The City’s transformation of the mid-Market Street area has begun after Twitter’s weekend move into a historic Market Square building.
The microblogging company said Monday it had begun occupying its “new nest” at 1355 Market St., where about 800 employees are expected to fill at least three of the 11 floors of the formerly vacant building. Constructed in 1937, the art deco palace is being renovated by the firm Shorenstein, which purchased it last year.
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The resurgence of the mid-Market Street neighborhood could be boosted by another bus line serving the area.
Muni has proposed adding an express route that would operate during peak weekday travel times. The 83X Mid-Market Express would travel an L-shaped path from the Caltrain station at Fourth and Townsend streets to the Civic Center at Ninth and Market streets, running from 7 to 11 a.m. and 4 to 8 p.m.
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A long-planned police substation in the mid-Market Street area hit a financial snag after the California Supreme Court recently upheld Gov. Jerry Brown’s plan to eliminate redevelopment agencies statewide.
The San Francisco Redevelopment Agency was set to provide $500,000 for upgrades to the Baldwin House at 72 Sixth St., where the substation would be located in June when microblogging service Twitter is expected to move to 10th and Market streets.
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The American Conservatory Theater plans to hop on the Mid-Market revival bandwagon with a new storefront-style studio space, set for a showcase on Wednesday.
ACT has been pursuing buildings for a primary campus in the area, but the leased studio space will serve as a primer, according to theater officials.
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Efforts to revitalize mid-Market Street appear to be paying off.
At 10th and Market streets, contractor Swinerton Builders is hoping to cash in on new business that could be attracted to the area by Twitter’s future move.
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As state budget wrangling continues in Sacramento, San Francisco’s Redevelopment Agency is waiting for the end — or a significant change — to what it does.
The end of the agency in The City could mean the ax for nearly a dozen projects that would provide hundreds of affordable-housing units, according to Redevelopment Agency Executive Director Fred Blackwell.
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Vacant storefronts line streets in neighborhoods such as the Bayview and the mid-Market Street area, but just how many retail spaces are empty throughout The City is a tough number to pin down.
That would change with a centralized, citywide system to track vacancies, according to a proposal of new programs from the Mayor’s Office of Economic and Workforce Development.
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URL: http://www.sfexaminer.com/topics/mid-market-street
