San Francisco Sun

Mayor London N. Breed announced the Board of Supervisors' unanimous approval of the Fisherman’s Wharf Revitalized project term sheet. The agreement between Fisherman’s Wharf Revitalized LLC and the Port of San Francisco outlines plans for developing Pier 45 and nearby Seawall Lots 300-301.

Following this approval, the developer will refine designs, negotiate with the Port, engage with stakeholders, conduct due diligence, and undergo environmental reviews.

“This is a major milestone for what will be the most transformative improvement along the northern waterfront since the Embarcadero freeway came down,” said Mayor London Breed. “Once completed, this will transform the Fisherman’s Wharf to become a place where San Franciscans will enjoy coming to and visitors will be drawn to from across the Bay Area and beyond."

The Board's decision followed recommendations from its Budget and Finance Committee on December 4 and prior approval by the Port Commission on October 8.

“The proposed project represents significant long-term investment in the Fisherman’s Wharf community and has been shaped by continuing engagement with stakeholders,” stated Elaine Forbes, Executive Director of the Port of San Francisco. She emphasized that it aligns with goals like reenergizing the waterfront and supporting diverse groups.

The proposal includes separate developments at Pier 45 and Seawall Lot 300-301. For Pier 45, plans involve renovating Shed A, reconstructing Shed C for fishing industry needs, expanding public access, creating a seafood market attraction, and enhancing infrastructure resilience.

For Seawall Lot 300-301, proposals include an expanded plaza, promenade, visitor center, beverage garden, and vacation rentals.

“We want to thank Mayor Breed for supporting the economic revitalization of Fisherman’s Wharf,” said Seth Hamalian of Fisherman's Wharf Revitalized LLC. The team aims to ensure development benefits both the fishing industry and waterfront vitality.

The project aligns with other efforts by the Port for economic revitalization in Fisherman’s Wharf through marketing vacant spaces, investing in fish sales infrastructure, beautification projects, and "pop-up" activations in partnership with local organizations.

For further information about the project contact Jeff Nead at Glodow Nead via email or phone.