A major new development broke ground in May at Pier 70 with plans to rehabilitate several historic buildings and create thousands of new homes. This is an exciting project that brings to life an area of the waterfront that has been underutilized. Plans include commercial and residential development of the 35-acre site, and will bring new public waterfront parks, spaces for artists and plenty of new housing to the city’s east side. The project is said to cost $2 billion with the Port of San Francisco working in partnership with a private developer, Forest City, known for their innovative approach to building community. Forest City is the developer responsible for such adaptive reuse projects like the award winning Presidio Landmark and the 5M Project which will be transforming the iconic Chronicle Building.