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“Stonestown Galleria Redevelopment Approved for Brookfield’s Green Light”

"Stonestown Galleria Redevelopment Approved for Brookfield's Green Light"

The San Francisco Board of Supervisors unanimously approved Brookfield Properties’ plans to revitalize the underutilized parking lots surrounding Stonestown Galleria on the city’s west side. The project, expected to be completed in phases over a span of two decades, will include new housing, a merchant main street, and parks and plazas.

Brookfield Properties will construct 3,500 residential units ranging from four to 18 stories high. This includes 20% affordable housing and 200 units for seniors. Additionally, there will be a new “Main Street” featuring retailers, restaurants,and entertainment spanning approximately150000 square feet along20th Avenue.

“We are delighted with the collaboration and support we have received from both the neighborhood and city,” stated Christie Donnelly,senior director of development at Brookfield Properties.”Stonestown as a town center aligns withthe city’s housing goals while also enhancing its role asa hub for community activity.We understand that providing new housing is not solely our responsibility,but rather it is shared withthe city.That being said,the plan has undergone numerous iterationsand modifications based on feedback received throughout this process,in additionto navigating through challenges such as pandemicsandeconomic turbulence.”

Construction planningandcity permittingwill take place over two years prior to groundbreaking.The master plan was developed in partnershipwith SITELAB Urban Studio.

Brookfield Gets Green Light for Redevelopment Project at Stonestown Galleria

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