Evan DuCharme/Special to The S.F. ExaminerNorman Fong of the Chinatown Community Development Center helps launch the Broadway Sansome Apartments on Thursday.

Evan DuCharme/Special to The S.F. ExaminerNorman Fong of the Chinatown Community Development Center helps launch the Broadway Sansome Apartments on Thursday.

Square ready to occupy serendipitous new headquarters in San Francisco

When the mobile payment company Square moves into its new Market Street headquarters this fall, the several hundred employees will have much more room — and so will Jack Dorsey, who founded the company in his old 450-square-foot studio apartment.

The move to the burgeoning mid-Market Street corridor was made in part to be in close proximity to other tech companies, Dorsey said during a tour of the new headquarters Wednesday. But the floor plan of the blocklong building allows for something more important to Dorsey: eye contact.

Construction crews were working Wednesday to convert more than 100,000 square feet of a former data center — a space Dorsey described as “not really designed for people to work in” — into one where an estimated 2,000 employees could eventually stroll to the company coffee bar, mingle at one of the open work spaces along the windows with views of Twin Peaks and have serendipitous creative encounters.

The move from Fifth and Mission streets will place the company a block away from Twitter, which Dorsey co-founded, but just outside a special tax zone — a sign, said Mayor Ed Lee, that the incentives have worked to create a tech area near which other companies want to locate.

Dorsey cited the proximity to transit and the neighborhoods where employees live as a reason for selecting the location, along with the cultural diversity.

“I think the neighborhood always had a great energy to it,” he said.

The move also comes with a final bonus: one of the largest rooftop decks in The City.

Bay Area NewsdevelopmentEd LeeJack DorseyPlanningSquare

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