Just months after closing, San Francisco’s Centre mall could be turned into a huge AI knowledge heart.
Maryland-based financial advisory firm KG Growth Partners inquired about a allow for a knowledge heart at the shuttered mall in June, the San Francisco Chronicle reports.
The firm informed the City of San Francisco that it is working with an unidentified companion who is in the 350,000-square-foot portion of the mall that was once home to a Bloomingdale’s.
Part of San Francisco’s shuttered Centre mall could be reworked into an AI knowledge heart. Gado via Getty Images
The information comes just as San Francisco is taking measures against AI knowledge facilities. Last week, Mayor Daniel Lurie signed a moratorium barring the metropolis from approving new knowledge facilities for 45 days.
Under the moratorium, he San Francisco Planning Department is tasked with learning the impacts of knowledge facilities.
San Francisco Centre Mall closed in January 2026 after struggling a high emptiness fee and the closure of several main companies, including Nordstrom in 2025 and Bloomingdale’s in 2025.
The information comes after the metropolis of San Francisco has positioned a 45-day moratorium barring the approval of new knowledge facilities. Getty Images
KG’s CEO Jared Kreiger shared particulars of the deliberate project with the Chronicle, saying the ground flooring of the building would stay ‘active and open’, while higher flooring would be reserved for technical use.
“Downtown San Francisco has a vacancy problem in exactly this building type, and the premise is that reuse with a mixed public and technical program does more for the block than a dark box does,” Kreiger said.
The proposed new proprietor plans to companion with ‘known AI Lab’ for the development, to create AI-controlled residing space,” continued.
“Our client is interested, in partnership with a known AI Lab, in developing the mall property, including Bloomingdale’s, into an AI-controlled living space,” Krieger said, further telling the Chronicle that the deliberate facility’s “proprietary AI design can utilize resources, such as dedicating water to a rooftop garden. This would then be donated to a nonprofit focusing on food insecurity for use in transient shelters.”
KG’s CEO Jared Kreiger said the development would ‘do more for the block than a dark box’, pointing to the metropolis’s emptiness drawback. Getty Images
The San Francisco Centre Mall closed in January 2026 after being plagued with vacancies. Gado via Getty Images
While Kreiger declined to share who KG’s consumer was, the Chronicle reported last month that industrial real estate firm B3 Investors was nearing a deal to buy the Bloomingdale’s part of the mall, and also put in a bid to buy the relaxation of the mall.
Earlier this yr, Presidio Bay Ventures and Prado Group bought the mall, with plans to convert it into a retail and industrial space. But the builders walked away from the deal in July due to failed talks over the ground lease.
Former mayor London Breed floated the thought of turning the mall into a soccer stadium back in 2023, while a more current plan from Urban Land Development and TMG Partners suggests the space be reworked into a multi-level sports activities advanced full with a members-only membership and a basketball academy.
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