Studio Gang-Designed Apartment Tower Will Complete First Phase of 28-Acre Mixed-Use Waterfront Development
SAN FRANCISCO, June 7, 2022 – The Mission Rock Partners development team, a collaboration of the San Francisco Giants and Tishman Speyer, today announced the start of construction on Parcel F, a 23-story multi-family residential tower in San Francisco’s Mission Rock neighborhood.
Designed by award-winning global architecture and urban design practice Studio Gang, Parcel F will encompass 254 rental apartments – 97 of which will be offered below market rate – along with a series of amenity and outdoor spaces. The 315,000-square-foot tower, which is expected to open in 2024, will also host a variety of street-level shops and cafes, as well as nearly 25,000 square feet of co-working space.
Parcel F is the fourth and final tower in the first phase of the Giants’ and Tishman Speyer’s creation of a dynamic 28-acre, mixed-use waterfront community across from Oracle Park. Mission Rock Partners recently topped off “The Canyon,” a mixed-use tower designed by MVRDV featuring 283 apartments – 102 of which will be affordable – along with office space, retail and restaurants. Construction is also ongoing on Visa’s new global headquarters by Henning Larsen and another commercial/life science building by WORKac, each encompassing 300,000 square feet with ground floor retail. In addition to designing Parcel F, Studio Gang facilitated the collaboration among the cohort of design architects of the Phase One buildings.
“For Phase One of Mission Rock, we assembled a team of world-renowned architects and local Bay Area designers to work collaboratively on a set of towers that collectively emphasizes placemaking and experience, while ensuring each building has its own distinct identity and feel,” said Matthew Biss, Senior Managing Director of Tishman Speyer. “It is thrilling to witness the community’s vision for Mission Rock taking shape.”
Added, Julian Pancoast, Vice President of Real Estate Development for the San Francisco Giants, “Parcel F is destined to become a central social hub and community gathering place for Mission Rock. In addition to supplying vibrant new homes – 97 of which are affordable for San Francisco’s working families – Parcel F will animate Mission Rock with a series of outdoor terraces and lively retail spilling out onto the plaza and streets surrounding the building.”
“Parcel F is designed to work with its adjacent buildings to set up a welcoming and diverse neighborhood from day one—a place where people want to be and where they can comfortably get to know each other and spend time together. The tower’s base incorporates a range of storefronts and micro-activations at street level that give the building a human scale,” said Studio Gang founder, Jeanne Gang. “We’ve also carved into the base to create an inviting outdoor space with sunny planted terraces and raked seating, like a mesa, where residents can socialize and relax, taking in views of the activity in the main public square below.”
The sculpting strategy of Parcel F continues up the tower, where floorplates are carved back at the corners to create comfortable outdoor terraces. Oriented and shaped to maximize sunlight and minimize wind, the terraces feature impressive views of the surrounding city and bay, while continuing the “community topography” started at the mesa. Subtle variations in color bring added character to the tower.
A lively “sky garden” will adorn the top of the tower, where residents of Mission Rock can relax, socialize and enjoy the view. The garden’s regionally-appropriate plantings will create an attractive place for birds, butterflies and other pollinators to visit, supporting healthy biodiversity within the city. Parcel F, which is targeting LEED Gold certification, will be steps from China Basin Park, a five-acre waterfront park designed by SCAPE to act as the cultural and recreational centerpiece of Mission Rock.
Upon completion, Mission Rock will encompass approximately 1,200 rental apartments, 40 percent of which will be affordable to low- and moderate-income households; eight acres of public parks and open space; up to 1.4 million square feet of high-quality office and lab space; over 200,000 square feet of neighborhood retail and local manufacturing space; a parking structure to serve the ballpark and other local needs; and the rehabilitation of historic Pier 48.
About Tishman Speyer (tishmanspeyer.com)
Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 31 key markets across the United States, Europe, Asia and Latin America. We develop, build and manage premier office, residential and retail spaces for industry-leading tenants, as well as state-of-the-art life science centers through our Breakthrough Properties venture. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers’ evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO., and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 498 properties, totaling 219 million square feet, with a combined value of over $124 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco.
About the San Francisco Giants (sfgiants.com)
One of the oldest teams in Major League Baseball, the 139-year old franchise moved to San Francisco from New York in 1958. After playing a total of 42 years in Seals Stadium and Candlestick Park, the team moved to the privately constructed, downtown ballpark on the corner of 3rd and King in 2000. The organization is widely recognized for its innovative business practices and baseball excellence having been named in the past decade the Sports Organization of the Year by Street & Smith’s Sports Business Journal, Organization of the Year by Baseball America and ESPN’s Sports Humanitarian Team of the Year. Oracle Park is also the only ballpark in the country to have earned Silver, Gold and Platinum LEED certification for an existing building. Since opening its gates, Oracle Park has become internationally-renowned as a premier venue in the world of both sports and entertainment. On the diamond, more than 64 million spectators have witnessed countless magical moments, including three World Series Championships (2010, 2012 & 2014), the raising of four National League Pennants and eight playoff appearances. The ballpark has also hosted some of music’s biggest acts, including Lady Gaga, Beyoncé & Jay Z, Ed Sheeran, the Rolling Stones, the Eagles, Bruce Springsteen and the E-Street Band, Green Day and Billy Joel.
About Studio Gang
Studio Gang is an international architecture and urban design practice founded and led by Jeanne Gang. Driven by an ethos of actionable idealism, the Studio uses a research-based design process to create striking places that build stronger relationships between people, their communities, and the natural environment. The Studio’s award-winning work ranges from community centers and cultural institutions such as Writers Theatre to tall buildings like Aqua Tower and Solar Carve that foster community. Upcoming projects include an expansion to the American Museum of Natural History; a new United States Embassy in Brazil; a unified campus for California College of the Arts; and the Global Terminal at O’Hare International Airport. Regularly named one Fast Company’s Most Innovative Architecture Companies, Studio Gang is headquartered in Chicago with offices in New York, San Francisco, and Paris. The Studio’s most recent monograph, Studio Gang: Architecture, was published by Phaidon in both French and English editions.