Plans to redevelop one of the Port of San Francisco’s historic pier buildings into a retail center have suffered a setback, following the developer’s withdrawal from the project. Atlanta-based Jamestown LLC cited “infeasibly high” infrastructure costs as the primary reason for terminating its 2016 agreement to lease and renovate the 20,000-sq-ft bulkhead building at Pier 29. Although the building was rebuilt following a 2012 fire, damaged framing in the pier’s 100-year-old reinforced concrete substructure limited its live load rating to 100 psf. The building also falls short of current seismic design standards for lateral force.
Infrastructure Costs Scrap San Francisco Pier Building Redevelopment
May 2, 2018