Subapplication approved this year. We want to make sure there is population builtup on the island in order to make this area a success. That leads to a schedule question. When is this coming online . Most of that is in the third subphase that was approved. We are in permitting. We will Start Construction next year. When you map this out because of the length of the geotech any cal program we are not until 2025 at earliest. We have time until we talk to potential tenants. Now is the time for that conversation to see if any adjustments in the plan are warranted. We have a retail plan for the whole island. We are maybe a quarter built out, then transitioning. We want to think about in earnest what is going to be there day one. We have a check ken and egg problem chicken and egg problem. This will be well before traditional retail is viable. We are working on strategies along those lines. Our solution to this challenge, this is phase zero, what will be there day one when the first residents move to the west side of the island . It revolves around adaptable spaces that can prefigure what is going to come in the we think that is important, an important element of the activation strategy. A little bit about the corelments of the plan. I think we want to make sure we are engaging with the businesses on the island right now. We want to make sure those businesses like the winner res can survive construction. There are open trenches and a lot of activity around, especially the Southern Area when we get to the next phase of infrastructure. We want these guys to have a place to have the public facing use during the construction phase. We have an interest to retain the culture on the island right now to make sure it survives to the ultimate build out as the build out progresses. We worked with Marketing Consultant to come up with highest priority uses for day one when people move in the buildings. We came up with a list. We want urgent care, medical care as an important one to try to solve initially as well, restaurants rose to the top of the list. Secondarily we have another list of desirables nice to have that are listed here. We could all sit down and brainstorm this list but this gives an idea of priorities of who might be here on day one to help activate the island. Now into the strategies for phase zero. I think first and foremost we are Building FourNew Buildings that are going to come on line in a couple of years, the buildings presented last year. There are a couple retail spaces on the ground floor. We want to prioritize the leasing to the highest priority needs on the previous list. Next, and i think an important element to tie this altogether is some sort of a curated flexible social space that can meet retail needs but also give some Community Identity to the new neighborhood. A couple of the pictures here are a great example in mission bay called sparks social, and it has a pretty nice story to it. This is located on what was to be part of a park system. Again, before the retail street of mission bay was developed on Fourth Street and it was meant to serve this function. It became so popular when fourth was built out and retail started populating it was time to replays with a park. Residents said timeout we really like this central space we have grown to love. They delayed a stretch of public park to keep this use because it was popular and successful. This provides a good inspiration to how to bring this activation early on to Treasure Island. Here are a few more images. I think this is important in creating an early identity to get neighbors to become a community functioning in a way as temporary version of main street coming later down the road. A few more minor themes that we are thinking about as we approach this. We are definitely going to see an uptick in visitation to the island. There is a ton of interest. With Ferry Service and new parks we will get folks coming to check it out. Not just to look at a condo or rental unit but just to visit the island. We want to leverage that. The key is renovation of the building. This will probably be the first of the existing buildings that we tackle. We think it is a beautiful little spot. There is a new stair to the beach on the cove, and really a great first opportunity to bring an Old Buildings back to life and activate it with probably restaurant use with a great Little Meadow overlooking the water. Furthering this, i think we want to expand on the visitation potential by having targeted events and bringing events more to the picture when we have the parks completed and it is appropriate for it. Probably i would imagine this is the subject of another discussion down the road how we approach that. Finally, and this is further down the road when the retail block is coming closer to completion, i think we want to look more at office. We have office space allowed in the plan. We have heard interest about office use, and we think the images here depict use within the hanger building inside or outside. Adjacent to that center is a great place to activate with office use to help that retail block survive if we can get daytime presence during the weekdays. That is kind of a description where we are now. This is our thinking at the moment and we do want feedback and advice to guide us as we go forward. This is a recurring topic and we will be going back to speak in the formal venue and happy to engage otherwise as well with the board. Thank you for the presentation. I am going to recognize commissioner chen to ask questions. We need to bring you back because your plan is great, but we also have some suggestions, ideas and input to put there. For the various uses for me, and i am sure for most of the commissioners here. We like to look at the architecture. That is going to be very, very important. The locations of all of these things proposed and the capacity. The capacity is going to be something that we look at because all over San Francisco now in the center a lot of development of plans, and i am looking at retail and some of them we have to make sure that we can watch big events and those kind of things are part of this plan, also. Lastly, your office. You need to bring that back. There are all kinds of things in the city right now. We would like to look at your plans to grandfather our office plan before this other initiatives convey what we are doing here. Believe me you will hear about that. Commissioner chen. Thank you for this report. This is the first time that i think tida has heard about your vision and the plan that you have for retail. He really appreciate it. I am encouraged that you have been thinking about it and giving it great thought. Thank you for that. Let me i have comments and questions. The first is that i understand that you are concentrating the retail along the southern part of the island, which you have outlined in red. My question is about the ground floor uses in the residential area of the island. We had a presentation at the board a couple weeks ago where we saw the residential buildings. It was not clear how the ground floor spaces will be used. Are they lobbies and private pre space or a mix of uses along that area . You said that there is a mixed use zoning for the southern end, but, in fact, is there the ability to do ground floor uses, retail, commercial, flexible use, but something other than residential. Thanks for the question. The first four buildings that were presented last week, two have traditional ground floor commercial spaces. One has the livework design with level entries off the shared public way to serve as expansion of retail zone or also house micro businesses. Those first two buildings that face to the cultural park have about 3500 square feet, i believe of traditional commercial space. The other two currently do not. They have public coffee bar bike room activities adjacent to lobbies but not traditional retail. It is only the first four buildings presented in detail. There are four or five others. When you add up all of the ground floor commercial in all buildings i think it totals a little over 12,000 square feet. How many residents will be in the residential buildings that first floor blocks that you are developing once it is all built . I believe the first four total about 800 units. I might be a little bit off on that. You know, 1500 to 2000 residents. So i would just encourage you to look at those types of uses that could go into those ground floor years certainly for 1200 residents at least, more than one cafe probably is needed. You know, the liveworkspace is great space where it can be flexible and can become in future years. We dont know how retail the future of retail is going to be, it changes. To have that flexible space that could be used for small entrepreneurs for the public, i think that is something to be encouraged. I am glad you are looking at this possibility. I think you should look at other places for gathering, such as cafes or small restaurants instead of just concentrating on the retail corridor, which i see as being more open to a lot of visitors who are coming on a daily basis. For residents themselves having more active street level uses would be helpful. It would also help the vibrancy of that area so that it is not just a dead zone for residential but a whole mix of uses. We would like to see that. Actually we would like for you to come back and give us more of the character of the interface between the residential buildings and the street. I am glad to see that you are thinking about the existing businesses that are on the island, and you are right, there is an island vibe and culture there that has grown up over many years. How will you preserve that vibe and culture . So often when a new Development Comes in with the new architecture, and also the rents that have to be charged for buildingna new architecture, new space, some of that older more flexible a little more bohemian uses is part of the character and charm of the island. How would you preserve that vibe and curl turand expand on it . I dont have a complete answer. The Historic Buildings give us an opportunity to bring space at lower cost than new construction space. Some of those things would be viable in that configuration. That is why we are looking at the flexible structures to also allow a lower cost of bringing it available for people. We want to be careful and make sure that, you know, when we engage with brokers or people like that that they have a sensitivity to this, not just talking to chain folks, national retailers, but have ability to go facetoface and doortodoor. There is an element of duration. I am glad you recognize that. Duration is important and having those policies and thinking ahead of time. Otherwise, i think the natural thing to do, especially if you are a developer is to get the wall street for the at thenant. Then you get wall greens and cvss. Right across from each other. You destroy that sense of neighborhood. Part of that is the type of spaces you create for retail. I would encourage you to look at where it is appropriate for smaller spaces where smaller entrepreneurs can come, rather than the large retail spaces that are often on the ground floor of residential buildings. I definitely agree with that. We are not to the point with architecture yet. We will make sure that it is divided into small spaces appropriate. That is the tend. Smaller and smaller footprints to make sure they work in the small area and are usable with access and loading. That becomes more consult with a Smaller Division of space. The Neighborhood Retail Services which you listed, that seems to me the child care, drycleans, those are the sorts of things that could be in the residential zone, i think, serving the residents as well. That is something to look at. The flexible phase is such a great idea to have that social space and start programming events on Treasure Island. It is going to be so long before everything is built out and so to have that ability. We look forward to seeing those ideas developed as to where those interim spaces can happen for impromptu events. Then for your opportunity for businessdriven businesses. Bicycle rental and store rage is going to be a big item for the island. If you seesa you see like saw s. We are buildings so many wonderful bike paths. The storage of those rentals is a big thing as to where you store it, how accessible it is to the ferry and people getting off the ferry. I didnt mention it. That is in the plan there will be bicycle rental at the hub in front of building one adjacent to the ferry. That is part of the plan. I agree that you are selling the office uses to increase the week day activity. I think that if you can have, again, offices that are available to smaller like the creative industries, architects, graphic designers, that would certainly increase the type of culture vibe that would be on the island. I am glad you are looking at that. Thank you for this report and we look forward to hearing more about the retail plan. Commissioner lai. You said a lot of keywords. That adds to the texture to the community and this is something that is really important to many of us on the board. I am curious about your process how you establish your current retail program. You are working with marketing folks. Have you also worked with Retail Consultant . How are you gathering information on what would be the future balance mix of retail . That list was generated from a marketing, condo marketing perspective. What are people going to ask the sales agent about the community when they come up to buy a unit. We are also engaging with a couple of different interesting Retail Consultants. We havent selected one yet. We hope to have one on board soon and be able to take that forward before the next conversation. We are approaching it, also, from that retail consulting, not traditional broker to bridge that. To work at the right level around these issues. That is good. That does, thank you. It gives me an idea where you are in the retail planning. Maybe just as remainder to also make sure you do touch base with the mayors offices of the neighborhoods, program which is under oewdn. I think they will have a lot of advice to add. Obviously, they are usually dealing with existing neighborhoods and communities in how they can help those neighborhoods. This is a unique situation where we build up a new neighborhood. There are a lot of important lessons there. From my experience on the private side and also as planner, i think there is a important distinction between destination retail and neighborhoods serving retail. From your presentation it makes sense. The areas highlighted in pink is appropriate. Keep in mind that doesnt mean just because you have a robust destination retail plan that it would serve the local community, and i think that echoes some of the directors comments around focusing on the ground floor retail and the first floor apartment buildings and what we are doing there. That is where the neighborhood serving retail needs to be. I am sure you are aware of this as an asset manager as well, but the way you approach operations and management of descontinue nation retail versus neighborhoods is very, very different. We need to be cognizant of that and not overpower and mistaken some of the neighborhoods surveying retail opportunities as destination. I believe in having some tenants such as walgreens and cvs. I think it is an Important Service to have and when designed appropriately it can be very complimentary part of the community. Although i support Small Businesses, of course, in a completely new community, it is sometimes you do need that platform that is already well established and systematic and can deliver a lot of variety of services in one shop so personally i would say, you know, you should consider that as well. I think the comment you made about how retail is moving towards smaller spaces and how the space is interesting, i have also seen in certain neighborhoods where because of certain land use regulations requiring the smaller retail spaces, yes, it does encourage Small Business opportunities, but there are challenges with that as well because in a given block you can only have so many little coffee shops, and they usually lend themselves to lay dime use only. I think it is important to plan for both daytime and evening time uses so the streets are not just quiet at night or in the morning. In terms of having only small retail spaces it would be challenging to accommodate certainness support of retail or commercial activities such as groceries and even child care. Those are usually more large format basis. I am curious where you think the grocery opportunities are because i think most Grocery Stores that i think of are at least 12, 20,000 square feet. Your retail spaces in the community right now are 1500 square feet at the ground floor. Where can we create an opportunity for a Grocery Store . That is really important for the future of the island . Again, the smaller configuration would be for a few years until building two is built out. We want to prioritize one of the smaller bases, 2000, 2500 square feet for grocery, general store type use. One of the images is that the rinkon market is a similar story. That was an area that was all office but becoming more residential. I believe that market there was subsidized back in the day. That is a very small configuration. It really did serve that function for the neighborhood providing a wide variety of goods. It is crowded in there. It has a pretty interesting variety of prepared food as well and kind of thrived off the lunch trade. It was able to survive during the era when Residential Construction was coming now standing on its own. That is a model and there are others out there for how this could function. It is for a few years until our traditional sized grocer can open in building two a little down the road and that can transition to something else. How big is the space in building two again . I believe it is 15 to 20,000 feet. Building two is i believe about 70,000 square feet, but the thought was that the anchor Grocery Store could occupy as much as 30 to 40 of that space as the anchor. I believe the overall vision is that hanger two is really food focused. It has a venue. What about child care . I am glad to see that at the top of your desired