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Two years ago, Golden State Warriors star Steph Curry bought a Dogpatch industrial site with plans to transform it into a flagship hub for his growing off-court business empire. The vision never materialized as his company Thirty Ink cancelled the project early last year, blaming a dispute with the Norcal Carpenters Union over the use of union labor for its construction. This week, Curry sold the property. Property records show that 600 20th St., a vacant, two-story masonry building at the corner of 20th and Illinois streets near the Pier 70 waterfront, was sold for $11 million on Tuesday. The buyer of the property is listed as Dane Reinsurance Inc., which is listed as a Utah corporation with an office in San Francisco. The sale appears to have netted Curry a profit in less than two years — a striking turnaround for a property that many real estate market observers believed he had overpaid for. Curry paid $8.5 million for the 20th Street building in 2024, more than six times the property’s 2021 sale price at a time when the city’s commercial market was still reeling from the pandemic downturn. Neither Curry nor the buyer could be reached for comment Thursday. Thirty Ink declined to comment. Advertisement Article continues below this ad The transaction appears to be part of a broader effort by Curry to pare back his Bay Area real estate holdings, rather than a one-off exit from an abandoned development. Earlier this year, Curry and his wife Ayesha quietly sold their Atherton estate for $29.1 million, five years after selling another mansion in the affluent town for $32.1 million. The couple also sold a luxury condo at San Francisco’s Four Seasons Residence in 2022. In May, Ayesha Curry’s restaurant with Chef Michael Mina in downtown, International Smoke, shuttered its doors after nine years at the base of the Millennium tower. The restaurant struggled with reduced foot traffic after the pandemic, as well as construction at its building. The Curry’s have also sold homes in Oakland, Orinda, Walnut Creek and Alamo over the past decade. Steph Curry’s real estate moves come amid speculation about his future with the Warriors. He is under contract through next season but has not yet signed a new deal, despite being eligible for a two-year extension worth about $137 million. Curry and the team have indicated that he is expected to finish his career with the Warriors, though the timing of a new contract remains unclear. In June, Curry signed a reported 10-year, $400 million endorsement deal with Chinese sportswear company Li-Ning. The Dogpatch deal underscores why some investors are beginning to re-enter the city’s real estate market, even as its recovery remains uneven. While commercial vacancy across the city’s downtown remains near 30%, growing demand from artificial intelligence startups and other office tenants has begun to drive a modest leasing recovery and revive interest in projects once considered financially unworkable. The Dogpatch and Mission Bay neighborhoods, in particular, have benefited from that renewed demand. Advertisement Article continues below this ad “San Francisco stands out for its technology again inventing the future and also for its many real estate opportunities,” said Charlie McCabe, a San Francisco commercial broker tracking the market. “Consequently, new buyers are entering the local market to take financial advantage of our real estate renaissance.” The 20th Street property was slated for redevelopment into a 25,000 square foot, five-story headquarters for Thirty Ink, Curry’s umbrella company for his business, media, athlete-management and philanthropic ventures. Located roughly half a mile from Chase Center, the Warriors’ home stadium, the planned building would have included office and lab space, rooms for arts activities, a ground floor community and event space, a roofdeck and a three-bedroom penthouse intended for use by visiting business partners.