Take a walk down Jefferson Street in Fisherman’s Wharf, and you’ll see a neighborhood in flux. On one side of the pavement sits the past: kitschy souvenir shops flanking the boarded-up entrance of Castagnola’s, a century-old seafood staple that has been closed since March 2020. On the other side sits the future: the shiny new Taco Bell Cantina, flashy LED video boards and an entire block of newly renovated empty storefronts.

Once buoyed only by the gravitational pull of In-N-Out, the shopping center formerly known as Anchorage Square and recently renamed Anchor’s Landing will soon become its own food and entertainment destination. Tenderloin banh mi legend Saigon Sandwich, local boba chain Little Sweet and a karaoke lounge called Space Karaoke are all set to open in the shopping center, as first reported by the San Francisco Business Times.

“I think the big emphasis for us is to have a retail mix that is a better representation of San Francisco,” said Graham Grealish, vice president of CBRE, the leasing partner to Anchor’s Landing owner BH Properties. “... We saw an opportunity to bring in some great local tenants that you might find walking some of the best neighborhoods in San Francisco.”

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A view of Anchor’s Landing in Fisherman’s Wharf in San Francisco on May 18, 2026.

A customer eats an In-N-Out burger at Anchor’s Landing in Fisherman’s Wharf in San Francisco on May 18, 2026.

In-N-Out Burger customers sit at picnic tables in the courtyard at Anchor’s Landing shopping center at Fisherman’s Wharf in San Francisco on May 18, 2026.

Known for its $5.50 banh mi, Saigon Sandwich is taking over a former Subway, and will add soju cocktails to its menu, the Business Times reported. While SFGATE could not reach Saigon Sandwich for comment, Grealish said they are expecting the new location to bring more locals to the Wharf, due to its loyal following.

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“It’s not lost on us that most locals still think of Fishermen’s Wharf as being more popular with visitors,” he said. “So, we would love for more locals to come.” 

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