New Rincon Park Restaurants Open
Two new restaurants recently have opened at Rincon Park. Located at the foot of Folsom Street on The Embarcadero, The Epic Roasthouse and Waterbar restaurants are open to the public. These $20 million finely decorated restaurants provide another Pat Kuleto (Restaurateur) dining destination on San Francisco's waterfront. Visit: Epicroasthouse.com and Waterbarsf.com.
The Piers
The $55 million historic rehabilitation of Piers 1 ½, 3 & 5 (The Piers) was completed this year by San Francisco Waterfront Partners, LLC, a partnership between local developer, Pacific Waterfront Partners, LLC and the California State Teachers' Retirement System. The Piers are comprised of 60,000 square feet of Class A office space, 17,000 square feet of restaurants and retail, and 40,000 square feet of public access - consisting of the Port Walk, Bayside History Walk and the newly completed water taxi landing and free public dock at Pier 1 ½. This public amenity is the first of its kind in San Francisco and will help reconnect San Francisco to its waterfront - ultimately leading to a convenient, environmentally friendly and exciting new transportation system around and across San Francisco Bay.
The Piers are 85 percent leased. Current office tenants include Bloomberg, Renaissance Technologies and Aperture Investments, along with a new restaurant opening this summer, La Mar Cebicheria Peruana, located at Pier 1 ½, featuring an expansive outdoor waterfront dining deck. Additional exciting new restaurants and cafes will be located at Piers 3 and 5.
Seawall Lot 337 - Development Opportunity
The Port of San Francisco announced that four development concepts were submitted for Seawall Lot 337, a 16 acre waterfront site along the south bank of China Basin Channel, in Mission Bay. The development teams submitting proposals were:
- Build Inc.; Cherokee Investment Partners; UrbanGreen Devco, LLC
- Federal Development, LLC; Lehman Brothers; Construction Management and Development, Inc.
- Kenwood Investments, LLC; Boston Properties Inc.; Wilson Meany Sullivan, LLC
- San Francisco Giants; The Cordish Company; Farallon Capital Management, LLC
Port Executive Director Monique Moyer has appointed an eight member SWL 337 Advisory Panel with expertise in urban design, waterfront open spaces, environmental management, economic development, city planning policy, local community issues, and participatory government. The SWL 337 Advisory Panel will review the proposals and make recommendations to the Port Commission for a short-list of developers to be invited to prepare detailed development proposals and accompanying financial proposals. The development concept submittals will be screened for responsiveness to the Port's requirements before the Advisory Panel's review.
Come down and visit us or check back online for updates www.sfport.com.