SAN FRANCISCO CHRONICLE/SFGATE.COM | The preliminary project assessment filed with the City Planning Department Thursday contains basic outlines and starts a public review process expected to take two to three years. The San Francisco city block that houses The Chronicle's headquarters would be transformed with new offices, housing and small public plazas under plans that the Hearst Corp. and developer Forest City filed with the city on Thursday, describes the Chronicle. The project is designed to create a loose community of people working in the "creative economy..." said Alexa Arena, vice president for Forest City-San Francisco. "Maximizing social value and maximizing business value can be very much in tandem, and the best in urban development does that."
"It's a real opportunity for the city to see some growth, for this property to be used in a much more dynamic way," said Frank Vega, publisher of The Chronicle.
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