Presidio of San Francisco (1994)
The Army's 1,500-acre Presidio post transferred to the National Park Service after base closure. The Presidio Trust, created in 1996, was given authority to lease buildings to private tenants to generate revenue for preservation.
The Trust leased historic buildings to offices and nonprofits, including Lucasfilm, which built its Letterman Digital Arts Center on the site in 2005.
The Presidio became a national model for self-funding public land preservation, blending housing, offices, and parkland over two decades.
Shows how large public tracts with historic buildings can be redeveloped through phased public-private partnerships, with revenue from new uses funding the preservation of landmarks.
