San Francisco Mayor Ed Lee on Monday unveiled the future of the now-defunct Candlestick Park, in what developers hope will be an "urban outlet" mall, featuring an African diaspora-themed market, movie theaters and 6,000 homes.
"I am overjoyed," Lee said at a news conference.
Candlestick Park, built in the 1950s, was decommissioned after the 49ers football team left the San Francisco stadium, nicknamed the 'Stick, for a new $1.2 billion stadium nearly 40 miles south in Santa Clara earlier this year.
Demolition of the storied venue is expected to begin this winter.
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