New Accusations Against Stephen Curry’s Company Emerge As Major Warning Hurts Dream Project

4 min read

Stephen Curry is a visionary. His heart beats beyond basketball, particularly for San Francisco, where he wants to settle down after retirement. No big city moves, no New York, and no LA. The baby-faced assassin wants to be where his journey to greatness began. Maybe he’s attempting to bring the struggling city back to its grooves? But sadly, Stephen Curry has reportedly scrapped the Thirty Ink HQ project, tossing whatever plans existed straight into the trash.

In a jarring turn, Stephen Curry’s company abruptly pulled the plug on its Dogpatch development, citing union demands as the dealbreaker. A curt email marked “Urgent–Thirty Ink HQ Canceled” blamed Local 22 of the Nor Cal Carpenters Union for derailing the project. Meanwhile, as blame flies, local leaders have pivoted.

The San Francisco Standard dived deeper into the matter to understand what went downhill for the project. They reported: “In the email, Thirty Ink stated that it had no obligation to utilize union labor but was doing so out of generosity. It accused Local 22 of turning down a deal that would have utilized a 40% union workforce, making it ‘untenable’ to build the project in San Francisco.”

Mar 1, 2025; Philadelphia, Pennsylvania, USA; Golden State Warriors guard Stephen Curry (30) looks on against the Philadelphia 76ers during the second quarter at Wells Fargo Center. Mandatory Credit: Bill Streicher-Imagn Images

For months, the Warriors‘ policy advisors quietly guided talks as Thirty Ink and the carpenters’ union negotiated directly. But just as negotiations reached a boiling point in March, the mood turned. Protesters appeared outside Thirty Ink’s SoMa office, armed with leaflets targeting Curry and the project. Soon after, the deal collapsed. Coincidence—or calculated pressure? Thus, in the aftermath, a high-powered coalition—featuring Mayor Daniel Lurie, the Warriors, and key local developers—rushed to salvage the shattered deal. Though sudden, the collapse ended months of tension between new city players and powerful labor forces.

As frustration mounted, Dogpatch Business Association’s Adam Gould warned, “The rejection of [Thirty Ink’s] offer has not only led to the loss of a high-profile project but also perpetuates the perception that San Francisco is inhospitable to business investment.” Meanwhile, a spokesperson for  Local 22 declined to make Jacob Adiarte available for an interview. On another occasion, an anonymous political consultant said, “He does not f— around. He’s made things tough for us, but you have to respect that he gets results.”

Meanwhile, Stephen Curry‘s company called out several personalities in the light of the cancellation episode. The list also included Jacob Adiarte, director of organizing for the carpenters’ union. According to sources, Adiarte oversaw the pressure campaign. And thus, more drama unfolded in layers.

Stephen Curry’s bold vision meets an odd end amidst safety issues

In March, just after NBA All-Star weekend, Stephen Curry revealed plans for his Thirty Ink HQ at 600 20th St., a site he bought for $8.5 million. Curry, who oversees eight companies, aimed to create a five-story building. It would include offices, labs, and art spaces. The ground floor would feature a rotating public exhibit, while the rooftop would host private events. However, the project quickly collapsed—some blame the SoMa protests.

The union’s aggressive tactics sparked frustration within Thirty Ink, especially among negotiators like Suresh Singh and COO Tiffany Williams. They raised concerns about office security, given Curry’s fame and the company’s largely female staff. Additionally, they viewed the public pressure campaign as overblown for a project of this scale, according to sources close to the negotiations. The clash began with Curry’s Thirty Ink’s pick—Achill Beg Construction—as general contractor. The union took issue with the firm’s alleged pushback against fully unionized subcontractors.

Talks had started last summer, just after Steph Curry’s team bought the site. But in San Francisco, private projects like this rarely require union labor—unless public funds are involved. And, since the fallout, Steph’s camp hasn’t budged. But in a rare shift, the usually unyielding carpenters have cracked the door open for talks.

As you can guess, Stephen Curry’s dream to reshape San Francisco met a wall of resistance. What began as a bold, personal investment spiraled into a public clash of power and principles. Now, with tensions simmering and the project on pause, the city waits—caught between ambition and gridlock.

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