The San Francisco Shipyard in Hunters Point is set to revitalize a previously industrial section of the city's southern edge, and now one of the Bay Area's biggest companies is in talks to be part of the plans. Google and Lennar Urban, the developer of the Shipyard, have begun early discussions about the office space that will begin to open to tenants in 2018, the San Francisco Business Times reports. The site's 3 million square feet of planned office and R&D space could make it a prime location for a tech campus, although it is far too soon to tell if Google will ultimately be a tenant there.
When the huge Shipyard development is complete, it will have 12,000 homes, extensive parklands and open space, and new transportation options and infrastructure. Just across a pedestrian bridge will be a 500,000-square-foot outdoor mall. For now, however, the development is still in its early phase, with clean-up efforts of radiological contamination continuing and the first Shipyard residents just moving into their homes. That means that any company that signs on to move into the project's office space is gambling on the vision of Lennar Urban, but there are also some clear upsides to the space.
It is one of the only spots in the city that is large enough to hold a true tech campus, and its first 800,000 square feet get priority for approvals under Proposition M, the city's cap on new office space. The office space will also be close to the Shipyard's new housing and is much closer to downtown San Francisco, where many tech workers are choosing to live, than locations down the Peninsula.
According to the Business Times, YouTube, which is owned by Google, is facing the end of its San Bruno lease in 2018, the same time that the Shipyard space will open. And with the company's plans for a futuristic Mountain View campus largely dashed by the local city council, Google may be on the hunt for additional space away from its main headquarters.
· Google Eyes San Francisco's Hunters Point Shipyard for Future Office Space [SF Business Times]
· New SF Shipyard Homes Have Pricing That Starts Under $500K [Curbed SF]
· Urban Outlet Will Anchor New Development at Candlestick Point [Curbed SF]
· Inside the Brand-New Residents' Homes at the SF Shipyard [Curbed SF]
· Google's Glass Dome Is Back and Smaller Than Ever [Curbed SF]