It looks like there may finally be a decision on who will become the long term tenant of the 20,000 square foot Bulkhead Building, located at Pier 29. Atlanta & NY based Jamestown LP, an investment and management real estate company, managed to win over the Port Commission with their proposal to create a craft distillery and coffee haven to take over the space.
Jamestown LP, who are behind the development of Chelsea Market in New York will enter a 15 year lease for the enormous building, which will help further revitalize the waterfront area along the Embarcadero. According to SocketSite, the investors also hope to “showcase and sell products manufactured in San Francisco supported through a partnership with local nonprofit SF Made.” On top of this, they hope to develop an urban brewery, winery or coffee roastery, possibly all three. The Bulkhead Building will be transformed into a hotspot for merchants to sell locally made products.
Prior to this development, for over 25 years the building has been functioning as a venue for temporary industrial leases and parking. The SF Examiner reported that the Port Commission’s vision was to utilize Pier 29 in such a way that would appeal to cruise passengers, tourists and locals alike, and Jamestown’s proposal did just that. It is expected that construction may begin as soon as the end of this year.