Redevelopment Agency : Mission Bay

Project Description:

San Francisco’s new Mission Bay development covers 303 acres of land between the San Francisco Bay and Interstate-280. The Board of Supervisors established the Mission Bay North and South Redevelopment Project Areas in November 1998. Development is controlled through the Redevelopment Plans and Designs for Development, Owner Participation Agreements between the Redevelopment Agency and original master developer, Catellus Development Corporation (now held by FOCIL-MB LLC), and Interagency Cooperation Agreements, which commit all City departments to the Mission Bay Infrastructure Plans. Mission Bay is a mixed-use, transit-oriented development.

The maximum development program for Mission Bay includes:

• 6,000 housing units, with 1,700 (28%) affordable to moderate, low, and very low-income households. Redevelopment Agency sponsored non-profit developers will build 1,445 of the affordable units on 16 acres of land contributed by the master developer. The remaining 255 affordable units will be included in privately developed projects,

• 4.4 million sq. ft. of office/life science/biotechnology commercial space,

• A new UCSF research campus containing 2.65 million sq. ft. of building space on 43 acres of land donated by the master developer and the City,

• A state-of-the art UCSF hospital complex serving children, women, cancer patients

• 500,000 sq. ft. of city and neighborhood-serving retail space,

• A 500-room hotel,

• 41 acres of new public open space, including parks along Mission Creek and along the bay, plus 8 acres of open space within the UCSF campus,

• A new 500-student public school, a new public library and new fire and police stations and other community facilities.

The master developer will construct more than $700 million in public infrastructure in Mission Bay, to be financed through special assessments and increased property taxes generated by the development. Upon completion, the right-of-way and utility improvements will be accepted for operation and maintenance by the City. The Redevelopment Agency will operate the park system, funded by annual assessments against private property in the redevelopment areas.

Mission Bay is served by transit by Muni’s new 3rd Street Light Rail system, bus lines and the regional-serving Caltrain.

Mission Bay is expected to create more than 30,000 new permanent jobs, in addition to hundreds of ongoing construction jobs. Development began in 2000 and will take place over 20 to 30 years. Total development cost for Mission Bay is expected to exceed $4 billion.

As of September 2009, 3,126 housing units, including 674 affordable units, have been constructed in Mission Bay. An additional 319 units are under construction. More than 1.5 million of commercial office and biotechnology lab space has been built, with another 187,000 square feet under construction. Five buildings have been constructed on the UCSF campus, including three research buildings, a campus community center, and a university housing development. More than 11 acres of new parks and open space have also been completed.
For more information on Mission Bay click here. (Link “MB Summary September 2009 - 6 pages”)

Contact Information:

For more information on the Mission Bay Redevelopment Project Areas, please contact Kelley Kahn, Project Manager, at the San Francisco Redevelopment Agency at Kelley Kahn or (415) 749-2419, or Catherine Reilly, Assistant Project Manager, at Catherine Reilly or (415) 749-2516.