In March 2024, Mayor Breed set a bold goal to bring at least 30,000 new residents and students downtown by 2030. This vision sees downtown as a diverse, mixed-use, 24/7 destination and neighborhood. San Francisco will achieve this by continuing to put in place key initiatives that work towards the Mayor's Roadmap to San Francisco's Future.
Convert at least 5 million square feet of office space to approximately 5,000 units of housing. These units would welcome some 10,000 new residents to downtown’s historic office core. Actions already taken towards this goal include:
Mayor Breed passed legislation to support conversions. The legislation changed zoning and permitting regulations to streamline housing conversion projects.
Voters approved Mayor Breed’s transfer tax proposal—Proposition C, which eliminates the transfer tax on some conversion to make projects more affordable.
UC Law SF's new building in its Academic Village includes over 600 units of below-market student housing, UC Law SF
Bring 10,000 students, teachers, and staff by attracting universities and colleges to locate or grow their presence downtown. Actions already taken towards this goal include:
Mayor Breed has initiated ongoing discussions with multiple public and private universities, including existing downtown institutions. These conversations explore how Downtown might incorporate academic campuses, offices and student housing to revitalize the City’s economic core.
Black 2 San Francisco is hosting programming with scholars from Historically Black Colleges and Universities (HBCUs). This programming is building towards a potential satellite campus in San Francisco.
