Draft:Mission Rock (San Francisco)

The Mission Rock neighborhood is a 28-acre mixed-use development located on Seawall Lot 337 and Pier 48 along McCovey Cove, south of Oracle Park in San Francisco, California, US.

Approved by San Francisco voters in 2015 through Proposition D, the project represents a major phase of the city's broader Mission Bay waterfront revitalization. It is being delivered through a public-private partnership between the San Francisco Giants, developer Tishman Speyer, and the Port of San Francisco.

The plan calls for approximately 1,200 housing units—about 40 percent of which will be affordable to low- and moderate-income households—along with roughly 1,400,000 square feet (130,000 m²) of office and life-science space, 200,000 square feet (19,000 m²) of retail, and 8 acres (3.2 ha) of parks and open space.

The site, formerly a parking lot and industrial area, was re-envisioned to emphasize waterfront access, sea-level-rise resilience, and active public spaces at the ground level. As of 2025, Mission Rock remains under active construction and leasing, with later phases planned.

Open space

The principal open-space feature of Mission Rock is the five-acre China Basin Park, designed by SCAPE Studio and located along McCovey Cove. The park includes the Great Lawn, the Gathering Grove of native trees, the Shoreline Sands beach-edge, and a Stormwater Garden that treats runoff from the surrounding development. It connects directly to the Bay Trail and opened to the public in April 2024.

Together with the planned Mission Rock Square and the waterfront promenade, China Basin Park forms the primary open-space network of the neighborhood. Since opening, the park has hosted community events such as *Pregame at the Park* gatherings tied to San Francisco Giants home games, outdoor fitness sessions organized by LuxFit, and the North Beach Climbing Festival held in summer 2025.

A future waterfront pavilion within the plaza is planned to house a new taproom for Fieldwork Brewing Company, marking the Berkeley brewery's first San Francisco location.

Parcels

As of Phase 1, the Mission Rock masterplan comprises several named parcels; later phases remain undetermined pending market conditions.

• Parcel A – "The Canyon" (residential + office) — a 23-story tower with approximately 283 apartments (102 affordable) and an office component over a shared podium.
• Parcel B – "Building B" (office + retail) — approximately 259,000 sq ft of office space and 13,800 sq ft of ground-floor retail; includes roof terraces and a district black-water treatment facility.
• Parcel F – "Verde" (residential + coworking) — a 23-story tower with about 254 rental units and a coworking space operated by Studio by Tishman Speyer at the base; completed 2024.
• Parcel G – Visa Global Headquarters (office) — approximately 299,600 sq ft total (≈283,000 sq ft office and ≈16,000 sq ft retail) for Visa Inc.'s corporate headquarters.

Retailers

Phase 1 includes roughly 45,000 square feet (4,200 m²) of ground-floor retail distributed across multiple buildings. Retail leasing is managed by CBRE, which has focused on establishing a local mix of San Francisco-based brands and neighbourhood-scale operators rather than national chains to encourage daily activation and a distinct sense of place.

As of late 2025, tenants open or signed include: Via Aurelia (fine dining from the Che Fico team), Flour + Water Pizza Shop and Quik Dog (both offering casual dining and cocktails), Sweetgreen, Blue Bottle Coffee, Ike's Love & Sandwiches, Proper Food and Arsicault Bakery. LuxFit operates a hybrid indoor-outdoor gym adjacent to China Basin Park, and Fieldwork Brewing Company is expected to open a taproom in 2026 overlooking the plaza.

Transit access

Mission Rock is served by the T Third Street light-rail line of the San Francisco Municipal Railway (Muni Metro), with the Mission Rock station located at Third Street and Mission Rock Street near the northwest corner of the site. The neighborhood is also accessible by several Muni bus routes, ferry service at Pier 48, and pedestrian connections to the Caltrain terminus at Fourth and King Streets.