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May 13, 2026The San Francisco Shipyard Puts Much Needed Condo Inventory in the City
It’s no secret that San Francisco lacks housing for all of those who want to live in this vibrant city. That’s where the San Francisco Shipyard comes to the rescue. This 758-acre development project sits in the southeast corner of the city, in the headlands of Hunters Point. First developed as a shipyard in the 1860s, and used by the Navy as a shipbuilding center during WWII, the Shipyard no longer operated by the late 20th century. The current redevelopment and re-envisioning project has been in the making for over ten years. Careful consideration has gone into affordability, natural habitat restoration, and social initiatives that will benefit the community.
All are modern homes at price points virtually unheard of for new construction in San Francisco’s second-wave tech boom era. Both Merchant and Olympia feature Bay and city views, stainless steel kitchens, sustainable flooring, dedicated parking, and a complimentary hourly shuttle that can take residents to Caltrain, SOMA, the Mission, the Financial District, and BART. Merchant features living exterior walls and intelligent, artistic use of reclaimed materials.
And the Shipyard’s forward-thinking approach doesn’t end with housing. An $82.84 million Community Benefits agreement in place between the developers and the city means the project will develop parks and 300+ acres of open space with an eye toward native habitat restoration. Also to be included are revamped artist studios and an emerging green business incubator, as the area has long been home to creative-types. An International African Marketplace will celebrate the neighborhood’s African-American heritage. Scholarships and educational programs, health and wellness programs, job training, and a rebuild of a neighborhood public housing development round out the civic investment the project is making. Developers are also looking to bring commercial space to the site so that residents can enjoy dining, retail, and services right at home.
Energy sustainability is at the forefront of the Shipyard project too. Investments will be made in both solar and wind technology. Native landscaping, rainwater collection and re-use, and LED streetlights are also part of the green design plan.
Interested in an affordable Bayside condo that’s on the forefront of holistic development practices? Want sleek modern design and a home that matches your values? You can have it all at the Shipyard. Contact us and we’ll tell you more.
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