Project type:
Commercial
Development/Leasing
Open Space
Project Schedule
- 2015 Exclusive Negotiation Agreement Approved
- 2016 Term Sheet Endorsed
- 2019 - 2025 Entitlements and Transaction Documents
- 2021 - 2026 Search for Financing
- 2027 - 2028 Construction Period
- 2029 Grand Opening
Overview
The proposed project includes three major components:
- a new permanent theater to serve as the permanent home for Teatro ZinZanni and its historic “Spiegeltent”
- a 164-room luxury hotel with ground level café and a roof-top bar
- an approximately 14,000 square foot public park
Project sponsor - TZK Broadway, LLC and Teatro ZinZanni
Architects - Hornberger + Worstell
General contractor - DPR Construction
Project History
Planning to Date
- January 15, 2016 – Market Study for Proposed Waterfront Hotel
- December 2, 2015 – Northeast Waterfront Advisory Group Presentation
- May 5, 2015 – SF Board of Supervisors Resolution exempting from the competitive bidding policy
Port Commission and Board of Supervisors
- September 8, 2015 - Port Commission granted authorization to enter into Exclusive Negotiation Agreement
- Sept. 10, 2019 - Port Commission approved the proposed lease
- January 14, 2020 - Board of Supervisors approved the Lease, Clerk of the Board File No. 191182
- July 14, 2026 - Port Commission approved the revisions to lease terms
Document Archive
Project Factsheet (updated August 2026)
- SF Board of Supervisors Resolution exempting from the competitive bidding policy (May 5, 2015)
- Port Commission granted authorization to enter into Exclusive Negotiation Agreement (Sept. 8, 2015)
- Northeast Waterfront Advisory Group Presentation (Dec. 2, 2015)
- Market Study for Proposed Waterfront Hotel (Jan. 15, 2016)
- Port Commission endorsed the Term Sheet (Apr. 26, 2016)
- Board of Supervisors endorsed the Term Sheet, Clerk of the Board File No. 160541 (July 12, 2016)
- SF Planning Project Approval (May 2, 2019)
- Port Commission informational item (August 9, 2019)
- Port Commission approval of the proposed lease (Sept. 10, 2019)
- Recent Update to the Port Commission (Oct. 11, 2022)
- Port Commission approval of revised lease terms (July 14, 2026)