SAN FRANCISCO, July 6th, 2016 – Cushman & Wakefield, a global real estate services firm with offices in San Francisco, has joined the “all-star team” working on Chase Center and the Warriors’ new sports and entertainment complex in the city’s Mission Bay neighborhood, GSW Arena LLC announced today.
Cushman & Wakefield’s San Francisco Retail Team has been selected as the leasing agent responsible for developing more than 100,000 square feet of retail and restaurant space at Chase Center. Retail Vice Chairman Kazuko Morgan, Managing Director Rhonda DiazCaldewey and Director Kelly Vinson will lead the effort.
“We’ve put together an all-star team for the design, construction and operation of this spectacular destination in Mission Bay,” said Rick Welts, president of GSW Arena LLC. “Cushman & Wakefield will play a vital role.”
“The Cushman & Wakefield Retail Team is delighted to be an integral part of the Warriors’ plan, which will be a boon to San Francisco and have a positive economic impact on our entire region,” DiazCaldewey said.
Morgan added: “We are extremely proud to have the opportunity to work with what we consider the best professional sports franchise in the world.”
Cushman & Wakefield’s retail experts will lead the effort to secure dining and retail operators that will be a perfect fit for the location, and that will enhance the fan experience at Chase Center.
“Chase Center will be a cultural hub for the Bay Area that will be enjoyed throughout the entire year,” Vinson said.
In January, the Warriors announced that the new state-of-the-art sports and entertainment center will be named “Chase Center,” as part of a 20-year naming rights partnership with J.P. Morgan Chase.
Set to open for the start of the 2019-20 NBA season, the 18,000-seat Chase Center will anchor 11 acres of restaurants, cafes, offices, public plazas and other amenities the neighborhood currently lacks, along with a new five-and-a half-acre public waterfront park. Chase Center will be located on a major Muni Metro rail line with easy links to BART and other transit options. When complete, it will be the only privately-financed facility of its kind built on private property in the modern era.
Chase Center will be built by Joint Venture partners Clark Construction Group and Mortenson Construction, combining an expertise in sports and entertainment construction with a long history of successful projects in San Francisco.
The sports and entertainment center will be built on a vacant lot that has been slated for development since 1998. The team purchased the property at Third and 16th Street in 2014 and has spent two years participating in a public planning process. The project won approval from 100 percent of city agencies and commissions, including the San Francisco Board of Supervisors, which voted 11-0 to uphold the project’s Environmental Impact Report.
About GSW Arena LLC
GSW Arena LLC, founded in 2010, is privately funding the construction of a new sports and entertainment center to be named Chase Center, which will be the anchor of an 11-acre mixed use complex on private property in San Francisco’s Mission Bay neighborhood. For more information, please visit www.chasecenter.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. The firm uses its global resources, expertise, insights and scale to address some of the most urgent challenges facing communities around the world including the need for increased economic opportunity. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.