Dev’t corp brings together private, nonprofit, labor leaders to spur SF downtown recovery

THE EFFORT TO STRENGTHEN the economic muscle of downtown San Francisco got a major boost this week with the formation of a development corporation bringing some of the city’s most prominent names in business and philanthropy together, including a nonprofit organization founded by the mayor. 

The newly formed nonprofit Downtown Development Corporation, or DDC, will unite the private and nonprofit sectors, in partnership with the city, to focus on investments to help the downtown area regain foot traffic and fill office vacancies that have persisted since the COVID-19 pandemic shutdowns.