Office of Economic and Workforce Development
Lurie’s $16.85B San Francisco Budget Bets on Zoning, Permitting and Downtown to Reignite CRE
Mayor’s FY27-FY28 spending plan closes a $642MM deficit while pouring resources into City Planning, PermitSF, affordable housing and street capital — signals the...
Bay Area Billionaires to Fund Half of $40MM Embarcadero Plaza Redesign in San Francisco
Crankstart and the newly formed Downtown Development Corp are pledging $20 million combined toward the public space overhaul, anchoring a public-private partnership that...
BXP, City Advance $25MM Embarcadero Plaza Redesign as Downtown San Francisco Office Demand Rebounds
The five-acre waterfront overhaul moves into a critical design phase as the city’s largest office landlord doubles down on the public realm to...
San Francisco Announces $6.3MM in New Grants to Support Neighborhood Businesses and Accelerate Storefront Openings
Office of Economic and Workforce Development Grants Support Neighborhood Vibrancy, Drive the City’s Comeback; Builds on City’s Efforts to Make it Easier to...
San Francisco’s BUILD Act Slashes Transfer Tax on Large Real Estate Deals to Unlock Tens of Thousands of Stalled Housing Units
Mayor Lurie and Supervisor Mahmood introduce revenue-neutral legislative package aimed at rolling back Proposition I’s doubled rates, reducing per-unit construction costs by $32,850,...
San Francisco Launches Tax Incentive District to Convert Empty Office Towers into 4,400 New Homes
The Downtown Revitalization Financing District is the city’s boldest move yet to address a stubborn vacancy crisis—but with zero completed conversions in four...
San Francisco Launches Up to $100,000 Storefront Grant to Fill Vacant Retail Spaces
The Office of Economic and Workforce Development is accepting applications through February 13 for grants and brokerage services aimed at activating empty commercial...
Developer Proposes Adding Up to 2,800 Units to Treasure Island Neighborhood
Treasure Island Development Plans Major Housing Expansion Amid San Francisco’s Building Slowdown San Francisco’s Treasure Island is preparing to significantly expand its housing...
Related California’s $750MM, 41-Story Tower at 530 Sansome Street Wins Unanimous Approval from San Francisco Supervisors
Luxury office-hotel development marks first major downtown project since pandemic, testing appetite for high-end space in struggling market San Francisco supervisors unanimously approved...
Mayor Lurie Unveils “Heart of the City” Executive Directive to Accelerate San Francisco’s Economic Comeback
SAN FRANCISCO – Mayor Daniel Lurie today announced a major initiative to accelerate the revitalization of San Francisco’s downtown, unveiling his “Heart of the...
Hines Bets Big on San Francisco’s Future with Record-Breaking 1,225-Foot Tower Proposal
Developer’s ambitious plan for former PG&E site would create West Coast’s tallest building amid downtown office market struggles Houston-based developer Hines has filed...
Bang & Olufsen Returns to Downtown San Francisco as High-End Retailers Signal Confidence in Recovery
Danish luxury audio brand marks comeback with October 2025 opening amid signs of life in Union Square retail district Bang & Olufsen, the...
