Yerba Buena Gardens Neighborhood Revitalization

The 87-acre, $2.5 billion Yerba Buena Gardens (YBG) neighborhood revitalization has been carried out by the City of San Francisco through its Redevelopment Agency, the City's entity to revitalize blighted areas. Development has created a thriving new neighborhood which includes residential facilities, from subsidized apartments for the low-income elderly and working poor to multi-million-dollar condominiums; a major cultural center; a children's center offering learning, recreation and creative experiences in an urban oasis of open space; revenue- and employment-generating commercial facilities, including hotels, entertainment uses and offices; and a world-renowned convention center.

The YBG neighborhood was developed to (1) reclaim a severely blighted sector of the City, (2) provide public amenities, (3) support San Francisco's hospitality industry, and (4) increase economic vitality and employment.

Thousands of temporary and permanent jobs have been created, and the Agency requires that hiring opportunities be made for local minorities and women. YBG generates over $8 billion annually for the local economy, and this amount is increasing. The district now attracts nearly ten million visitors per year; that number will increase within three years when major additional facilities are completed.