KPIX CBS 5 Eyewitness News At 5PM January 1, 2011
i think the possibilities are really quite, you know, profound. >> reporter: the race isn't scheduled until 2013. so there's a little bit of time to do all that work down here along the waterfront. but quite a spectacular announcement. and some spectacular pictures, wouldn't you say, robert? the futuristic looking there? the venues look fantastic. >> absolutely. a much-needed economic boost. simon perez in san francisco, simon, thank you. thousands of people are expected to ring in the new year along the embarcadero tonight. but there's still a lot of work to do before the countdow...