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Developer explores redevelopment of Macy's in downtown San Francisco

Union Square store to stay open while TMG Partners ponders its 'potential'
Macy’s dominated Union Square in the 1990s, with 1.1 million square feet across almost a full city block, but it has since downsized. (CoStar)
Macy’s dominated Union Square in the 1990s, with 1.1 million square feet across almost a full city block, but it has since downsized. (CoStar)
CoStar News
November 5, 2025 | 9:22 P.M.

The news in early 2024 that Macy’s was closing its store in San Francisco’s Union Square was like a one-two punch for the struggling city following the shuttering of the downtown Nordstrom a few months earlier.

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