There is a new vision for the former home of the San Francisco Giants and 49ers: an entirely new community. Developers Five Point and Macerich have formed a joint partnership to develop Candlestick Point, a massive 775 acre mixed-use development that will become one of the largest projects ever in San Francisco. The first phase of the project will include a 500,000 square-foot urban outlet mall, 2,214 housing units, 134,000 square feet of office space, 220 room hotel, nine acres of parks and open space and 1,200 seat film arts center.
"The partnership with Macerich to develop the urban outlet jumpstarts the overall Candlestick redevelopment,'' Kofi Bonner, president of Five Point's San Francisco division, said in a statement.
Parking for the first phase of development will consist of 1.1 million square feet, including 2,750 structured parking stalls that will be provided in a below podium basement level under the retail and residential buildings and a 5 level parking structure. To enhance the user experience, a state of the art parking guidance system will guide users to an open stall, while an efficient and convenient PARCS system expedites payment. Attractive, finished lobby spaces will be visible from anywhere in the garage and provide wayfinding and branded signage to the retail level via elevators, stairs and escalators. These vertical circulation cores will be open to the sky to create a welcoming feeling. The structure will feature a photovoltaic system and will aid the projects pursuit of LEED Gold certification. To honor the site's former tenant, lights and seats from Candlestick Park were saved to be used as design elements for the retail paseos.
- Owner: Macerich and Five Point
- Project Status: Design Development
- Parking Stalls: 2,750
- Levels: 5
- Total Sq Ft: 1.1 million