Bay Area Hospitality & Retail Summit

Thu Dec 11, 2025

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Bay Area Hospitality & Retail Summit

Exploring Supply & Demand Dynamics, Union Square to Suburban Hubs, Experiential Design, and Tenant Demand Drivers

Thursday December 11 2025 @ 8:00 AM PST

$120.00

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Event Host

L4 at 945 Market

Ingka Centres’ 945 Market is proud to announce the official grand opening of L4, San Francisco’s newest modern event venue. The 3,877-square-foot space is set up to become a hub for community gatherings, company celebrations, and cultural events in the city’s historic Mid-Market District.

945 Market is a six-floor destination for shopping, dining, working, and gathering, anchored by IKEA and Saluhall. The building includes retail, office, and entertainment spaces that support a vibrant downtown ecosystem.

Designed to bring people together for everything from corporate meetings and conferences to live performances and private celebrations, L4 offers a flexible layout, design-forward interiors, and built-in catering options from Saluhall, the food and social hall located on the first two floors of the building.

Speakers and Panels

Future of Bay Area Hotels: Experience, Innovation & Development

Performance Metrics, Development Trends, Renovations, and Design Shaping Guest Experiences

Kimo Bertram

VP, Real Estate & Development, Hyatt Hotels

Todd Chapman

Managing Partner and President, JMA Ventures

Audrey Mockler

Project Manager, Architecture + Development, Kimpton Hotels

Sar Peruri

COO and Partner, Oxford Capital Group & Oxford Hotels & Resorts

Bay Area Retail Outlook: Strategies for Resilience and Growth

Shifting Supply vs Demand Dynamics, Tenant Demand Drivers, Leasing, and the Future of Consumer Engagement

Michael Van Every

Michael Van Every is the President and Managing Partner of Republic Urban Properties, the Bay Area flagship of the Republic Family of Companies. Mr. Van Every works with Federal, State, and Local governments on the creation and development of ‘smart growth’ projects, such as master-planned communities near transportation hubs; urban mixed-use projects near major employment centers; and innovative, public-private partnerships. The Republic Family of Companies is known for developing institutional-quality real estate throughout the United States, from land development, to historic adaptive reuse, to shopping malls. In his 25 years of working experience representing major institutional and private real estate developers in the greater Bay Area, Van Every has earned the reputation as a man with the leadership, the knowledge, the experience, and tenacity to see complicated projects through from land acquisition to completion. Under Van Every’s leadership, RUP has gained national attention for its Transit Oriented Development (TOD) projects at key transit stations working as the premier public-private partner with many transit authorities across California. Since 2006, as the managing partner of RUP, Van Every has been involved with the planning, financing, construction, and delivery of 1,238 multifamily units and 145,000 square feet of mixed-use commercial space. In addition to the multifamily pipeline, RUP has approximately 380 hotels rooms, 151,000 square feet of office, and 120,000 square feet of retail in various stages of development. The estimated market value among projects is projected at $1.5 billion in value. A third-generation San Jose native, Van Every holds a Bachelor of Arts degree in Journalism from California State University at Fresno. Van Every is an active member of San Jose Rotary Club as well as the Silicon Valley Leadership Group. He also serves as a Board Member on Santa Clara County Catholic Charities. Michael is married and lives with his wife Jennifer and Jacob in the Willow Glen Neighborhood of San Jose.

Republic Urban Properties

President and Managing Partner

Michael Van Every

President and Managing Partner, Republic Urban Properties

Pete Sittnick

Pete Sittnick is a longstanding operator on the San Francisco restaurant scene who has served as director of project development at Pat Kuleto Restaurants since joining the company in 2001. Sittnick has opened, operated, and supervised more than twenty restaurants in the San Francisco Bay Area and across the country, including Martini House, and Kuleto's Italian Restaurant. He has been the managing partner with Pat Kuleto at Waterbar and EPIC Steak on the Embarcadero since their 2008 opening, and in 2011, Sittnick became the executive director of restaurant operations for Pat Kuleto Restaurants, which includes Boulevard, Farallon and Jardiniere. Sittnick has 30 years of experience in the Bay Area restaurant industry. He first teamed with Pat Kuleto in 1988 when he was the General Manager of Kuleto's Italian Restaurant on Powell Street in Union Square. Under his direction and in partnership with Pat's design of the innovative Italian eatery, Kuleto's achieved annual sales revenue of over (9 million and won both local and international acclaim. During his 12-year career with the Kimpton Group, first as a General Manager and working his way up as Regional Director of Operations, Sittnick was responsible for opening and operating many highly successful Kimpton restaurants such as Splendido, Grand Cafe, Harry Denton's and Puccini & Pinetti. Based on the success of the first model, he opened a second Kuleto's in Burlingame and other distinctive restaurants in Portland, Seattle, Denver, and Salt Lake City. His role as an integral part of Kimpton's management team helped grow their restaurant portfolio from 4 to 25 in less than a decade. He credits the late Bill Kimpton as his foremost mentor and motivator in the hospitality business. Sittnick grew up in Michigan and received his business degree from the University of Michigan. He currently serves as the President of Board of Directors of the Golden Gate Restaurant Association and is involved in many charitable fundraisers in the Bay Area. Additionally, Sittnick teaches voluntarily at the hospitality programs at City College and the University of San Francisco.

EPIC Steak

Managing Partner

Pete Sittnick

Managing Partner, EPIC Steak

Joshua Callahan

Managing Director, The Roxborough Group

Julie Baccelli

VP of Acquisition & Corporate Affairs, Build Group

Moderator

Cherie Song

Partner, Lubin Olson

Opening Remarks

Miia Kautovaara

Meeting Place Manager, Ingka Centres

What You'll Learn:

What You’ll Learn:

Gain insight into how the Bay Area’s hospitality market is rebounding, with forecasted RevPAR growth of 8.4% in 2025 and a surge in bookings tied to Moscone Center’s robust convention calendar, Super Bowl LX, and the 2026 FIFA World Cup.
Explore how shifting retail lease rates and vacancy trends from Union Square to suburban hubs are shaping investment strategies, tenant retention, and leasing velocity.
Learn how design and construction innovations are driving both hotel repositioning and retail renovations — from tenant improvements that enable experiential retail to the $200M in planned upgrades for some of San Francisco’s largest hotels.
Understand the drivers behind recent retail market shifts, from anchor tenant move-outs at San Francisco Centre to high-profile openings like Zara’s upcoming Union Square flagship, and discover how creative leasing and placemaking are redefining shopping districts.
Gain insight into the design trends and collaborative strategies that top architects, contractors, and developers are employing to deliver retail and hospitality spaces aligned with modern consumer and guest preferences.
Uncover the key economic, financial, and operational factors influencing retail and hospitality investment decisions across the Bay Area, and how leaders are navigating cost pressures while positioning for long-term growth.

Who You’ll Meet During Networking: Owners, developers, investors, brokers, city and government officials, business consultants, architects, engineers, lawyers, accountants, and bankers.

Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.

For questions, recommendations, comments, or press inquiries, please email our event producer, Bora Altunay, at bora.altunay@bisnow.com.

Interested in Sponsorship? Contact max.stein@bisnow.com to get information on sponsorship, pricing and availability at this event.

Venue

L4 at 945 Market
945 Market Street
San Francisco, CA 94103

Ballroom: 4th floor

Parking Information:

Garage Parking at venue - $15 flat rate for attendees

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Agenda

Time	Activity
8:00 AM 9:00 AM	Breakfast & Networking
9:00 AM 9:05 AM	Opening Remarks
9:05 AM 9:50 AM	Bay Area Retail Outlook: Strategies for Resilience and Growth Shifting Supply vs Demand Dynamics, Tenant Demand Drivers, Leasing, and the Future of Consumer Engagement
9:50 AM 10:10 AM	Networking Break
10:10 AM 10:55 AM	Future of Bay Area Hotels: Experience, Innovation & Development Performance Metrics, Development Trends, Renovations, and Design Shaping Guest Experiences
10:55 AM 11:30 AM	Closing Networking

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