I live there as well now.
> Is it baked into my (high) rent and apartments pay out?
Yep! The parks, the library, the sprout social, and all the public areas are a mixed ownership between the City, the landlords (UDR, Avalon, etc), UCSF, the State of California, and Union Pacific. Also, because a decent portion of Mission Bay is owned by UCSF and Union Pacific, CHP and DoT can technically lay state and federal charges overriding local government - which is why the very few homeless you see in Mission Bay squat around the library and the community center (it's definitively City of SF land).