Candlestick Park demolition continues to progress

Demolition of San Francisco’s Candlestick Park is about halfway complete, according to Bay Area media reports. Oakland, California-based Silverado Demolition is performing the demolition, which began in early February.

The stadium was originally built as the home of MLB’s San Francisco Giants, who played there from 1960 until 2000. It also was the home field of the NFL’s San Francisco 49ers from 1971 to 2013. The 49ers moved to Levi’s Stadium, in Santa Clara, California, before the beginning of the 2014 NFL season.

In November 2014, Lennar Corp., Miami, and Macerich, Santa Monica, California, announced a joint venture partnership to develop a 500,000-square-foot urban outlet project that will anchor an entirely new community at Candlestick Point. Lennar and Macerich are 50/50 partners on the urban outlet portion of the mixed-use development. The Candlestick project is expected to create more than 3,000 permanent jobs and deliver more than 6,000 homes.

The launch of the Candlestick development will include more than $1 billion of new investment and infrastructure over the next four years. The investment will include sites for community use, including both a fire and police station.

The Candlestick Point development will be one of the largest urban mixed-use projects in the United States, according to the developers. In addition to the urban outlet component, it will feature a diversity of commercial offerings, including neighborhood retailers, a restaurant village, an African diaspora-themed marketplace, movie theaters, a performance venue and hotel. It also will include rental and for-sale homes, all anchored by a first-of-its-kind urban outlet shopping district that will feature major regional, national and international retailers.

Infrastructure work by Lennar is underway in preparation for the complete rebuilding of the nearby Alice Griffith affordable-housing community. Construction of Alice Griffith housing is expected to begin this year.

Construction of new housing is underway at The San Francisco Shipyard just north of Candlestick Point. The Shipyard will be home to an additional 6,000 homes, 3 million square feet of office and commercial space and more than 230 acres of parks and open space.

“Rebuilding and redeveloping Candlestick and The Shipyard is helping us deliver on our promise to make sure San Francisco remains a city where families at all levels of the economic spectrum can succeed,” says Mayor Ed Lee. “This is an important milestone in our revitalization efforts in this important community and we are bringing housing, jobs, parks, open space and economic growth through this public-private partnership, and laying the groundwork for more housing for our low and middle income families.”