Developer Associate Capital’s preferred plan for the 28-acre Potrero Power Station site, located along 23rd Street, calls for 19 new buildings and demolition of all the early-20th Century historic brick structures, three of which are individually eligible for the California Register of Historical Resources and contributors to the historic Third Street Industrial District. The San Francisco Planning Department’s Historic Preservation Commission and San Francisco Heritage are advocating for adaptive reuse of Power Station’s brick buildings, as reflected in approaches taken at Ghirardelli Square, Oriental Warehouse, and Pier 70. Development plans are scheduled for approval late this year. A petition to save these brick buildings is at Christopher’s Books.
The commercial real estate market in Potrero Hill and Mission Bay has