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California  + Bay Area  + Apartments  | 
The San Francisco Giants, Tishman Speyer and the Port of San Francisco marked the opening of the first tower at the Mission Rock development.

Tishman Speyer, San Francisco Giants Open First Tower at Mission Rock MXU

The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San Francisco, were joined by San Francisco Mayor London Breed to mark the opening of The Canyon, a 23-story apartment tower. The first building to be completed at Mission Rock, a 28-acre mixed-use waterfront development, The Canyon began move-ins earlier this month. 

“We are opening a new neighborhood, a new community in San Francisco,” said Carl Shannon, senior managing director at Tishman Speyer. “This is 40% onsite affordable housing with no explicit public subsidy.” 

At full build-out, Mission Rock will encompass more than 1,000 rental apartments; eight acres of public parks and open space and up to 1.4 million square feet of office and lab space. It will also incorporate more than 200,000 square feet of neighborhood retail and local manufacturing space, along with the rehabilitation of historic Pier 48. 

Pictured: Tishman Speyer’s Carl Shannon at the podium.


Inside The Story

Tishman Speyer's Shannon

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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