The San Francisco Giants have plans in the works to develop a parking lot near AT&T Park into a major residential, office and retail development.
A deal for the dilapidated New Mission Theater on Mission (between 22nd and 21st Streets) just may be in the works. However, any such news needs to be taken with a grain of salt – if you’ll remember, last year it was rumored to be turned into a bowling ally. That went nowhere fast.
Real Estate mogul Gus Murad, who owns Medjool, Elements hostel, New Mission Theater and, until recently, Giant Value, sold the property to Oyster Development who turn plans to build condos and retail space on the site. And you can bet those condos won’t be a giant value.