Today's
SFGate is reporting that:
Hearst plans major development around Chronicle
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.
The historic Chronicle building at the corner of Fifth and Mission streets would stay, and the paper's newsroom would probably remain there. But the adjacent former Examiner building on Fifth Street, which is not considered historic, would be replaced with an office tower slightly higher than the InterContinental hotel across the street.
Forest City wants to turn the site into a home for the young tech companies that San Francisco is trying hard to attract and keep. They would share the space with arts organizations - some of which are already housed in the Chronicle building - and small retail shops. A public space on the Chronicle rooftop and a small plaza on the block's interior would give residents and workers spots to relax and meet.