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Mission Gateway developers are proposing a revised redevelopment plan to the city that features the same main elements as the plan that expired on Dec. 31, 2021. The new plan, presented to the Mission City Council this week, features a scaled-back food hall and additional apartment units.
Citing the pandemic and constraints in securing financing, developers of the dormant Mission Gateway Development project outlined a series of proposed changes to the project and its financing Thursday during a Mission City Council work session about the partially completed $268-million project.
Buyers are returning to cities like New York and Miami, and the outlook for investment is promising