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COMMUNITY-SERVING RETAIL

Mercy Housing, alongside the Chinatown Community Development Center, has heard from the community about the need for neighborhood-serving retail. Our goal is to create a vibrant mix of commercial spaces that meets these needs while also ensuring financial success for business owners.

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APPLY

Do you have a small business that would be a great fit for the East Cut? We'd love to get to know you. 

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STEP 1:

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STEP 2:    Receive the electronic application from the Mercy team and a personalized folder for submission. Application will include details on the conditions of the space and more information.

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STEP 3:    Submit the full application by Monday, August 11​

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Questions? Contact Julia Katz

Commercial Developer

mercyhcommercial@gmail.com

TIMELINE

Applications Due
Monday, August 11, 2025

Take care to submit all parts of the application

Selected Applicants Notified
September 15

The Development team may have follow-up questions for you after reviewing your materials - please watch your email

Signed Letters of Intent (LOI) due from Selected Businesses
Late October

The Development team will work with you on this process

Leases Signed
Early 2026

Draft leases and terms will be negotiated after LOIs are signed

Spaces Available for Tenant Improvement (TI) Buildout
Spaces A, B, C: February 2026
Spaces D, E: Spring / Summer 2026

The East building will finish construction 5-6 months after the West building, so these spaces have a slower occupancy timeline

Spaces available for move-in
When Tenant Improvement Buildout is complete.

We look forward to your grand opening!

Retail A

1,409 sq ft

Est. Rent: $3,875

Type 1 Hood config.

Intended for a restaurant

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Retail B

905 sq ft

Est Rent: $2,489

Type 2 Hood config.

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Retail C

619 sq ft

Est Rent: $1,702

Type 2 Hood config.

Retail D

756 sq ft

Est. Rent: $2,079

Type 2 Hood config.

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Retail E

1,189 sq ft

Est Rent: $3,270

Type 2 Hood config.

LEASE & USES

Five retail spaces are split across two buildings: Transbay 2 East and West. All anticipated rents are $2.75 / sq foot and all leases will be triple net. Tenant improvement allowances will be discussed during the application process.

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Uses we are most interested in include...

  • A restaurant, snack shop, bakery, or similar

  • Family- and kid-serving ones (bookstore, programming, bike shop, etc.)

  • Affordably-priced options

  • Businesses open after 6 PM 

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We're also open to your idea about what would be a great fit for the East Cut community!

TENANT GOALS

We are looking for community-serving businesses that... 

Are interested in locating in an affordable housing building

Can offer affordable prices to customers

Are welcoming & inclusive

Can contribute to neighborhood activation

Consider hiring locally

Want to support a healthy, vibrant neighborhood

APPLICATION CHECKLIST

HELPFUL RESOURCES

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Free support for business plans and operating questions

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Translation services available

Helping small businesses through training, consulting, and access to capital.

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Spanish support offered

Funding programs and counseling, as well as connections to lenders and community groups

1

Completed retail application & required attachments

2

Business plan, including marketing strategy, operations plan, financial plan, products & prices

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Business owner resume(s)

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Photos of goods or services, & any press

5

60-second video pitch

© 2025 Mercy Housing California

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