says FivePoint Holdings is prioritizing its Candlestick Point project on San Francisco's southeastern waterfront this year over efforts to restart development at its nearby Hunters Point project.— said the Irvine-based company has begun working with the city to rebalance the entitlements at the 280-acre Candlestick site.
FivePoint’s approved plans for Candlestick Point — which once housed Candlestick Park, the former home of the San Francisco Giants and 49ers —include 7,218 homes; a 130,000-square-foot, 220-room hotel; 750,000 square feet of research, development and office space; and about 300,000 square feet of lifestyle retail. from the city to start on Phase I, which includes the first 1,600 homes — but more than three years later, construction has yet to break ground.
In all, nearly a dozen parcels are part of the shipyard's development, and some 350 homes have already been completed on a hilltop site known as Parcel A. Haddad said in early 2021 that the Navy