Construction Nearing Completion on New 254-Unit Multifamily Tower Verde in San Francisco’s Mission Rock Neighborhood

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Verde is the second residential tower to be completed at Mission Rock. Designed by award-winning international architecture and urban design practice Studio Gang, the waterfront community stands 23 stories tall. The 287k sf tower also incorporates a variety of street-level shops, as well as 25k sf of co-working and event space operated by Studio, Tishman Speyer’s global flexible workspace platform.

Verde’s apartments range in size from studios to three-bedrooms and feature kitchens with Italian cabinets and integrated Bertazzoni and Bosch appliances, and spa-like bathrooms. An expansive amenity program, aimed to provide residents the perfect home base to build community and connection, includes striking lounge spaces, a lush rooftop garden with expansive views of the bay, a full-service fitness center, concierge service, a game room, a golf simulator and a podcast and media studio.

“Verde’s start of leasing marks a key milestone for Mission Rock as we deliver more housing to San Francisco and approach completion of the first phase of the development,” said San Francisco Giants Vice President of Real Estate Development Julian Pancoast. “From the exterior building design to the amenities and services, Verde is being delivered to the Mission Rock neighborhood with intentionality. This building exemplifies our commitments to making Mission Rock a shared dream of what a neighborhood means to our residents, office and retail tenants, and visitors.”

Studio Gang’s design carves into the base of the tower to form an inviting outdoor space with sunny planted terraces and raked seating, like a mesa, where residents can socialize, relax and take in views of the activity in China Basin Park, the five-acre community gathering space that serves as the centerpiece of the neighborhood.

A lively “sky garden” adorns the top of the tower, where residents of Mission Rock can relax, connect and take in unique skyline views. The garden’s regionally appropriate plantings will create an attractive place for birds, butterflies and other pollinators to visit, supporting healthy biodiversity within the city. The building is targeting LEED Gold certification.

Mission Rock represents over 15 years of city planning and community input to transform a surface parking lot into an exciting new neighborhood featuring stylish rental homes, inspired parks and open spaces, community-serving retail, innovative workspaces, and parking to serve ballpark patrons and the surrounding area. Tishman Speyer, the Giants and the Port of San Francisco are joined in Mission Rock Partners by Mitsui Fudosan America, Inc., the U.S. subsidiary of Japan’s largest real estate company, Mitsui Fudosan Co., Ltd.

The launch of leasing at Verde brings the first phase of Mission Rock’s development to near completion. The Canyon welcomed its first residents in June 2023, as well as its first office customer, Capgemini, this week. Construction has also been completed on a 13-story office tower that will serve as Visa’s Global and North American headquarters, as well as a second commercial building designed to accommodate life sciences research and development.

A growing lineup of popular Bay Area retailers will also join the neighborhood beginning this year, including Arsicault Bakery, which will open in the base of Verde. Quik Dog, Ike’s Love & Sandwiches, LuxFit, Proper Food, and a full-service restaurant from the team behind the award-winning Che Fico will also open in Mission Rock.