Firm proposes developments on Embarcadero

January 11, 2009 4:27:08 PM PST
A real estate development firm in San Francisco announced plans Saturday for a mixed-use housing and public open space project along the Embarcadero that would open a key patch of waterfront real estate to city residents.

San Francisco Waterfront Partners LLC and the Port of San Francisco made the announcement for the project that could add 140 to 170 LEED-certified residential units and three public open space areas across a stretch of private and publicly owned parcels across from the Ferry Building, Piers 1, 2 and 3 and bounded by Drumm, Jackson and Washington Streets, according to a statement by developers.

The company intends to combine a parcel of land only accessible to members of the private Golden Gateway Tennis and Swim Club with a parcel owned by the Port of San Francisco known as Seawall Lot 351, currently used as a parking lot.

The proposal, known as 8 Washington, will include three public space areas, opening views and public access to waterfront businesses and recreation in the city's Financial District, according to developers.

The Port Commission of San Francisco is scheduled to consider the mixed-use development proposal at its regular bi-weekly meeting on Tuesday at 3:15 p.m., in the Port Commission Hearing Room in the Ferry Building.