SAN FRANCISCO, CA [August 5, 2025] – Jamestown, a global real estate investment and management firm, today announced the installation of a solar energy system at Levi’s Plaza, a nearly one-million-square-foot office campus located along San Francisco’s Embarcadero, in the city’s Northern Waterfront market.
Jamestown partnered with Wunder, a provider of commercial energy solutions, to deploy the 200-kilowatt solar energy system, which is projected to deliver energy cost savings while reducing the environmental impact of the property. The system came online in June and is expected to generate 290,000 kilowatt-hours of electricity in its first year of operation, offsetting approximately 460,000 pounds of CO₂ emissions. The solar energy project at Levi’s Plaza is part of a broader partnership with Wunder to evaluate and deploy solar across applicable sites within Jamestown’s real estate portfolio and development pipeline.
The solar energy system at Levi’s Plaza was a significant element in the property achieving net-zero operational carbon, becoming the first existing, large-scale commercial campus in San Francisco to reach this milestone. The solar energy effort was part of a broader $50 million retrofit, which also included eliminating onsite fossil fuels, converting heating systems to electric, and offsetting remaining emissions.
"Achieving net-zero operational carbon requires a multi-pronged approach, and at Levi’s Plaza, deploying robust solar energy systems was a key part of that strategy," said Alex Schwiebert, Senior Vice President, West Coast Regional Market Leader at Jamestown. "Sustainability initiatives like this have proven to be a key driver for attracting tenants, while also reducing energy costs.”
“Our work with Jamestown continues to set the bar for sustainability and solar within commercial real estate,” said Dave Riess, CEO of Wunder. “From Larkspur to Levi’s Plaza, we’re seeing how solar can complement a property’s design and function while delivering long-term value to owners and their tenants. It’s always exciting to see a new commercial solar system deployed in downtown San Francisco, and we’re proud to continue growing this partnership.”
Since launching a sustainability program in 2008, Jamestown has continuously integrated environmental, social, and governance (ESG) practices across its operations. After exceeding its initial ESG goals, the firm has refined its targets which now includes achieving net zero operational carbon by 2050 from a 2018 baseline, reducing greenhouse gas emissions and energy use intensity by 50% by 2030, and achieving waste diversion and water use intensity reduction targets by 2050. By embedding ESG objectives directly into team-specific goals, Jamestown aims to improve accountability and drive long-term impact across its portfolio.
Located along San Francisco’s Embarcadero in the city’s Northern Waterfront market, Levi’s Plaza was built in 1981 as the corporate headquarters for iconic clothing brand Levi Strauss & Company. Jamestown acquired the nine-building, 930,000-square-foot campus in 2019 and has since made efforts to preserve the character and significance of the property’s open space, which was designed by renowned landscape architect Lawrence Halprin, while also enhancing the site with new amenities and efficiencies for the modern workforce.
Levi's Plaza serves a diverse tenant base that includes Levi Strauss & Company, Snap, and Supercell. The property has recently emerged as part of a growing Northern Waterfront AI innovation hub, attracting startups seeking an environment where collaboration drives breakthrough growth.
About Jamestown
Jamestown is a design-focused, vertically integrated real estate investment manager and service provider with over 40 years of experience and a mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions exceeding $40 billion. As of June 30, 2025, Jamestown has assets under management of $14.4 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs over 600 people worldwide with 11 global offices, including headquarters in Atlanta and Cologne. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Buildings in Boston and Lisbon, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.
About Wunder
Wunder is a leading provider of enterprise-grade energy solutions for the commercial real estate market. Some of the nation’s most sophisticated real estate firms and Fortune 500s rely on Wunder to deploy renewable energy initiatives across their portfolios. Wunder’s mission is to accelerate America’s clean energy future by unlocking the potential of the commercial and industrial sectors. Learn more at www.WunderPower.com.
