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Project · San Francisco, CA · Updated today

Hearst Hotel Development Project

5 3rd Street and 17 To 29 3rd StreetJMA VenturesUnder ReviewCommercial
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Sourced from San Francisco meeting, Feb 4, 2026. ZoneWire tracks 170 projects in San Francisco, CA, updated within 24h of every meeting.

Where this stands

Adaptive reuse of the historic Hearst Building (former SF Examiner HQ; Julia Morgan-designed lobby preserved) from ~74% vacant office to a hotel with ground-floor retail and restaurant; entitled since 2019; ~150 total jobs (~100 on-site), ~309 construction jobs, ~$32.6M direct annual economic activity ($42.6M with multipliers); hotel opening targeted ~2.5 years out; $40M TOT incentive over 20 years; ~$30M state historic tax credit with April deadline.

Case factsSource: ZoneWire
Project
Hearst Hotel Development Project
Asset class
Commercial
Developer
JMA Ventures
Location
5 3rd Street and 17 To 29 3rd Street
County
San Francisco, CA
Jurisdiction
San Francisco
Current status
Under Review

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Related

Topics
CommercialUnder Review5 3rd Street and 17 To 29 3rd StreetSan Francisco, CA

Hearst Hotel Development Project

Under Review

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