SF Mayor Daniel Lurie introduces $40 million privately-funded initiative to revamp downtown

By Zach Fuentes

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    SAN FRANCISCO, California (KGO) — A place to live, work, play and learn: That’s San Francisco Mayor Daniel Lurie’s vision for downtown — and he’s got a new initiative he hopes will make it happen.

Lurie said his administration has leveraged more than $40 million in private funding to help boost downtown, in what he is calling the “Heart of the City” executive directive.

Lurie said that initiative will use the millions to support small businesses, clean up streets and activate public spaces. It also calls for converting empty office spaces into housing.

He said it’s going to put downtown on track to be a 24/7 neighborhood. The priorities are going to be measured through the next year.

“It’s not just that San Francisco is open for business. We are making it easier to do business here in the city,” Lurie said.

He also wants to streamline permits to encourage more private investments to help boost downtown’s growth. Some of the areas the plan is focusing on include Powell Street, Stockton Street and Fourth Street and Embarcadero Plaza.

Moving forward, different milestones will be measured in 100 days, six months and one year.

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