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SFGTV Mayors Press Availability July 12, 2024

Feet of rentable office. The retail, restaurant component is 331,000 scare feet. And then of the 2. 3 acres on the seawall lot, there are 610,000 square feet of residential. If you skip below the square foot met risk ricks metrics, you see other ways. The deep water berth. 643 market rate units on the seawall lot. 57 inclusionary affordable units mixed in with the development. And then a separate building that is 100 affordable bringing the total to 850 units. I told you that we met with the Northern Advisory Committee and the maritime Advisory Committee last week. It was a real hustle to get the recommendations on september 8, turned around and wrapped up for presentation on the 16 and 17. Another bit of good work to get this to you, but we think its really important to keep the conversation warm and highlight the points at these meetings, because we know yo ....

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SFGTV Transbay Joint Powers Authority July 12, 2024

Mr. Secretary, please call the roll. [laughter]. Thank you, madame chair. Prior to calling roll, i would like to note that julie chang is sitting in as director. With that i will now proceed to call roll. Directors, please respond when i call your name. Chang present. E. Forbes present. M. Hursh present. B. Lipkin present. J. Tumlin present. Vice chair gee present. Chair sesay present. Secretary directors, we have a quorum. Chair sesay and secretary, if i may just a point of clarification, this is a regular meeting, not a special meeting, just a point of clarification for the record. Chair sesay thank you, i appreciate that. Secretary thank you. Directors, the next item, item 3, is communications. Wed like to provide further instructions for the Public Comment process. To provide Public Comment, callers should dial into the published number, 18552826330, and enter access code ....

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SFGTV Government Access Programming July 13, 2024

And i want to tell you that what were seeing right now is not a cycle change. Its a structural change, and i am sure you are aware and seen the retailers and the retailers are shrinking the footprint and it is not the Large Department stores but even tenants that used to be 5,000 feet are shrinking to 1,000 feet and trying to deal with how to market the goods online and cross market both aspects. It has had a very structural change and quite frankly t vacancy rate at union square is the lowest that i have seen in 25 excuse me t highest in 25 years of business in union square. This there is, as we all know, a lot of vacancies that are happening. Barneys is going to close, forever 21 is closing, Williams Sonoma and the multifloor retailers are going out of business and those are the only ones that can occupy the upper floors. They are just not there. We have been marketing 1 ....

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SFGTV Government Access Programming July 13, 2024

From 220 post. The likelihood that a Retail Business would want a stand alone third Floor Office Space that is accessible from an alley that provides minimal foot traffic, marginal street visibility and has some Security Issues is in our opinion simply less than minuscule. On the overhead, i want to post one more image which is looking at the alley from grant street and if you see the orange box, that is where the third floor business is. Pretty tough to see. Pretty unvisible. So with all that said, nothing prevents the third floor and the upper floors being turned back into retail if at some future point that becomes viable. Project does not include any physical changes that would preclude that, so i am going to let the project sponsor speak about the actual efforts to lease this building, but before i go, in your ....

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SFGTV Government Access Programming July 13, 2024

Any other Public Comment on this item . Okay. With that, Public Comment is closed. Commission koppel. Its a thrill to see city kids opening up businesses in the city. Supported by other city kids. [applause] theres no clapping. I know everybodys happy but [laughter] also incredibly impressed with the outreach the project sponsor did with united save the mission, hence them being here supporting. And also the conditions they did agree to, we really hold in high value. So i really appreciate the project sponsor working diligently with the community. I really respect that the sponsor has Prior Experience working in the neighborhood. Obviously very overwhelming neighborhood support, filling in a vacant storefront. The nearby businesses are going to get busier. Theres going to be more people. People are going to be happier. ....

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