The San Francisco Giants have snagged the first tenant for their $1.6 billion Mission Rock development project on the San Francisco waterfront.
Anchor Brewing Co.will occupy what is now Pier 48 with production and distribution facilities, a restaurant, museum and other public attractions. The 212,000-square-foot space is an addition to Anchor Brewing’s existing plant on Potrero Hill, and will quintuple the company’s output from 120,000 to 600,000 barrels a year.
“This is big news for us. We can now further expand our domestic market (Anchor is sold in every state) and open up new international markets,” said CEO Keith Greggor. “It’s also a huge commitment to San Francisco.”
The mixed-use Mission Rock development, spread over 27 acres south of AT&T Park, includes plans for 1,500 apartments, retail and office space, parks and other amenities. Assuming the plans pass muster with various agencies, starting with the Port Commission next month, and the environmental impact report is up to snuff, construction should begin in late 2014 and Anchor Steam could be on tap there by the end of 2016.
Read more: San Francisco Chronicle Anchor Brewing plant on S.F. waterfront – SFGate