Transbay Project Status Update
280 Beale (Transbay Block 6) Project Summary Sheet
25 Essex Street ( TB Block 11A) Rene Cazenave Apts.
Projects Under Construction
255 Fremont/222 Beale (Transbay Block 7) Project Summary Sheet
160 Folsom (Transbay Block 1)
250 Howard (Transbay Block 5)
250 Fremont/400 Folsom (Transbay Block 8)
500 Folsom (Transbay Block 9)
Transbay Redevelopment Project Tax Increment Allocation and Sales Proceeds Pledge Agreement (PDF)
Complete Caltrans Cooperative Agreement
Boundary and Zoning Map
Transbay Redevelopment Plan (PDF)
Addendum 1 (June 2, 2006) (off-site link)
Addendum 2 (April 19, 2007) (off-site link)
Addendum 3 (January 17, 2008) (off-site link)
Addendum 4 (October 3, 2008) (off-site link)
Addendum 5 (April 9, 2009) (off-site link)
Addendum 6 (December 8, 2011) (off-site link)
Addendum 7 (May 2013) (off-site link)
Addendum 8 (January 14, 2016)
Board of Supervisors Resolution No. 612-04 (October 7, 2004) (off-site link)
San Francisco Redevelopment Agency Commission Resolution No. 11-2005 (January 25, 2005)
The Transbay Redevelopment Project Area, created in 2005, is an opportunity for Office of Community Investment and Infrastructure to participate in the alleviation of blight within a large portion of the city’s southern Financial District through a wide variety of projects and activities.
The Project Area is approximately 40 acres in size and located south of San Francisco´s Financial District. The Project Area is roughly bounded by Mission Street in the north, Main Street in the east, Folsom Street in the south and Second Street in the west.
The most significant feature of the Project Area, the existing Transbay Terminal and its ramps, comprises an underutilized and outmoded transportation facility with serious structural, health and safety deficiencies. The remainder of the Project Area is composed primarily of vacant and underutilized properties and older buildings, many of which are substantially deteriorated and/or unreinforced masonry buildings. All of these conditions constitute blight that the Redevelopment Plan will address.
The redevelopment program for the Project Area consists of various projects and programs designed to alleviate these adverse conditions. The program will be funded with the approximately $430 million in constant FY 2004/05 dollars that the Project Area is expected to generate in net tax increment over the life of the Redevelopment Plan, after the Agency meets its obligations to make payments to affected taxing entities.
Approximately $178 million of the net tax increment will be pledged to the Transbay Joint Powers Authority to help pay the cost of rebuilding the Transbay Terminal into a regional transit hub. The new terminal will replace the existing loop ramp system with a set of stacked ramps on the west side of the station and will include an extension of the Peninsula Corridor rail line to a new terminus underneath the station that will accommodate Caltrain commuter service and eventual high-speed rail service to destinations throughout California. Approximately $206 million in additional funding for the new terminal will be generated by the sale of vacant parcels currently owned by the by the State of California to private developers. The remaining cost of the new terminal will be paid through a combination of federal, state, regional, and local sources.
The remaining tax increment generated in the Project Area will be used for Agency activities. Approximately $126 million, or 50 percent of the total tax increment allocated for Agency activities, will fund the Agency’s affordable housing program. By state law, 35 percent of all new housing units built in the Project Area must be affordable to very low- to moderate-income households. Another $126 million in net tax increment will be used for planning, site preparation and development, public facilities, infrastructure and utilities, circulation improvements, building rehabilitation, faade improvements, historic preservation, economic development and other non-housing projects and activities.
The redevelopment plan adoption process for the Transbay Redevelopment Project Area involved extensive community participation, including a Transbay Citizens Advisory Committee (CAC) composed of residents of adjacent areas, property owners, and representatives of community organizations. During 2003, the CAC and the community at large participated in a series of public workshops on the Design for Development. In 2004, the CAC worked closely with Agency staff on the Redevelopment Plan and the Development Controls and Design Guidelines for the Project Area.
A major portion of the Agency’s non-housing program will be to facilitate development on the vacant publicly-owned parcels in the Project Area, which include parcels currently owned by the State of California and a parcel currently owned by the Agency. The development plan for the publicly owned parcels in the Project Area was created through the Agency’s community-based Design for Development process, which culminated in the production of the Design for Development concept plan for the Project Area, and the Development Controls and Design Guidelines, specific regulations covering all private development in the Project Area. The concept plan includes high-density, transit-oriented residential development along Folsom Street and between and Beale Streets, as well as office and hotel space surrounding the new terminal. At the same time, the concept plan embodies a balanced approach to density, with fewer, taller towers far enough apart to allow sunlight and open space in the new neighborhood, and controls to ensure that ground-floor space is activated. The concept plan also incorporates significant new public improvements, including a major new public park, new pedestrian-oriented alleyways and widened sidewalks.
The Development Controls and Design Guidelines is a companion document to the Redevelopment Plan for the Transbay Redevelopment Project. The Redevelopment Plan, as approved by the Board of Supervisors, established Goals and Objectives and the basic land use standards for the Project Area. The Development Controls and Design Guidelines provide legislated development requirements and specific design recommendations that apply to all development within the Project Area. You may download the entire document by clicking on the link below.
The Development Controls and Design Guidelines is a companion document to the Redevelopment Plan for the Transbay Redevelopment Project. The Redevelopment Plan, as approved by the Board of Supervisors, established Goals and Objectives and the basic land use standards for the Project Area. The Development Controls and Design Guidelines provide legislated development requirements and specific design recommendations that apply to all development within the Project Area. For cost and availability of copies, please contact the Redevelopment Agency at the number listed below. You may download the entire document by clicking on the link below.
Summary Design for Development
Full Design for Development
For more information on the Transbay Redevelopment Project Area, please contact Shane Hart, Project Manager, at the Office of Community Investment and Infrastructure, at firstname.lastname@example.org or (415) 749-2510.
For more information on the proposed new Transbay Terminal and Caltrain Downtown Extension please contact Maria Ayerdi, Executive Director of the Transbay Joint Powers Authority, at email@example.com or (415) 597-4620.
Citizens Advisory Committee Meetings
The Transbay Citizens Advisory Committee (CAC) usually meets on the second Thursday of every month at 5:30 p.m. at Yerba Buena Center for the Arts, 701 Mission Street, 2nd Floor Conference Room. Click here for Agendas.
For Transbay CAC By-Laws (2015) please click here.