Mission Bay Development Group

What Mission Bay Development Group does

Mission Bay Development Group (MBDG) is a privately-held, San Francisco-based real estate development firm specializing in urban infill, mixed-use, and brownfield redevelopment, with its registered office at 401 Terry A. Francois Blvd, Suite 122. The firm acts as a master developer on complex, capital-intensive projects that require navigating California environmental regulations, brownfield remediation, and public/private partnership structures. Its portfolio comprises four active projects: Mission Bay in San Francisco (300+ acres of former rail yards, described as one of the largest urban developments in the city's history); Bayport Alameda (an 87-acre former Naval Air Station brownfield delivering 485 single-family homes at a $375 million budget); Santa Fe Place in San Diego (entitled for 3.3 million square feet of mixed-use space centered on the historic Santa Fe Depot at a $500 million project budget); and 19th & Broadway in Oakland (a 28-story, 300-unit residential tower above the 19th Street BART station).

MBDG's core technology is real estate development expertise rather than software or hardware, spanning end-to-end execution from planning and entitlement through financing, construction, build-out, and ongoing operations and management. The firm's competitive advantage is built on the financial and investment background of its principals, its regulatory navigation of California brownfield and redevelopment frameworks, and a multi-decade track record validated by awards from the US Department of Transportation (TIGER IV), California Department of Housing and Community Development (Catalyst Community Gold), AIA, APA, ASLA, and CELSOC. Its customer base consists of municipal governments and redevelopment agencies acting as public partners, institutional investors as capital partners, and co-developers such as FOCIL-BP, LLC and Warmington Homes.

The firm operates on a project-based, professional services revenue model, generating fees and master developer promotes in exchange for orchestrating planning, entitlement, financing, construction, and ongoing operations of each project. MBDG spun out from Catellus Development Corporation and now operates as Mission Bay Development Group, LLC, a California LLC with 11-50 employees. The firm has no disclosed funding rounds, no public revenue figures, and operates exclusively in California, with concentrated exposure to a small number of large public/private partnership projects — making its revenue inherently project-lumpy and dependent on municipal counterparties and capital partner continuity.

Name

Mission Bay Development Group

Legal name

Mission Bay Development Group, LLC

Website

https://mbaydevelopment.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Mission Bay Development Group is a San Francisco-based, privately-held real estate development firm specializing as a master developer in urban infill, mixed-use, and brownfield projects across California, partnering with municipal governments and institutional investors on complex, capital-intensive public/private developments.

Ownership category

akta.pro rank

Product category

Real Estate Development Services

NAICS

Nonresidential Building Construction (2362), Land Subdivision (23721)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Urban Planning & Master Planning (BPAHAKAD)

akta.pro secondary industries

Regional & Land Use Planning (BPAHAKAE), Urban & Regional Planning (Land Use, Zoning, Master Planning) (BPAIANAD)

Keywords

• Urban infill development
• Mixed-use development
• Brownfield redevelopment
• Master developer services
• Public-private partnerships

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Development Fees and Master Developer Services: Revenue generated through master developer roles on complex urban redevelopment projects, including public/private partnerships. The company provides end-to-end services from planning and entitlement through construction, financing, and ongoing operations.

Core offering

Mission Bay Development Group is a real estate development firm acting as master developer on complex urban infill, mixed-use, and brownfield projects. The firm provides end-to-end services from early planning and entitlement, through financing, construction, final build-out, and ongoing operations and management, primarily delivered through public/private partnerships with cities and institutional investors.

Product overview

Mission Bay Development Group is a real estate development firm offering master planning and development implementation services for complex urban projects. Their portfolio consists of four major development projects: Mission Bay (San Francisco, 300+ acres), Bayport Alameda (Alameda, 87 acres), Santa Fe Place (San Diego, 15 acres), and 19th & Broadway (Oakland). These projects focus on urban infill, mixed-use, and brownfield redevelopment, delivered through public/private partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Mission Bay The company's flagship mixed-use development project spanning over 300 acres of former rail yards along the San Francisco bayfront, representing one of the largest urban development projects in the city's history. Delivered through a public/private partnership with the successor to the San Francisco Redevelopment Agency.
• Bayport Alameda An 87-acre mixed-income community built on a former Naval Air Station brownfield site in Alameda, California, featuring 485 single-family homes, a new school, and parks. Approximately $375 million project budget, executed with FOCIL-BP, LLC and the City of Alameda.
• Santa Fe Place A mixed-use, transit-oriented development centered on the historic Santa Fe Depot in San Diego, entitled for 3.3 million square feet of residential, retail, commercial office, and hotel uses, with a project budget of approximately $500 million.
• 19th & Broadway A 28-story, approximately 300-unit residential tower development above the 19th Street BART station in Oakland's Uptown district, incorporating the historic Tapscott Building as part of a transit-oriented urban infill project.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered flagship, core and former.

• City of San FranciscoflagshipStrategic or Co-development PartnerPublic/private partnership with the successor to San Francisco Redevelopment Agency for the Mission Bay project. Collaborates on transforming underutilized waterfront property into mixed-use community.
• FOCIL-BP, LLCcoreStrategic or Co-development PartnerJoint venture partner for Bayport Alameda project. FOCIL-BP, LLC is successor to Catellus in the partnership.
• City of AlamedacoreStrategic or Co-development PartnerPublic partner in Bayport Alameda redevelopment of former Naval Air Station under BRAC closure.
• Warmington HomescoreStrategic or Co-development PartnerJoint venture partner for Bayport Alameda housing development.
• Catellus Development CorporationformerStrategic or Co-development PartnerFormer parent company whose team members transitioned to form MBDG. Stephanie Williams previously worked as Accounting/Reimbursement Manager for Mission Bay at Catellus.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• FivePoint Holdings: California-based master developer of large-scale, mixed-use planned communities (e.g., Great Park Neighborhoods in Irvine). Closely comparable to MBDG in business model — public-private partnerships, entitlement-driven master development on former institutional/brownfield land, and California focus.
• TMG Partners: San Francisco-based infill and mixed-use real estate developer. Directly comparable to MBDG by geography (San Francisco Bay Area) and by focus on urban infill/mixed-use projects often involving entitlements and public partnerships.
• Carmel Partners: California-focused residential and mixed-use developer active in urban infill including San Francisco. Comparable in California urban residential/mixed-use execution, particularly for transit-adjacent projects similar to MBDG's 19th & Broadway.
• The Irvine Company: Private California owner/developer of master-planned communities and mixed-use urban centers. Comparable in scale of California land holdings, mixed-use orientation, and long-cycle master-development execution similar to Mission Bay.
• CIM Group: Urban real estate operator focused on infill and mixed-use development across U.S. gateway cities including California. Comparable in urban infill thesis and willingness to assemble complex public-private partnerships.

Broad incumbents

• Forest City Realty Trust: Now part of Brookfield Properties, historically known for large master-planned mixed-use redevelopments (e.g., Atlantic Yards/Pacific Park). Comparable in taking on transformative, multi-phase urban projects via public-private partnerships.
• Related Companies: National master developer of large, complex mixed-use urban projects (e.g., Hudson Yards). Comparable to MBDG as a master developer taking on transit-oriented, multi-decade, multi-stakeholder public-private redevelopments, but at a much larger national scale.
• Brookfield Property Partners: Global real estate investor/developer with significant urban mixed-use and master-development exposure. Comparable as a capital partner and master-developer on large urban redevelopments, though typically at larger scale than MBDG.
• Tishman Speyer: Established master developer of large mixed-use and commercial projects globally. Comparable in master-developer role on complex urban sites, though typically focused on commercial rather than brownfield residential.
• Lendlease: Global urban regeneration developer active in large mixed-use master-planned districts. Overlaps with MBDG in brownfield-to-mixed-use transformations and public partnership models.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mission-bay-development-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mission Bay Development Group