By: E&P Staff
The parent company of the San Francisco Chronicle is considering developing and or possibly selling the paper’s headquarter building and adjacent land in the fast growing South of Market area.
Hearst Corp. retained the services of Forest City Enterprises, according to a report in the San Francisco Chronicle .
Frank Vega, publisher of the Chronicle told staff writer James Temple, “I don’t feel that it will have any immediate impact on the facility or employees. If and when a decision was made to go forward and develop the project, the Chronicle would remain in San Francisco and likely go into some new space.”
The lot on Fifth and Mission could be sold outright, but Vega said it was too early to tell.
The Chronicle announced in 2006 that it was outsourcing its printing to the Canadian company Transcontinental, which would also build, own and operate the printing facilities.