Copyright © 2015. No duplication is permitted without permission from Bob Larson Tennis.

Alexandria Real Estate and TMG Partners want most of the courts at San Francisco Tennis Club. It appears as if the famous San Francisco Tennis Club at Fifth and Brannan could be reduced from 24 courts to 4 courts.

According to The Business Times, the huge warehouse may be razed. The club sits on four blocks around AT&T Park and the major real estate developer wants to bring in a large technology headquarters.

Alexandria Real Estate and TMG Partners have finalized to purchase it and has submitted its plans, which will spend $117 million. Currently, the S.F. Tennis Club and others sit on 230,000 square feet, but Alexandria Real Estate and TMG Partners will turn it into 368,550-square-feet in office space.

In 2007, the firm Pulte Homes had planned to raze the club and build over 500 condos on the Central SoMa site, but eventually it dropped it.

According to San Francisco Chronicle “the tennis club’s owner, The Bay Club, is working with Alexandria and developer TMG Partners to create a five-story office complex that includes a sports club and four tennis courts.”

TMG Partners believes that they can make a bigger and profitable business.

“The site is at the nexus of new and existing transit structure,” said Matt Field TMG’s chief investment officer. “The Central Subway and Caltrain present tremendous opportunity for properties that surrounds them.”

For many years, the various real estate agents have fought to take over 24 courts. The club has successfully stayed there over the years, but one of the journalists said “the site’s location at the center of SoMa’s tech scene means that office buildings can draw in much more revenue than tennis courts.”

However, S.F. Tennis Club has said that they will oppose plans to redevelop it.

The private tennis club has been around since 1974.

Copyright © 2015. No duplication is permitted without permission from Bob Larson Tennis.