Members
The GBD Innovation Club members are the global business districts, its managing companies, urban authorities and high level experts working in related fields
Key Figures
Total area: 567,622 m2
Number of companies: 400 companies, 150 retail businesses (550 total)
Number of towers: 28 completed, 2 under construction, 2 in planning
Number of employees: 80,000+
About the business district
The East Cut is San Francisco’s fastest-growing and most exciting new neighborhood. For years prior to its rebirth, our area was lumped in with SoMA, South Park, South Beach, the Financial District, or the Embarcadero. But as our neighborhood has redeveloped and come into its own, residents, businesses, and community organizations are embracing a new identity to distinguish our home from the rest of the City.
The 21st Century has brought monumental residential and commercial towers juxtaposed with iconic San Francisco landmarks such as Klockars Blacksmith, the Sailor’s Union of the Pacific, and the Bay Bridge. If you stroll around the East Cut neighborhood today, amid the hustle-bustle you’ll discover intimate public spaces featuring world-class public art along with surprise views of the Bay sparkling in the sunshine.
The East Cut is also home to the newly-opened Salesforce Transit Center and Salesforce Park – a 5-acre rooftop park spanning four city blocks. Dubbed the “Grand Central Station of the West”, Salesforce Transit Center is home to all transbay bus service and will be the northern destination of California’s future high-speed rail. Where coffee once roasted in the Hills Brothers factory and seamen lugged goods from docked ships, we now have modern office towers that are home to some of the most innovative companies in the world, including Salesforce, Gap, Inc., Google, and Facebook.
Longtime residents and businesses are welcoming their new neighbors as the East Cut has become one of the most forward-thinking and hospitable neighborhoods in San Francisco.
About Managing Company
In July 2015, the East Cut Community Benefit District (CBD) was originally formed as the Greater Rincon Hill Community Benefit District by area property owners and other stakeholders.
The East Cut CBD is a 501(c)(3) non-profit corporation supported by nearly 4,400 property owners through an annual assessment. The East Cut CBD provides cleaning and safety services 24-hours a day, 7-days a week, 365-days per year, above and beyond the City’s baseline services. The CBD also delivers community programming and placemaking, and works with property managers and the City to make the public realm more enjoyable for all.
The East Cut CBD holds several committee meetings, including street services, parks and greenspace, and economic development, which are open to the public. All these programs and services together intend to advance the neighborhood’s quality of life, enhance its public realm, and reinforce the vitality of its economic base.