Mid-Market | |
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Coordinates: 37°46′50″N122°24′45″W / 37.780518°N 122.412534°W | |
Country | United States |
State | California |
City-county | San Francisco |
Area | |
• Total | 0.17 km2 (0.067 sq mi) |
Population | |
• Total | 2,170 |
• Density | 13,000/km2 (32,000/sq mi) |
Economics | |
• Median income | $102,321 |
Time zone | UTC−8 (Pacific) |
• Summer (DST) | UTC−7 (PDT) |
ZIP Codes | 94103 |
Area codes | 415 and 628 |
Market Street Theatre and Loft District | |
Location | roughly bounded by 982-1112 Market Street (NW side), 973-1105 Market Street (SW side). One Jones Street and 1-35 Taylor Street, San Francisco, California, U.S. |
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Area | 13.1 acres (5.3 ha) |
Architect | James Rupert Miller, et. al. |
Architectural style | Chicago school |
NRHP reference No. | 86000729 [1] |
CHISL No. | N1436 |
Significant dates | |
Added to NRHP | April 10, 1986 [1] |
Delisted CHISL | April 10, 1986 |
Mid-Market (also Central Market, and Market Street Theatre and Loft District) is a neighborhood, historic district and development area in San Francisco, California. The neighborhood is bounded by Market Street to the north, 5th Street to the east, Mission Street to the south, and Van Ness Avenue to the west. There are many theaters in the district, most of which began as vaudeville theaters, include the Warfield and Golden Gate. [2]
In 1906, Mid-Market was decimated by the 1906 San Francisco earthquake, and over the next century, Mid-Market would rebuild itself. In the 21st century, Mid-Market has served as a major economic area for San Francisco. Mid-Market has contained the headquarters for Twitter, Block, Reddit, Zendesk, Uber, and Dolby, as well as historic buildings, such as the Old San Francisco Mint, the James R. Browning United States Courthouse, and the San Francisco Federal Building.
Mid-Market is part of California's 11th congressional district, as of 2021.
The "Market Street Theatre and Loft District" was listed on the National Register of Historic Places on April 10, 1986, for the architecture, and its events and commerce history; [2] and is listed as a California Historical Landmark since 1986. [3] It has twenty contributing buildings and covers 13.1 acres (5.3 ha).
The Mid-Market redevelopment area is centered on Market Street starting at Fifth Street, ending at Van Ness Avenue, and including a number of buildings down to Mission Street. [4] It effectively creates a sub-neighborhood of the Tenderloin, SoMa, and Civic Center neighborhoods for the purpose of redeveloping the area. [5]
The historic district is roughly bounded by 982–1112 Market Street (NW side), 973–1105 Market Street (SW side). One Jones Street and 1–35 Taylor Street. [2]
Decimated by the 1906 earthquake and fire, the entire neighborhood was quickly rebuilt and for decades served as vibrant portion of the Market Street corridor.
Noted columnist Herb Caen referred to the neighborhood as 'le grand pissoir' because of the amount of public urination, defecation, and vagrancy due to a consolidation and expansion of homeless social services in the area, starting in the mid-1980s. [6]
Past initiatives such as sponsored street murals have had little effect in revitalizing the neighborhood and in 2011 the city government turned to tax incentives to encourage businesses to move to the area. [7] [8] It has a history of issues with public drug usage and homelessness, which has impacted businesses. [9]
The neighborhood was affected by the controversial "Twitter Tax Break" spearheaded in 2011 by Mayor Ed Lee, which brought new companies and new construction to the neighborhood. [10] [11] [12] The largest and most noteworthy of businesses in modern history has been Twitter, which moved into the old San Francisco Mart building (now known as Market Square) at Ninth and Market streets in 2012. [13] The move by Twitter was initially met with a great deal of controversy, [14] while other businesses such as Zendesk quietly took advantage of the tax break and moved to the area. [15] A number of arts groups, such as the Black Rock Arts Foundation, are working to move to Mid-Market. [16] In October 2013, Square moved its headquarters to the mid-Market area, followed by Uber and Dolby. [17] Reddit moved its corporate headquarters to Mid-Market in October 2019, in an area leased to Uber and Square. [18]
Equally transformative, and often attributed to the new density of tech headquarters in Mid-Market, has been the concurrent increase of residential buildings, most notably high-rise apartments and condominium towers.
Like the rest of downtown San Francisco, Mid-Market was hit badly by the COVID-19 pandemic in 2020 and the subsequent shift to remote work. As of May 2024, the vacancy rate in the Mid-Market area had skyrocketed to 46%, according to CBRE research, which was significantly higher than the citywide vacancy rate of 36.7%. [19] Sellers of real estate in the Mid-Market area were offering discounts as much as 70% from peak prices. [19] A 16-story tower purchased for $62 million in 2016 went for only $6.5 million at a foreclosure auction in 2024. [19]
San Francisco, officially the City and County of San Francisco, is a commercial, financial, and cultural center in Northern California. With a population of 808,437 residents as of 2022, San Francisco is the fourth most populous city in the U.S. state of California. The city covers a land area of 46.9 square miles at the end of the San Francisco Peninsula, making it the second-most densely populated large U.S. city after New York City and the fifth-most densely populated U.S. county, behind only four New York City boroughs. Among the 92 U.S. cities proper with over 250,000 residents, San Francisco is ranked first by per capita income and sixth by aggregate income as of 2022.
South of Market (SoMa) is a neighborhood in San Francisco, California, situated just south of Market Street. It contains several sub-neighborhoods including South Beach, Yerba Buena, and Rincon Hill.
The Civic Center in San Francisco, California, is an area located a few blocks north of the intersection of Market Street and Van Ness Avenue that contains many of the city's largest government and cultural institutions. It has two large plazas and a number of buildings in classical architectural style. The Bill Graham Civic Auditorium, the United Nations Charter was signed in the Veterans Building's Herbst Theatre in 1945, leading to the creation of the United Nations. It is also where the 1951 Treaty of San Francisco was signed. The San Francisco Civic Center was designated a National Historic Landmark in 1987 and listed in the National Register of Historic Places on October 10, 1978.
The Mission District, commonly known as the Mission, is a neighborhood in San Francisco, California. One of the oldest neighborhoods in San Francisco, the Mission District's name is derived from Mission San Francisco de Asís, built in 1776 by the Spanish. The Mission is historically one of the most notable centers of the city's Chicano/Mexican-American community.
Japantown, also known historically as Japanese Town, is a neighborhood in the Western Addition district of San Francisco, California. Japantown comprises about six city blocks and is considered one of the largest and oldest ethnic enclaves in the United States.
Union Square is a 2.6-acre (1.1-hectare) public plaza bordered by Geary, Powell, Post, and Stockton Streets in downtown San Francisco, California. "Union Square" also refers to the central shopping, hotel, and theater district that surrounds the plaza for several blocks. The area got its name because it was once used for Thomas Starr King rallies and support for the Union Army during the American Civil War, earning its designation as a California Historical Landmark. Despite its declining profile, Union Square in San Francisco is still a major retail hub for the city.
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The Financial District is a neighborhood in San Francisco, California, United States, that serves as its main central business district and had 372,829 jobs according to U.S. census tracts as of 2012-2016. It is home to the city's largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Multiple Fortune 500 companies headquartered in San Francisco have their offices in the Financial District, including Wells Fargo, Salesforce, Uber, Gap, and Williams-Sonoma.
Mission Bay is a 303-acre (123 ha) neighborhood on the east side of San Francisco, California. It is bordered by China Basin to the north, Dogpatch to the south, and San Francisco Bay to the east. Originally an industrial district, it underwent development fueled by the construction of the UCSF Mission Bay campus, and is currently in the final stages of development and construction. It is the site of the Chase Center and Uber's headquarters.
Rincon Hill is a neighborhood in San Francisco, California. It is one of San Francisco's many hills, and one of its original "Seven Hills". The relatively compact neighborhood is bounded by Folsom Street to the north, the Embarcadero to the east, Bryant Street on the south, and Essex Street to the west. Named after Rincon Point that formerly extended into the bay there, Rincon Hill is located just south of the Transbay development area, part of the greater South of Market area. The hill is about 100 feet tall.
The Tenderloin is a neighborhood in downtown San Francisco, in the flatlands on the southern slope of Nob Hill, situated between the Union Square shopping district to the northeast and the Civic Center office district to the southwest. Encompassing about 50 square blocks, it is historically bounded on the north by Geary Street, on the east by Mason Street, on the south by Market Street and on the west by Van Ness Avenue. The northern boundary with Lower Nob Hill has historically been set at Geary Boulevard.
Uptown Oakland is a neighborhood in Oakland, California, located in the northern end of Downtown. It is located roughly between West Grand Avenue to the north, Interstate 980 to the west, City Center and 14th Street to the south, and Broadway to the east. The neighborhood has become an important entertainment district in recent years.
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Edwin Mah Lee was an American politician and attorney who served as the 43rd Mayor of San Francisco from 2011 until his death in 2017.
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Nob Hill is a neighborhood of San Francisco, California, United States that is known for its numerous luxury hotels and historic mansions. Nob Hill has historically served as a center of San Francisco's upper class. Nob Hill is among the highest-income neighborhoods in the United States, as well as one of the most desirable and expensive real estate markets in the country. Prior to Covid-19, it was the most expensive real estate market per metre squared, narrowly beating Monte Carlo, although it has since fallen heavily. It was the only place in the United States so far where market price per square metre exceeded the average yearly salary in the country.
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