$2 Billion Preliminary Masterplan Published for Stonestown Development Project, San Francisco
Brookfield Properties has published the preliminary master plan for the mixed-use Stonestown Development Project in San Francisco. The proposal would completely redefine the nearly 41-acre site, keeping much of the existing mall while building thousands of apartments, a hotel, additional retail, and a network of pedestrian-oriented open spaces. According to the planning application, Brookfield estimates construction will cost $2 billion.