Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is positioning to break ground on the first phase of their massive (yes, massive) redevelopment of the Port’s 28‐acre Seawall Lot 337 (a.k.a Oracle Park’s Parking Lot A) by the end of this year or in early 2020 if pushed back a month or two.

Currently slated to be developed in four phases over the course of a decade, “Mission Rock” will yield over 1.4 million square feet of office, retail and restaurant space; over 1,300 units of rental housing in buildings rising up to 240 feet in height; 3,100 parking spaces; and nearly 8 acres of open space and parks.

And if approved by the Port and permitted, the newly revised plans for the first phase of the development will now yield 560 residential units in two 23-story towers, 550,000 square feet of office space in two new buildings, around 30 new retail/restaurant spaces across the bases of the Phase 1 buildings, and the 5-acre China Basin Park (which is intended to serve as “a buffer during storm events, protecting buildings and critical infrastructure”) as newly outlined below:

During the first phase of construction, which should take through 2023 to complete, the southern half of Parking Lot A would remain open and could continue to accommodate up to 1,500 vehicles along with parking for up to 1,000 cars on Pier 48 which has been carved out of the approved plans for the Mission Rock development.