Neil Mehta Donates $100M to Revitalize San Francisco's Fillmore Street

Sep 30, 2024, 08:40 PM

Neil Mehta, co-founder of Greenoaks Capital, has made a significant contribution to his childhood neighborhood in San Francisco by donating $100 million to a nonprofit organization. This donation aims to revitalize the Fillmore Street area by purchasing retail properties and offering below-market leases to food and beverage entrepreneurs. The initiative is part of a broader effort to combat the issue of vacant storefronts in the city. Despite some opposition from local figures such as Aaron Peskin, the move has been widely praised for its potential to rejuvenate the community.