"They will knock down existing buildings and replace it with six-story structures," he explained to the San Francisco Examiner. "We have room to grow here." Lappen said the city works to attract biotech to the area by building roads and improving the sewer system, making it easier for businesses to build. South City currently is home to about 70 biotech companies.
Lappen told the paper that Chamberlin Associates plans to redevelop 22.6 acres of property off Oyster Point and Gateway boulevards, known as the Gateway Project, through a 10-year master plan to redevelop the site into a high-tech campus.
To read the full story from the San Francisco Examiner, click here.
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