Eye on Economy – Impact of 1979 Mission Street Development

When developers build new projects in dense urban areas, it is important that they provide opportunities for workers and local businesses. The proposed development at 1979 Mission plans to offer both, while also preserving the area’s historic culture.

The development’s plans will provide housing for all income levels, with an emphasis on building middle-class for sale homes so families can purchase property in the Mission for between $280,000-$350,000.
1979 Mission’s ambitious retail expansion at 16th and Mission will also reconfigure the BART Plaza so local businesses will have an ideal opportunity to occupy the new retail space created by the project.

Expanded business activity will translate directly into new employment opportunities for local residents. In the near term, all construction jobs on the project will be 100% union. After completion, long-term employment opportunities will be created in apartment management and retail.