An unnamed technology company may buy the entire building, and convert one-third of it into what development consultants are calling a “regenerative urban energy center.”
The San Francisco Centre Mall, currently gathering dust after the remaining tenants departed at the beginning of 2026, has received a bid from an unusual potential buyer. Development consultants KG Growth Partners is working with a technology company they declined to name to buy the entire mall. The company plans to convert one-third of it into what the San Francisco Standard calls a data center, but what KG Growth Partners' CEO insists is a “regenerative urban energy center.”
Under KG Growth Partners' plan, the other two-thirds of the mall would contain space for retail, wellness, sports and free education, along with six acres of green space on top of the building, according to CEO Jared Krieger. Krieger said the project would aim to create more energy than it used.
The San Francisco Standard reports:
If the project moves forward — which would require it to clear major hurdles, beginning with the selection of its bid by the mall’s sellers — critics worry it could be a departure from a vision for downtown that centers on revitalizing retail and public spaces, much of it focused on the blocks immediately surrounding the mall. That vision has been boosted by the mayor’s office and the Downtown Development Corporation.
Read the full story: Could a data center be the answer to the dead mall — and help revive downtown?
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