Company’s Move to Historic Furniture Mart, Brings 220 Jobs to Central Market & Continues Neighborhood Revitalization
—Mayor Edwin M. Lee today announced that One Kings Lane, the premiere online curator of home and lifestyle brands, has entered into a 52,000 square-foot lease at the historic San Francisco Furniture Mart building at 1355 Market Street to house their company headquarters.
“The decision by One Kings Lane to move from South of Market and expand in Central Market is another major sign that our strategies to revitalize the neighborhood with new jobs and technology are working,” said Mayor Lee. “It is only fitting that a company that has revolutionized the home décor industry by taking it online, is now moving into the old San Francisco Furniture Mart building to join Central Market’s new technology cluster in San Francisco, the ‘Innovation Capital of the World.’
“One Kings Lane is experiencing tremendous growth, and as San Francisco attracts top talent, Market Square provides us with a prime location and the space that will allow our business to grow,” said One Kings Lane CEO Doug Mack. “We’re excited to work with the community and the city to rejuvenate central market.”
Currently occupying 16,630 square feet in South of Market, One Kings Lane will triple in size when they move to Central Market this fall. The new office space will accommodate One Kings Lane’s rapid growth as they expand to 220 employees in San Francisco by the end of 2012 with room to grow.
In the wake of the Central Market payroll tax exclusion passed last year and the City’s coordinated efforts to revitalize Central Market, the neighborhood has seen increased leasing of office space from technology companies like One Kings Lane, Twitter and Zendesk. Those and other growing technology companies are joining the American Conservatory Theater (A.C.T.), the Black Rock Arts Foundation and a growing number of arts organizations in the area. Small businesses such as Ma’velous Coffee and Wine Bar and Little Griddle have also opened and are thriving in the area. This combined with three residential housing projects from Crescent Heights, Trinity and Avalon Bay in various stages of development demonstrates that an economic revitalization of the Central Market is well underway.
About One Kings Lane
One Kings Lane is the leading online curated sales destination for the home, offering members access to spectacular designer home decor, furnishings, accessories, and gifts – at prices up to 70 percent off retail. One Kings Lane works directly with leading home brands to bring the very best products at exceptional prices to its members – every day of the week. One Kings Lane also partners with top designers, decorators and industry insiders to deliver content that inspires, enlightens and informs. For more information, go to www.onekingslane.com