Posted Mar 10, 2026, 7:19 PM
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你的媽媽
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Join Date: Jan 2012
Location: The Bay
Posts: 11,555
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Quote:
First look at plans to turn S.F. railyard into high-rise neighborhood with thousands of homes
By J.K. Dineen, Laura Waxmann, Staff Writers March 10, 2026

The owner of the Caltrain railyards at the junction of Mission Bay and the South of Market in San Francisco is slated to file an application Tuesday for a development proposal that would turn the 20-acre property into a dense high-rise neighborhood with a new Caltrain station below an 850-foot skyscraper, thousands of homes and millions of square feet of commercial space. Prologis, the property owner, is proposing a redevelopment that would total as much as 8 million square feet, with as many as 2,500 housing units and four million square feet of commercial space. It calls for the tower on the corner of Fourth and King Streets, and another high-rise at Seventh and King streets. While Prologis anticipates a 15- to 20-year build out, the 2.5 million-square-foot first phase will include both planned towers. The project will be developed with a combination of private capital and public money.
The first phase is expected to include housing and office space, but the exact mix will depend on a number of factors, including interest rates, office tenant demand and investor interest. The project could also include a hotel. The application comes more than a decade after the late Mayor Ed Lee floated the idea to redevelop the active railyards as part one of San Francisco’s most complicated development projects, the $8.25 billion downtown rail extension now called the Portal. The Portal project would extend Caltrain’s service from its current terminal at Fourth and King streets to the Transbay transit center, which would allow it to accommodate future high-speed rail service. The first phase of the railyards project, however, can be completed before work starts on the Portal, which is currently not funded. It will include a new plaza in front of the redeveloped train station, with retail and restaurants and a children’s play area.
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“The SF Railyards project application comes at a pivotal moment for transit in the Bay Area. Caltrain and our fellow transit agencies are navigating real near-term financial challenges — but this project points toward a different future,” said Michelle Bouchard, executive director of Caltrain. “This visionary, multi-phased project is a bold bet on San Francisco and on the long-term value of connecting people, housing, and jobs through great transit.” The application marks the beginning of an environmental review and approval process which will likely last between one and two years. During this process, the San Francisco Office of Economic and Workforce Development will work with Prologis and Caltrain on a project agreement that spells out the mix of community benefits the project will include, from affordable housing to open space. “This is all about improving Caltrain’s facilities, integrating with the future station for the Portal, improving street safety and street circulation,” said Leigh Lutenski, who heads up development for the Office of Economic and Workforce Development. “Transportation top to bottom, under every definition, is the singular focus of this one.”
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https://www.sfchronicle.com/sf/article/housing-towers-railyards-caltrain-21967855.php
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