These are exciting times at Fairmont Heritage Place, Ghirardelli Square. Bloomberg recently reported that the retail portion of San Francisco’s Ghirardelli Square was purchased by Jamestown, the owner of New York’s Chelsea Market. The new owner plans to do an extensive remodel, which will include a $15 million storefront, signage and plaza upgrade.
The improvements will be welcome news to the San Francisco foodie scene, as a main emphasis will be placed in attracting top-tier restaurant and dining establishments.
“Ghirardelli Square is an American icon,” Michael Phillips, chief operating officer at Atlanta-based Jamestown, said in a telephone interview. The firm is hoping for a restaurant-leasing revival mirroring the square’s 1990s heyday, when it attracted diners including football stars Joe Montana and Jerry Rice, Phillips said. “Food-focus is part of our company culture.”
Currently the property offers a range of shopping and dining amenities from local boutiques such as Jackson & Polk to cupcakes by Kara’s and Wattle Creek Winery to McCormick and Kuleto’s Seafood Restaurant which offers amazing ambiance to guests.
Jamestown officials said it has plans for a “multi-million dollar renovation” over the next two years that will revitalize the historic 100,394-square-foot plaza. While a portion of Ghirardelli Square will remain listed on the National Register of Historic Places as Pioneer Woolen Mills and D. Ghirardelli Company, the fresh renovation has been widely received with open arms. Ghirardelli Square draws 12.4 million annual locals and tourists alike, catering to a diverse global audience. San Francisco’s strong economy and tourism makes the renovation appealing.
Read more about the renovation here.
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The Fairmont Heritage Place, Ghirardelli Square is a residential-style, all-suite San Francisco luxury hotel and Private Residence Club. Owners receive a host of privileges including exclusive membership as Fairmont President’s Club Circle Members, and preferred privileges to stay in the Fairmont, Raffles, and Swissotel hotels and resorts network of worldwide destinations.
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