The announcement comes as building permits from the city and the Port of San Francisco recently arrived, following negotiations that lasted just over a year, McCord said.
The business will likely be a pioneer at its new location, Building 12, developed by Brookfield Properties, near the current end of 22nd Street off Potrero Hill.
“The same building that once was home to the production and fabrication of steel plates for ships’ hulls will now be an inclusive home to a new generation of making and industry,” said Tim Bacon, Brookfield’s senior director of development.
“We’re going to be the first tenant in that building. Acres are opening up; the city streets don’t even go out there yet,” McCord said. “It’s several old shipbuilding sites out there that they are rehabbing. They kept all of the core structures, these massive pillars and steel beams all integrated in the architecture.”