings that would be reconfigured.” said Sheldon Pont, a retail and shopping center consultant with GVA Whitney Cressman. Pont noted one such site was 444 De Haro St. — an office building across the street from the new Whole Foods Market at 450 Rhode Island St. slated to open April 2007.”
In case you guys didn’t know this, and as I reported last October, there is a Whole Foods opening in Potrero Hill next year…
“Housing developers Bosa Development, Opus West Corp., Urban Housing Group and the San Francisco Affordable Housing Agency are planning to build 74,000 square feet to 87,000 square feet of combined ground-floor retail below their residential units lining both sides of Fourth Street.”
“Only building entries and retail storefronts will be permitted on the block. No garages or other non-pedestrian-friendly uses will be permitted.”
