Mission Gateway agreement will end Dec. 31, but developer says a new one is in the works

Mission Gateway FAQs

With an incomplete project, the Mission Gateway development agreement that includes some $200 million in public financing will officially be terminated on Dec. 31. Developer Tom Valenti says he has informed the city that he hopes to bring forward a new agreement "very soon." File photo.

Another attempt at a Mission Gateway redevelopment will officially end without success at the end of this month.

The current development agreement for the long-vacant site, which includes an entertainment complex centered around movie theaters and a food hall, expires on Dec. 31.