The San Francisco Transbay development is a completed redevelopment plan for the neighborhood surrounding the Transbay Transit Center site, South of Market near the Financial District in San Francisco, California. The new transit center replaced the since-demolished San Francisco Transbay Terminal, and new skyscrapers, such as Salesforce Tower, took advantage of the height increases allowed through the San Francisco Transit Center District Plan. The sale of several land parcels formerly owned by the state and given to the managing Transbay Joint Powers Authority helped finance the construction of the transit center.