Mission Bay is San Francisco’s ‘newest’ neighborhood, having been dramatically transformed from railroad yards and industrial warehouses into a dynamic mixed-use neighborhood.
Mission Bay was originally submerged underneath the San Francisco bay. Almost as soon as our first settlers arrived, people went to work reclaiming MissionBay, filling it in with pretty much whatever free dirt was available at the time. The neighborhood had been completely built out by the early 1900’s, with debris from the great 1906 quake providing the final fill for the neighborhood.
For many years, it was home to rail yards for the Southern Pacific Railway. As mergers swept through the rail industry in the 1980s, the land was spun off into a real estate subsidiary of the railway (Catellus). Extensive redevelopment plans began decades ago, and it has only been in the past few years that we have begun to reap the benefits of those redevelopment plans.
The northern part of Mission Bay will be almost exclusively residential, with a hotel and a few other buildings scattered in. A variety of condominium buildings have been built north of channel creek, with the Arterra, 235 Berry, and 255 Berry being just a few of the completed condominium projects. Avalon also has several apartment buildings in this area of Mission Bay.
The south-western part of the neighborhood is occupied by the UCSF mission bay campus and hospitals, while the south-eastern portion of the neighborhood is zoned for commercial office space, with salesforce.com leading the way with plans to build a 14 acre global headquarters campus. Biotech also plays a prominent role in the neighborhood, with numerous companies claiming Mission Bay as their home.
Radiance at Mission Bay, developed by Bosa, was the first residential building in the neighborhood south of channel creek. The Madrone SF will be the second residential development south of channel creek in the neighborhood, with current occupancy estimated in the Fall of 2012.
Mission Bay has undergone an incredible transformation in the past twenty years, and promises to be an interesting and exciting part of San Francisco in the coming decades.