Munger, Tolles & Olson represented developer Tishman Speyer in partnering with Major League Baseball franchise the San Francisco Giants in developing the 28-acre Mission Rock project across from AT&T Park, the team’s stadium.
Announced Sept. 5, 2018, the mixed-use development will be located on the waterfront, on McCovey Cove, and will include 1,400 housing units, more than 1.4 million square feet of office space, 8 acres of park space and the redevelopment of Pier 48. Forty percent of the housing units will be affordable. “"We have observed for many years how the Giants, the City and the Port leaders have worked so closely with the surrounding community to create a plan for maximum public benefit,” said Tishman Speyer Senior Managing Director Carl Shannon. Construction is scheduled to begin in fall 2019 and may take upwards of 10 years to complete.
The Munger, Tolles & Olson attorney team included Karen A. Lorang, Misty M. Sanford, Jeffrey A. Heintz, Patrick J. Cafferty Jr. and David B. Goldman.