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San Francisco’s Stalled MEGAPROJECT Finally Moves—at a Stunning Loss episode artwork

EPISODE · Dec 16, 2025 · 17 MIN

San Francisco’s Stalled MEGAPROJECT Finally Moves—at a Stunning Loss

from News For Reasonable People · host Sean Reynolds

One of San Francisco’s most infamous stalled developments — the Oceanwide Center near Salesforce Tower — is reportedly set to sell for around $95 million, a fraction of the more than $1 billion invested before construction halted.Once planned as a massive mixed-use complex with luxury residences, office space, and a Waldorf Astoria hotel, the project has sat unfinished for years, symbolizing the broader struggles facing downtown San Francisco’s commercial real estate market.

What this episode covers

One of San Francisco’s most infamous stalled developments — the Oceanwide Center near Salesforce Tower — is reportedly set to sell for around $95 million, a fraction of the more than $1 billion invested before construction halted.Once planned as a massive mixed-use complex with luxury residences, office space, and a Waldorf Astoria hotel, the project has sat unfinished for years, symbolizing the broader struggles facing downtown San Francisco’s commercial real estate market.

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San Francisco’s Stalled MEGAPROJECT Finally Moves—at a Stunning Loss

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Frequently Asked Questions

How long is this episode of News For Reasonable People?

This episode is 17 minutes long.

When was this News For Reasonable People episode published?

This episode was published on December 16, 2025.

What is this episode about?

One of San Francisco’s most infamous stalled developments — the Oceanwide Center near Salesforce Tower — is reportedly set to sell for around $95 million, a fraction of the more than $1 billion invested before construction halted.Once planned as a...

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