The CIM Group is gearing up to break ground for the construction of 350 condos on Mission Bay Block 1, the San Francisco Giants Parking Lot D site which is bound by Third, Fourth and Channel Streets and fronts Mission Creek to the north.
The development will include a 16-story building on the northwest corner of the block, a 7-story building fronting Mission Creek, around 14,000 square feet of retail space, and parking for 335 cars. Permits to begin prepping the site have been issued and bids for the first phase of construction are due May 1.
A 250-room hotel being developed by the SoMa Hotel Group will rise up to 160 feet on the southeast corner of Mission Bay Block 1, at the northwest corner of Third and Channel, with construction slated to begin in the fourth quarter of 2015 and the SoMa Mission Bay Hotel aiming for 2017 grand opening.
