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Buoyed by Biotech Hopes, SF State Eyes Hunters Point Shipyard

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We've been watching the new housing go up at Lennar Urban's massive mixed-use development at the SF Shipyard, and now San Francisco State University would like to join the party with a biotech incubator of sorts. The school is angling for a 60,000-square-foot lease in a planned innovation center at the former shipyard. That would amount to about one-fifth fiftieth (yikes, sorry, guys!) of the site's total of 3.2 million square feet designated for office, entertainment, retail, hotel, and, yes, biotech space.

If a deal follows, the school will be the first major tenant to put down roots on the site. SF State president Leslie Wong told the San Francisco Business Times, "We want to be, we plan to be, the anchor institution at Hunter's Point." The curriculum would be broader than UCSF's model at Mission Bay, and could incorporate digital arts, information technology, and hospitality management.

In addition to all that commercial space, Lennar Urban's plans also include 12,000 units of new housing, 300 acres of open space, and a $30 million artists' building. But the 300 homes now under construction—along with the few dozen that have already landed on the market—are just the beginning of a 15-year, $8 billion voyage.

· New SF Shipyard Homes Have Pricing that Starts Under $500K [Curbed SF]
· SF State wants to expand at Hunters Point [SF Business Times]
· $30 Million Artists' Building Approved for SF Shipyard [Curbed SF]