UCSF In Discussion to Acquire Mission Bay Property

University aims to consolidate space, reduce operating and occupancy costs

March 07, 2014

UC San Francisco, in alignment with its business priority of creating a sustainable financial future, is currently evaluating opportunities to consolidate its leased and remote sites to reduce operating and occupancy costs, improve efficiency and collaboration, and provide programmatic flexibility among its campus sites.

As part of this process, UCSF is in advanced discussions to acquire a parcel of land known as Blocks 33 and 34, adjacent to the current UCSF Mission Bay campus. These discussions resulted from a Request for Qualifications that UCSF issued in December 2012, seeking a developer for 300,000 square feet of space in either an existing or newly constructed building at Mission Bay.

UCSF will present the plan to the city's Mission Bay Citizens Advisory Committee at its March 13 monthly meeting. The agenda for that meeting can be found on the city's Office of Community Investment and Infrastructure website.

Acquisition plans would be subject to a number of reviews and approvals, including by the UC Board of Regents. Further details will be available after the meeting.