tv [untitled] February 26, 2011 10:00pm-10:30pm PST
10:00 pm
smaller footprint that things have evolved. their challenge, how do we make this the next media technology campus and involve where the markets are going? we took a different approach to 5m, and did user research process and used some and ecological study around innovation. what makes san francisco unique in how it provides for an innovative environment, both culturally and also in terms of the amount of start-ups that come out of san francisco, why that is happening -- large companies in the ,too, and understanding the dynamics behind that. that helped us to place tenants into the next generation in how you think about the innovation campus. we use the existing states in a founder of the economy to populate the vacant buildings with those tenants. it was incredibly successful from a market perspective, from a community building perspective, showed our ability to partner with much smaller organizations that grow program
10:01 pm
and communities in different ways, including standards is good digital film school, intersection for the arts, and others, which it all has a feeling of all entrepreneurialship, making it to the center. it surprised us the amount of demand coming from it. we were approached by many larger companies saying, how can i look it there? we could not fulfil the demand so we started to crack down on how we think we could in the bay area. how we look at pier 70. clearly, pier 70 does not want to be a google office park located in the city. that is not the highest value of it. we know the highest value for companies is their ability to be interdisciplinary, intersect with one another, for a gaming company to be next to a biotech company to share that knowledge. that is what is great about this city. when we look at what pier 70 is
10:02 pm
and what has happened already, the history of muni, in this area, it is clear this is a phenomenal center point of that, which is what we want to advance and worker with the port as your partner. so going forward, is really the representation of the steps forward of how we think of a place as a place in the evolution, in context. we clearly have incredibly deep history that we can draw upon for all the issues that we are confronted with at this site. this is all about how we can create a partnership that will maximize the value, financially, culturally, and socially, and creates a place that is magnetic to the people that live around it, about creating creativity, an understanding with the new industry is. and as a magnet also, as a
10:03 pm
follow on for the larger tenants who need to learn how to innovate, to learn to be around this environment, and to need to be around this in mind to succeed. thank you for your time. >> mission bay development group is next. >> president, commissioners, executive director, thank you for the opportunity to present our qualifications for working on pier 70. i am the managing principal with mission bay development group, the master developer for mission bay, the 303-acre redevelopment north of pier 70.
10:04 pm
we are a certified lbe and we are the lead of the development team. we are working in partnership with our prep -- capital partner, cherokee. they are a private equity investment firm that manages multiple realistic private equity funds and focuses on brownfield redevelopment and specializes in redevelopment. we have built a core team of advisers that is kicked off with perkins and will. you have come across them before in much of your dealings, including with the building we are in today, and specific to our experience, and their principles helped create a master plan and design guidelines for mission bay. hargreaves and associates. landscape architecture and open space is a key ingredient to what the public experiences of what is going to be billed at pier 70. we have experience with them, we
10:05 pm
are building a water park just north of pier 70. finally, a famous san francisco bay construction firm focused on historic rehabilitation and buildings along the port's ownership, along with buildings in the mission bay area. so you hear a consistent theme, mission bay. what is important here is we are not just a san francisco firm. we are a local, local firm. we have a commitment to the central waterfront. each of our members is invested in this part of the city. four of us are all of the waterfront, three of us are headquartered. this is a longstanding commitment that existed far before sales force came along and make a big splash. it is a belief that we have had for a long time, and we voted with our feed and investment dollars. we have been waiting for the opportunity to see the next that
10:06 pm
take place, which is pier 70, and we are excited about it, and we want to be your partner. this is the opportunity we believe would come for a long time. that is what you want to work on pier 70. i can sit here and try to summarize a detailed rfq where our design team came up with an amazing plan, but the reality is, that groundwork was already late for us by the park commission. the community as well. they work together for a long time to envision what the site should be about. instead of spending my time telling you our refinements to that, i want to talk about what is different about our part -- approach. we are a master developer. we coordinate these large-scale data to projects, entitlement, planning, infrastructure development, and then both build out and selection of other developers to help execute and make the project happen. what that has is a multiple of
10:07 pm
it -- multitude of advantages. when you have a master developer engaged, you get a diversification. it is not just us building buildings. it is other developers building as well. each of them brings their resources in terms of private investment, multiple private investors. it brings their contacts in terms of tenants and users. so you bring all that to bear, and that is why you see what is happening at mission bay happen, because we are not being selfish about it. we do not have to be the only builder there. probably better yet, a variety of specialists, each in a special building type, building out these projects. that is what will be the most ever source of revenue for the port. but the reality is, those buildings are not actually what the community experiences. what the community experiences is the experience of the place itself. as a master developer, by handing off some of the vertical development task, we
10:08 pm
spend more time focusing on what that experience is about, what are the connections on the sidewalks, streets, bike paths come out to the amazing open space? how you integrate them back into the community? we get that what development is about, from the city's standpoint, community's standpoint, is what you experience on the ground floor level. our attention is freedom to make sure those community benefits exist, and the experience that you have at pier 70 is a special place. we also get we are in a partnership. that means the benefits, economic, resource-wise, need to be experienced at every stage of development. they cannot just be about what we make at each stage of the development. the question needs to be, what backbone is in place to help support the rest of pier 70
10:09 pm
development? we want to be a part of that development, as a master planner, to help make sure that what gets done at the waterfront site is complementary and additive to what has happened. we also want to make sure that there is real, tangible benefit to the port. the economic deal that gets cut here is one that generates the highest level of revenue. which means you can bring in developers at a later stage of development. you work with a master planner like us, and then cut individual deals with the developers. that is upside that can be delivered by teaming with a master developer. one of the biggest community balance that exists is the generation and creation of jobs. with development, pier 70 used to be an incredible source of employment for the city. it can again become that, first
10:10 pm
with construction jobs, and as an lbe, we understand construction jobs reach out to the community. when we had mission bay, frankly, we had a horrible track record of getting engagement from local firms. we changed our entire contract in strategy to make sure that but there are opportunities for local firms, minority-owned firms, women-owned firms, and that strategy took us all the way up to 40%. and it is not just about the firm's, but who they are hiring. when san francisco residents do not have the opportunity to work, the full benefit is not experienced. at mission bay, we have gotten 85% participation in terms of women and minority-owned in plymouth, local hiring levels near 40%. the job generation does not stop just that construction. it also goes into the vertical development out here, and it is about getting the businesses
10:11 pm
that we have already been interfacing at mission bay, who are already circling, where can i relocate? bringing those relationships to bear on this development. but it is unique. it cannot be. it is a totally different place. part of what we bring to the table is financial strength. financial strength not just in our capital partner, cherokee, who manages $2 billion, and has millions available for these types of projects today, but about the financial strength of our team. i worked for 13 years in the investment and lending sector. i understand what it takes to bring capital to a project, how investors think. with that knowledge, we can figure out what are the areas we need to remove to help make the products succeed. we also have the experience of having done $270 million worth of public financing to help facilitate infrastructure,
10:12 pm
parks, and open space, and it is that understanding of the public market that will be critical to making pier 70 work. and finally, we have experience in soliciting state and federal funding. at the end of the day, to survive these economic cycles, you have to be able to tap into all sources. that is something we have done at mission bay. we get this is a long-term partnership. if you look at how long mission bay has been going on, we have been involved in the central waterfront effort from day one. you cannot lose interest. i recently heard sales force landed. this is an interesting project to jump on. this is something you have to be committed to. it is not always clear through the down cycle that things will work out. at the end of the day, that is what partners to. they commit for the project, they are there for the duration, they have experience with staff,
10:13 pm
over 10 years with the san francisco redevelopment agency, the city of alameda. these are the kinds of things that you look for in a partner. we can bring those experiences from mission bay to bear here. pier 70 is not mission bay. they both strive to deliver jobs, for open space for the public, but pier 70 has an incredibly rich historic fabric that needs to be celebrated. where the comparison is relevant is this. they are right next to each other. we have been here. we get it. this is what we can bring to bear. seven waterfront sites worth of experience. thank you. >> commissioners, i wanted to
10:14 pm
generally recap where we are. this is so exciting to have multiple responses to the solicitation. much more fun than the last one i did. the reason we are here is, we, the port, did what -- 16 commission hearings on the master plan, 60 community workshops. we did this master plan work where we essentially laid the table and in the hard choices of how many acres per ship repair, parks, what is for land, what our party historic buildings? we realize the right way to get a developer partner was to say, we want to do this, so why are you the right partner? why is your experience, your checkbook the one that can help us to this? that is what we have.
10:15 pm
the ranking and evaluation of the technical panel, with the financial capacity check is to test that, to see. we are not ready yet to talk about what the pier 70 will be in terms of an eir product description. we would choose this partner, negotiate an agreement, and over time, working with the community, commission's direction, refine those parts of it and create certainty for the developer, for the public, and get us to something that can be achieved and built. just a little bit about the historic building request of its end. we know it will take us probably until the end of the year to -- whoever we choose -- to get engaged. starting to look at the process of if there is somebody out there that would like to be in one of those buildings, breathe life into that. we can get that going in vain
10:16 pm
they can work with this developer and with the whole framework. we really want to accelerate the interest and investment in historic buildings. any questions? is there any public comment on this item? that is a first. i guess everybody did such a great job. >> i would just like to thank all of you for coming today. it is very affirming for all of us to have such an array of distinguished and experienced firms with your portfolio's express interest in this project. we look forward to working with some of you down the road. >> bilditto. >> we are fortunate to have all of you here wanting to work with the port. going forward, i am looking forward to our march 22 commission meeting to see where
10:17 pm
this all leads. so thank you very much. we appreciate you coming out. >> item 11. new business. >> is there any public comment on new business? >> item 12. public comment. >> is there any public comment? >> we have a motion to adjourn. >> second. >> all in favor? meeting adjourned at 4:00 0 p.m5 p.5 p.m.
10:19 pm
>> the next time you take a muni bus or train, there could be new technology that could make it easier to get to your destination. many are taking a position of next bus technology now in use around the city. updated at regular intervals from the comfort of their home or workplace. next bus uses satellite technology and advanced computer modeling to track buses and trains, estimating are bought stocks with a high degree of accuracy. the bus and train our arrival information can be accessed from your computer and even on your cellular phone or personal digital assistant. knowing their arrival time of the bus allows riders the choice of waiting for it or perhaps doing some shopping locally or getting a cup of coffee. it also gives a greater sense
10:20 pm
that they can count on you to get to their destination on time. the next bus our arrival information is also transmitted to bus shelters around the city equipped with the next bus sign. riders are updated strictly about arrival times. to make this information available, muni has tested push to talk buttons at trial shelters. rider when pushes the button, the text is displayed -- when a rider pushes the button. >> the success of these tests led to the expansion of the program to all stations on the light rail and is part of the new shelter contract, push to talk will be installed. check out the new technology making your right easier every day
10:21 pm
10:22 pm
address the commission on items of interest to the public battle within the subject matter jurisdiction of the commission. with respect to the agenda items, members of the public may address the commission for up to three minutes at the time such item is called. is there any public comment? seeing none, we will go to item number two. review and approve the minutes of february 8, so i believe we can now do that. no, we cannot. commissioner meko: i move to note continue that. clerk: same house, same call. president bunewlin: i number three, et your title is now
10:23 pm
executive/legislative policy updates. >> no. good evening, commissioners. sorry you are late. i wanted to make sure we were being recorded. so i do not have anything to report in terms of legislation. there is, as you know, the board is getting their sea legs, so there will be more as we go forward, and we will keep you informed. i wanted to update you on our summit. with the help of commissioners meko and perez, we have this set up. there is a flyer that commissioner perez put together,
10:24 pm
and it looks very good. we will work with the panel members, and its commissioner -- commissioner meko will help us with that, as well, and it is from about 6:00 p.m. to 9:00 p.m., and we are working with the sfpuc and the commander, who is our entertainment liaison, as well as inspector falzon. that is a good thing, and the neighborhood in power of network will co-presenter with us to make sure we have good participation with the neighbors who are involved with not like in any capacity. i wanted to refer, and at the end of the report, he will tell us about the entertainment
10:25 pm
liaison in training. i know that inspector falzon was here previously, talking about how they set up watches to make sure that they are aware of alcohol beverage control and how they are implemented in san francisco, as well as what we do, a little song and dance about the entertainment commission, and what they need when they are out in the st.. again, when i am done, i will have that person talk to you about what is on the docket. i would like to tell you guys about anything that is out of
10:26 pm
the ordinary that i get to do as director, so this month, i was asked to represent the commission as a chinese new year judge. that was fun for me. it was really cold and wet, and yet, it was so fun. we were in good company. the mayor was there, the grand marshal, the head of the recreation and parks department, the city administrator. we had a good cross-section of bureaucrats up their -- there. next month, i will be attending gay bar conference that takes place in vegas march 779, primarily to attend the sessions with the customer service and liability. they are trying to beef up the part of the conference that is not about what your next promotion should be about how to operate within the kind of
10:27 pm
milieu we deal with, so i think that will be a good experience. when i come back from that, i will let you know what i learned. the joint hearing with the youth commission lives on, as they came before you, as you might know, and asked for a joint hearing, so we have schedule that for march 22, which is literally one month from today. it will be at 7:30 in this room. a regular meeting will be held at the regular time. we have the permits out for the regular business, and hopefully, we will be able to do the regular business in approximately one hour, and we will hold a special order, if you will, and it will be around at 7:30 tie. we will do it in this room.
10:28 pm
we will ask you to shove over and make some room for some news commissioners on that day, and if any members need to leave for any particular reason, that is quite all right. it is not a mandatory meeting at all. i. attached an email that i received. regarding content, if you will. this is for reference. if you want to take a look at that earlier. the focus of that meeting is going to be that bill that fiona ma has introduced but has not moved on, so, obviously, we will be agendizing a more in-depth item, but if you are curious about what the content is, take a look at what is attached. i wanted to go ahead and start looking way into the future about our next industries summit, so, again, in april, we
10:29 pm
are hopeful to do what i think is our fourth industries summit in may, before memorial day, so any input from the commission for time frames in made at work or do not work for in the commissioner's better interested in being involved re-deposited in may that work or do not work -- time frames in may that work or do not work for the commissioner that are interested in being involved. rincon, in response to continue to permit violations, this one on 16th street, there was another seven-day suspension. more like a five-day suspension,
63 Views
IN COLLECTIONS
SFGTV: San Francisco Government Television Television Archive Television Archive News Search ServiceUploaded by TV Archive on