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KG Growth Partners explores AI data center conversion at shuttered San Francisco mall

The Maryland-based firm is weighing the former Bloomingdale's space; no formal development application has been submitted.

At a glance

20-second brief
  • KG Growth Partners is exploring converting the former Bloomingdale's space at a shuttered downtown San Francisco mall into an AI data center and mixed-use property, IREI reported, citing the San Francisco Chronicle.

  • The Maryland-based firm has not submitted a formal development application.

  • The report describes the exploration as an alternative use amid rising demand for AI-related infrastructure, not a committed project.

KG Growth Partners is exploring converting the former Bloomingdale's space at a shuttered downtown San Francisco mall into an AI data center and mixed-use property, IREI reported, citing the San Francisco Chronicle.

The Maryland-based firm has not submitted a formal development application.

The report describes the exploration as an alternative use amid rising demand for AI-related infrastructure, not a committed project.

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