The San Francisco Recovery Fund

Fifty at First skyline close-up view visible to the right of the Salesforce Tower, rendering by Gensler

Oceanwide Center No More, Renderings Revealed For Fifty at First, San Francisco

5:30 am on September 17, 2026 By Andrew Nelson

The San Francisco Recovery Fund has announced its vision for 50 1st Street in SoMa, San Francisco. The site has been a prominent mothballed pit in the heart of the city after construction ceased in 2020 amid the former developer’s financial turmoil. Now, the project team is looking to open Fifth at First as early as 2031.

Rendering of Origional Oceanwide Center, image by Foster and Partners

The Oceanwide Center Property at 50 First Street May Soon Have New Ownership

5:30 am on December 15, 2025 By Gabriel Clark-Clough

The long-delayed Oceanwide Center project in San Francisco’s SoMa Neighborhood may be getting new life with a deal to change the property’s ownership. Last week, a new developer put down a nonrefundable deposit on the 50 First Street site, with hopes of closing a full deal within the next two months.

Fetching more...