SF Mayor Daniel Lurie introduces $40 million privately-funded initiative to revamp downtown

"A place to live, work, play and learn: That's San Francisco Mayor Daniel Lurie's vision for downtown -- and he's got a new initiative he hopes will make it happen. Lurie said his administration has leveraged more than $40 million in private funding to help boost downtown, in what he is calling the "Heart of the City" executive directive. Lurie said that initiative will use the millions to support small businesses, clean up streets and activate public spaces."

"He said it's going to put downtown on track to be a 24/7 neighborhood. The priorities are going to be measured through the next year. MORE: San Francisco Mayor Daniel Lurie signs $15.9 billion city budget for next 2 fiscal years "It's not just that San Francisco is open for business. We are making it easier to do business here in the city," Lurie said."

The "Heart of the City" executive directive leverages more than $40 million in private funding to boost downtown. The initiative allocates funds to support small businesses, clean streets, activate public spaces, and convert vacant office space into housing. Goals include transforming downtown into a 24/7 neighborhood and encouraging private investment through streamlined permitting. Targeted areas include Powell Street, Stockton Street, Fourth Street and Embarcadero Plaza. Progress will be tracked with milestones at 100 days, six months and one year. The effort also aligns with broader fiscal planning reflected in a recently signed city budget.

Read at ABC7 San Francisco