Coworking operator Canopy signed a lease for a 40,000 sq. ft. historic building at 102 Montgomery St. in San Francisco.
The brick structure leased by Canopy has been vacant since the 1970s. After 18 months of restoration by the Presidio Trust, designer Yves Behar will step in to complete the building’s refurbishment with a custom buildout spanning the site’s three floors and basement.
“CANOPY Presidio will represent our most idyllic location and design,” says Yves Behar, co-founder of Canopy and CEO of fuseproject, in an interview. “We are custom designing every element of the interior and furniture to mirror the historical beauty of the building and surrounding landscape. Our aim is to provide our members a state-of-the-art experience to do work as well as receive visitors. If comfort, inspiration and status is important to your business, CANOPY Presidio is the place to be.”
Once complete, the new coworking space will be ready to welcome both individual employees and small teams, providing amenities such as kitchens on every floor, a member-only café and gym, private offices, two boardrooms, and four suites with embedded conference rooms.
“The Presidio offers an exceptional opportunity to expand our footprint in a setting unlike any other,” said Bahram Mohebi, CANOPY’s CEO. “Our clients will benefit from an inspiring work environment that combines access to nature, amazing Bridge and Bay views, and the distinctive character of a historic building. CANOPY Presidio will be a compelling alternative to the nearby Letterman buildings.”
Canopy is managing four other flex offices in San Francisco’s Financial District, Pacific Heights, Jackson Square, and one in Silicon Valley’s Menlo Park. The new location is meant to open in spring of 2027.
