Prologis Moving Forward With San Francisco’s First Multi-Story Warehouse
Prologis has been blessed with approval from the San Francisco Board of Supervisors to build SF Gateway, the city’s first multi-story production, distribution and repair (PDR) facility.
It will transform a 17-acre site in Bayview Hunters Point into a modern, sustainable logistics hub that supports businesses operating in the city.
It replaces four obsolete World War II-era warehouses with 1.6 million square feet of PDR space across two multi-story facilities.
Located within one of the city’s last core PDR districts, the building’s multi-level design will accommodate businesses ranging from manufacturers to distribution operators to wholesale storage and light industrial firms.
A groundbreaking date has not been set. A final reading by the Board of Supervisors was scheduled at the Dec. 2 meeting. Prologis is planning to move forward with pre-construction activities, including design finalization and permitting, according to Prologis’ Vice President of Development, Courtney Bell.
“Multistory warehouses can address several challenges, particularly in urban, infill markets where land is scarce and more expensive,” Bell told GlobeSt.com.
“Some of the challenges, though, in building a multistory building, including in San Francisco, are finding a suitable parcel of land in an urban area that can accommodate a multistory building. It is rare. Additionally, land and construction costs for a multistory building are usually higher than those for a single-story warehouse, given the design complexity required to accommodate vertical logistics operations.”
Bell said the project required a “robust and detailed” entitlement process. Prologis worked closely with the city and community to ensure the project met environmental, economic and neighborhood priorities.
“PDR space in San Francisco is limited and aged, yet demand from manufacturers, distribution operators, and other businesses vital to the Bay Area’s supply chain and economy remains strong,” Bell said.
“The SF Gateway project responds to that need, ensuring these businesses have access to modern, flexible space that supports their operations and success.”
San Francisco also has a policy in place to preserve and protect PDR-zoned land, as these spaces generate diverse employment opportunities. In alignment with this, SF Gateway is expected to drive significant job creation, according to Bell.
Source: GlobeSt/ALM