I walked down to Pier 48 on this rainy morning because there was a media event announcing a new Anchor Brewing facility at the Mission Rock site across the cove from AT&T Park. Besides a damp backpack and some photos, the main thing I took away was how in this age of gigantic TV contracts, the Giants are experts at making incredible amounts of money from the in-person experience.
The Giants’ marketing department takes a lot of ribbing, but you have to give them credit for knowing their audience. From panda hats to closers in gnome form, they know what their fans like. And the money made through souvenir sales pales in comparison to the dough that rolls in from food and beverage purchases.
However, up to this point most of the Giants’ gameday moneymaking has occurred inside AT&T Park. Starting in 2016, the Giants and Anchor Brewing Company will look to draw fans west of King Street, away from places like Momo’s, Paragon, Pedro’s Cantina and Zeke’s (especially Zeke’s, since that place is a no-good Packers bar). Anchor’s new facility will allow the company to increase their production from 180,000 barrels to 680,000 barrels annually, according to the information in the press packet. The new Pier 48 site will also include a restaurant, museum and educational facility.
In other words, the fans can come by and drink Anchor Steam and eat bar food in the hours leading up to the point where they head back over Lefty O’Doul Bridge and drink Anchor Steam and eat ballpark food. Since Giants fans love pregame consumption options, they’re fairly excited over the prospect of a San Francisco institution providing another spot so close to park that should feature a pretty choice view of the Bay Bridge.
It’s a great thing to hold a media event around, because fans like beer and food. The rest of the Mission Rock development is less about the fans and more about making money:
In case you don’t want to watch Larry Baer speak, the gist of this video is the Anchor facility is only about 5% of the square footage of the Mission Rock project. The rest will consist of more than eight acres of parks and open space (“Sort of this side of town, miniature version of Chrissy Field,” according to Baer.), between 650 and 1,500 residential units, up to 1.7 million square feet of office space, a parking structure “to accommodate ballpark visitors,” and “about 250,000 square feet of retail, restaurants, and public amenities,” including the Anchor brewpub.
The Giants are one of those lucky businesses that builds loyalty and public equity the more successful they are, both on the field and financially. Not surprisingly, the Giants believe those two areas are intertwined.
The new project is a chance not only to guide development of its next-door neighbor, but also to inject some cash into the team’s coffers, as Giants President and CEO Larry Baer freely admitted when he unveiled the plans for the project last April.
“We’ve been very open about the fact that for the Giants, we need to create revenue,” he said at the AT&T Park event. “Players aren’t getting any cheaper.”
It’ll be interesting to see if Anchor charges ballpark prices at the brewpub; I would imagine not, considering they won’t have a monopoly on pregame beer and food consumption.
Anchor has been giving tours on weekdays by reservation only at their Portrero Hill facility (which they said they’ll keep using) for as long as I can remember. I’ve heard good things and have always wanted to go, but since I usually try to stay moderately productive on weekdays (stop snickering, it’s kind of true) and making a reservation requires planning and scheduling, I’ve never taken the tour. Maybe with this new facility I’ll get a chance to finally do so, although I’m thinking this place might get a bit crowded during baseball season.
Also, I took a few photos while I was out there (and scanned a few from the media materials).
























49ers Hot Read
49ersnews.com
49erswebzone.com
Niner Insider
Athletics Nation
95.7 FM The Game
Bay Area Sports Talk
Popblerd
Ray Ratto – CSNBA
Ruthless Sports
Giants Extra
Giants Talk
Giants365.com
GiantsPod
Optioned to Fresno
Fangraphs
Pro Football Talk
Feltbot's Warriors Blog
Joe Lacob & Co. [libelous slander]
WarriorsCentral.com

Anchor Steam, Its It and the Giants!
The Giants can't afford to stand still with the Dodgers spending $225 mill per season in salaries. They gotta generate revenue wherever they can. Drink up, Larry
Looks like the mayor is enjoying the brew a bit too much. Glad to see Anchor doing well for themselves, now if we can only get Sierra Nevada to do something similar locally.
Giants can't do anything wrong it seems!
Of course, that's not a bad thing!.... The Giants are on top of the baseball world even though they sadly haven't been treated like it nationally. The Giants own the Bay Area sports scene right now with winning the past 2 out of 3 WS, and they have a lot of cache in the Bay Area right now because of their recent success, as well as the ballpark. Who doesn't want to do business with the Giants right now? I guess the A's, but as far as local San Francisco businesses go, dealing with the Giants isn't a bad way to go. They even have a promo/commercial on KNBR, talking about a business seminar or something like that at AT&T, where people who either want to be in business or are in business or something like that, can learn how to use the power of the Giants to basically make their businesses more successful or something like that. LOL. I know it's not great detail, but it was an interesting promo/commercial. But yes, you're right, the Giants can do no wrong right now!
They should add a Golf Course while they're at it
I like Larry, but some of his BS is priceless. His comment,"Players aren't getting any cheaper" is funny. Is he saying that if the Mission Rock project doesn't get off the ground that the Giants will no longer be able to sign players? C'mon Larry! Your fans aren't stupid.
Like it, but still a Momo's fan.
It's kind of too bad that the Warriors new San Francisco arena can't/probably won't be built there, but the new Mission Rock project looks pretty cool. That's going to be the place to be before, during, and after Giants games, and even in the MLB offseason.
Cannot wait; I know some of the anchor people; they make great local product ( which is a good starting point drinking here instead of ridiculous ballpark prices. Unfortunately no Pliny on tap here! ( in reference to Sundays post).