The gift, offered by cryptocurrency company Ripple Labs and valued at $5.5 million, extends the department's sublease at 315 Montgomery St. through March 31, 2032, with an option for either party to terminate the agreement in 2030. The resolution is co-sponsored by Supervisors Matt Dorsey and Rafael Mandelman and must pass the Budget and Finance Committee before reaching the full Board of Supervisors for a final vote. It is expected to pass.

Ripple founder Chris Larsen, a prominent backer of police technology, told reporters the longer extension was made "for planning purposes." Larsen funded a sprawling network of cameras across San Francisco and bankrolled a 2024 ballot measure that eased regulation of surveillance. He and Ripple initially gifted the department 14,759 square feet of office space in 2025, a donation valued at roughly $2 million at the time.

The Real Time Investigation Center has been operating from the Ripple-owned space for a year and a half. According to police spokesperson Evan Sernoffsky, the unit has contributed to at least 1,700 arrests. The resolution notes the center "has been successful in preventing numerous police pursuits by following suspects at a distance and making strategic arrests that reduce risks to the public."

"SFPD's Real Time Investigation Center has been a crucial resource in helping fight crime in San Francisco," Sernoffsky said. "We look forward to continuing our important public safety work with this generous support."

Larsen described the center as an "incredible resource" for public safety and for the city's turnaround.

The initial sublease was intended to be temporary until the department found a permanent location, according to then-Police Chief Bill Scott. The new arrangement locks in the donated space for years to come, with rent calculated at just over $1 million annually.

The surveillance technology operated by the unit has drawn pushback from privacy advocates. Flock license plate readers in particular have been a contentious issue this election cycle, despite support from the city's Democratic establishment. Lurie and the SFPD recently advanced new policies on Flock cameras and drones in an attempt to address privacy concerns.

The original gift of office space came alongside a $7.4 million donation to the SFPD from the San Francisco Police Community Foundation, which Larsen founded, for the expansion of the department's drone-as-first-responder program.

The proposal now heads to the Budget and Finance Committee before the full Board of Supervisors.