New Year’s Message to Our Neighbors

As we begin 2026, we extend our warmest wishes to residents, families, and community members across San Francisco’s Westside. These neighborhoods have long been defined by deep civic engagement, strong schools and institutions, and a shared commitment to thoughtful planning that respects both history and the future. The Westside plays a vital role in the fabric of San Francisco, and its strength is an important part of the City’s broader recovery and resilience.

We are writing to share an update on Stonestown, along with recent additions and upcoming community events that may be of interest to our neighbors.

A Long-Term Vision Rooted in Community

Stonestown’s future planning is guided by a simple and enduring principle: evolve carefully while continuing to serve the everyday needs of the surrounding neighborhoods. The long-term vision reimagines Stonestown as a more integrated, mixed-use, and community-oriented place — one that brings together housing, open space, neighborhood-serving retail, and public amenities, while preserving its role as an accessible gathering place for families, seniors, students, and longtime residents.

Infrastructure Financing Plan Approved

On January 27, 2026, the San Francisco Board of Supervisors voted unanimously to approve the Infrastructure Financing Plan for the Stonestown project.

This action does not authorize new construction or immediate development. Instead, it establishes a framework to ensure that infrastructure and community benefits can be funded responsibly if and when future phases move forward.

The plan creates an Enhanced Infrastructure Financing District (EIFD), a State-authorized tool that allows a portion of new property tax revenue generated by future development to be reinvested locally. Key safeguards include:

  • No increase to existing tax rates
  • No reliance on the City’s General Fund
  • Funds limited to defined, voter-approved public benefits

Eligible benefits include affordable housing, transportation improvements, utilities, open space, childcare, and a replacement senior center.

A Transition into the Next Phase

With this approval, the project now enters a post-entitlement mapping phase — a largely technical and administrative process that takes place outside of the public spotlight.

This step represents the closing of an important chapter in the public approval process. Future progress will depend on economic and market conditions, and any next steps will occur gradually over time, guided by feasibility, infrastructure planning, and continued coordination with the City.

We remain hopeful about San Francisco’s long-term recovery, while also recognizing that responsible planning requires realism and patience.

Brookfield Retail Rebrands as GGP

We also want to share a broader company update: Brookfield has rebranded its national retail business — encompassing more than 100 shopping centers — back to the name GGP, reflecting the strength and legacy of that brand in the retail marketplace.

This is a name change only. Brookfield continues to own and operate the platform in the same structure, with an ongoing focus on long-term investment, operations, and responsible redevelopment of retail destinations.

Recent Activity at Stonestown Galleria

As planning for the future continues, Stonestown remains an active, everyday destination — supporting local jobs, providing neighborhood-serving retail, hosting events for the community, and offering places to gather close to home. Recent additions reflect the diversity of the surrounding community and reinforce Stonestown’s role as a welcoming space for all ages.

Recently Opened

  • H&M
  • DSW
  • Palmetto Superfoods
  • Kizuki Ramen
  • Supreme Dumplings
  • Fever Up Entertainment (virtual reality experience, currently featuring Titanic)
  • JINS Eyewear
  • The Slime Kitchen (children’s interactive space)

Planned Openings in 2026

  • Red Ninja (Food Court) – Spring
  • HEYTEA – Spring
  • Jamba Juice (same location, new operator) – Spring
  • Raising Cane’s – Late summer / early fall

Click here to view upcoming events

We recognize that meaningful change in San Francisco happens best when it is shaped over time, grounded in transparency, and informed by neighborhood voices. Stonestown’s planning reflects a long-term commitment to careful stewardship — supporting housing, infrastructure, and public amenities while honoring what makes the Westside such a special place to live.

We appreciate the continued interest of Westside neighbors as this work moves into a quieter, technical phase. Stonestown will remain an active community destination, and we will share updates only as appropriate over time.

With best wishes for a healthy and prosperous New Year,

The Stonestown Team