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August 9, 2020
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San Francisco Giants Team Up with Tishman Speyer for San Francisco Waterfront Development


The San Francisco Giants have selected Tishman Speyer as its joint venture partner to develop the waterfront Mission Rock mixed-use neighborhood near AT&T Park. Mission Rock is a public-private partnership with the Port of San Francisco and the City and County of San Francisco. As co-master developer and general partner, Tishman Speyer will work with the Giants to design, build, lease, and program this new San Francisco neighborhood.

In 2010, the Giants won the exclusive rights to develop Seawall Lot 337 -- a 28-acre waterfront parcel currently used for ballpark parking – into Mission Rock, a mixed-use urban neighborhood located across McCovey Cove from AT&T Park. The project recently completed the entitlement phase and is entering into design for phase one of the project.

Since then, the team has collaborated with the Port, city agencies, stakeholders and neighbors on the overall vision for the new neighborhood. Mission Rock will serve as a centerpiece for the emerging Central Waterfront neighborhood and will include:

• Approximately 1,400 residential rental units, with 40% affordable to low- and moderate-income families.
• Eight acres of parks and open space, including a signature waterfront park.
• Up to 1.4 msf of new, high quality office space.
• 250k sf of neighborhood-serving retail and local manufacturing space.
• Parking structure to serve ballpark and neighborhood needs.
• Rehabilitation of historic Pier 48.
• Public waterfront access and improvements, including a segment of the Blue Greenway trail connection from Embarcadero to Hunters Point.
• Thousands of construction and permanent jobs.

One of the oldest teams in Major League Baseball, the 136-year old franchise moved to San Francisco from New York in 1958.  After playing a total of 42 years in Seals Stadium and Candlestick Park, the team privately constructed AT&T Park in 2000.  In 2010, the franchise was named the Sports Organization of the Year by Street & Smith’s Sports Business Journal and in 2010 was named Organization of the Year by Baseball America.

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