Canopy, the boutique coworking firm founded by designer Yves Béhar, has leased all of 102 Montgomery Street — the last of the Presidio Main Post's red-brick barracks to be restored and activated. It opens to members in spring 2027.

Stand on the Main Parade Ground lawn and look east, and you see a row of matching red-brick buildings — old Army barracks, three stories each, bay and bridge behind them. For years one of them, 102 Montgomery Street, stayed dark while its neighbors filled up. That ends now. The Presidio Trust has handed the entire building — about 40,000 square feet over three floors and a basement — to a single tenant: Canopy, a boutique coworking company. Hoodline reported the lease this month, crediting a San Francisco Chronicle report that broke it.

What makes the deal a neighborhoods story rather than a real-estate footnote is the row itself. These brick barracks went up in the 1890s and have been coming back online one at a time. By the Trust's own account, the buildings at 101 and 103 Montgomery were rehabilitated in 2011 and leased years ago — the AI firm Cresta took 101, and the digital-health company The Pill Club moved into 103 alongside the cancer-therapy startup Kinnate Biopharma. 102 lagged behind. With its restoration done and now leased in full, the Trust has activated the last of the brick buildings on this stretch of the Main Post.

Filling it with a coworking operator, instead of one company taking a nameplate, says something about how office demand reaches the park. Space here is scarce: the Trust closed 2024 at 96% commercial occupancy (external source, opens in a new tab), a number it enjoys setting against the empty towers downtown. Handing 40,000 square feet to a membership operator is a wager that the appetite for a desk in a national park comes in individual pieces, not whole-floor commitments.

Canopy is an established name, not a first-timer. The designer Yves Béhar started it in 2016 with the developer Amir Mortazavi and the entrepreneur Steve Mohebi, opening a modest room on Fillmore Street in Pacific Heights before adding outposts in the Financial District, Jackson Square and Menlo Park, as Dezeen covered (external source, opens in a new tab) at the launch. Béhar's design studio, fuseproject, is drawing up the interior at 102 Montgomery, per the report, with a café, kitchens and a members' gym planned across the floors. It is projected to open in spring 2027.

Until then the building keeps the face it has always shown the lawn — brick, three windows wide, quiet. The change is coming from inside, and it will show up on a schedule: someone crossing the Main Post in a year and a half will find the last dark building on the row finally lit.