San Francisco Icon Ghirardelli Square Sells to New Owner
In this brief news-style commentary, Austin Klar reports that Ghirardelli Square, a historic San Francisco landmark at the base of Russian Hill, has been sold for approximately $80 million. He outlines the site's origins—Domenico Ghirardelli purchased the land in the 1800s and established his chocolate company there before relocating to San Leandro. In the 1960s, the Roth family acquired the property to prevent residential conversion and transformed it into the mixed‑use tourist destination it is today. The current owner, Jamestown LP, has now sold the square to an investor group that intends to maintain existing operations. Klar situates the transaction within a broader surge of development on the Northern Waterfront, especially the revitalization of Fisherman's Wharf with new restaurants, and invites viewers to comment and follow for more San Francisco news.
