tv [untitled] June 30, 2015 8:30am-9:01am PDT
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were the main finding for the 4 prototypes the main take away that all of the scenarios the full community benefits package exceeded the amount our target so we the play with different alternatives to get within that range so for prototype a our body capture scenario under full bends was hundred and fyi percent we tested the affordability policies in order to inform what could be feasible prototype this is our 85 foot condo the body capture under the full benefits is 86 percent so when we tested our alternatives the affordable housing we found
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we can increase affordability for onsite from our 12 percent starting point to 23 percent we think this is probably on the upper end of what the project can faenlt feasible do and for alternatives two and three we added the infrastructure and jobs and found we can increase the affordability a perfect c one and two those are the prototypes the height increase for c one our capture amount is hundred and 53 and those prototypes are paying the fees for c one the prototype can achieve a level of 49 percent affordable and for all of the elements two and three we were able to increase affordability above existing conditions but not as much as community
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benefits. >> and finally for prototype c-4 our body capture was 94 percent and this prototype received a dramatic 4 hundred feet more value so our affordable housing was able to get 33 percent level oh excuse me. our full community benefits was that 2 percent but we actually in our alternative we allocated most of that value to housing we achieved a 38 percent affordability on alternative two and three we were able to achieve 35 and 49 percent affordability summing up you know when we asked for everything we found it definitely kind of exceeded the capacity of development for those costs so we had to scale back our asks
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by there are trade offs that are really necessary in order to make sure we can move forward and make sure the plan gets built i'll i'm going to turn it over to steve to talk about the next step. >> i want to thank you for the presentation if you can try to wrap up that would be helpful. >> yeah. >> so we can go back to the - >> so what we did we had to take those four prototypes we say are is several so here's the methodology it is in the memo the most for those are not actual proposals i probably said that before i started the conversation that is exemplar we trying to work within the nexus but other things those are all
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about the financial feasibility i know the development community is interested in the next two slides how do you do that we created tiers based on the capacity we gave you so we only gave you a little bit we were expecting to contribute less what's the specifically more we looked at again based on the 3 alternatives we said okay. if i maximize affordable housing we'll looked up u to they've period of time offsite if you try to maximize for jobs you'll do things like create you know require pdr space and new nonprofit office space part of pdr and focusing on infrastructure you'll put that money not into affordable housing but more towards
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transportation and environmental sustainability from the plan never passed and department can happen that is still about 6 thousand units based on downtown and each neighborhood we still get about $600 million in community benefits. >> from the plan passed but we didn't change the requirement we'll double to $1.2 billion but we'll still be leaving a lot of money on the table if we try to capture the value for the upcoming zoning and allow the development to happen you're up to $2 billion in community and benefits quickly go through what this means for example, we'll maximize we'll get to 38 unit in affordable housing and once you get that we'll get hundred
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million dollars above and beyond we we have today and childcare we'll have more is so that's the alternative maxed out one $.4 billion if you signed off on all this is what you get. >> today there's no requirement for constricting pdr space for example, the existing bar is for no central selma or selma plan with the requirements it is the pdr space if we focus our energy on new pdr space we'll get up to 3 hundred thoutsd square feet depending on - >> we've also have nonprofit everyone provides a second floor that is not justoffice space 3
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hundred thousand jobs of space community facilities if we implemented those contemplating we'll get $10 million and double the amount from the downtown programs we'll expend the downtown for the program to central selma we'll double the amount of what we need this is the alternatives to the job diversity when you add it. >> and if we move to the transportation infrastructure alternative without the plan you still get a lot of infrastructure dlvrz because the t s f and the melrose on transportation find another 4 hundred plus million dollars for transportation and streets another $60 million and environmental sustainability nearly up to $200 million we know that climatic change is happening we need to provide
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energy locally and, etc. the affordable housing the big topic is the percentage it is a different topic but is that the goal i want to balance the conversation with the maim of total unit if you think about the whole plan area get to 18 percent from the plan didn't pass 22 percent from the plan passes it creates money for affordable housing by not market rate units and if we maximized you'll get to 31 percent of affordable housing this is a on pawar with mission bay and hetch hetchy that have 123409 existing unit so we're balancing the 18 percent that had been built over the 6 thousand units just throughout again in terms of eastern neighborhood 35 percent of affordable housing and just focus phenomenon the
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sites that we're outing to the plan 31 percent affordable housing at the trial through the resources this is amazing and even though of we didn't have all the resources we'll have 26 or 28 to get to the 38 from the up zone and have a ton of community benefits for that the rest of the plan this slide is confusing we'll skip it (laughter) the important point here is that even though the vice president can't pay for all the benefits there's a lot of these those benefits the benefits loan didn't have to pay for it there are many other resources we agree that the federal and state are not great participants they
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contribute to the projects there are other resources next steps so what we need to do to quantify the demand for the public benefits for example we know how much money for the streets but how much space do we need and pdr money do we need we have to figure out that and we're to continue to identifying more resources for those but working with whoever knows more about that and most pawar importantly this is the start of the conversation but the job is to facilitate the community kinetics the trade offs and what is possible did we get the numbers right, etc. >> thank you. >> thank you to staff that was a very thorough and helpful
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conversation we open up for public comment any any public comment on this item? oh i have cards (calling names) if your ready to speak go ahead and line up on the screen side of the room. >> good afternoon. i'm anthony i'm with the national trust and the director in the field office in san francisco as referenced by commissioner moore the national trust announced being our annual most endischarged historic place threatened by negligent and incessant funds or insensitive public policy the old mint is actually the only building ever to appear since 1988 but it is in fact the
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second time we've listed the first time it was in 1994 it was closed by the us treasury department the inclusion in 2015 is a reflection of the historic sithsdz of the old mint but our concerns the old mint is at risk of being informational in the real estate boom one of the last monumental building it was the principle mint in the country in the wake of the old 1989s 1906 it served as a city depository for all emergency transactions today, the old mint is a symbol of the resilenced that is marked by rapid transformation but rather than serving as the illogical pin as the downtown
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civic center the old mint stands uninformational on the verge of an embarrassment it is part of a legacy of the economic climate and the staying city as the property owner needs to take a lead to lead the effort of the long aspiration to make it a designation for san franciscans and visitors alike the nexus to our conversation the agenda item to make sure the opportunity is to leverage the anticipated central selma plan and to benefit the old mint as a city owned building the old mint should be a significant beneficiary of melrose community facilities history fund the rebrirt is just beyond our grasp
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but time to stand up to the exchange and make sure that building that is a pivotal role didn't get kicked to the curve thank you very much. >> at the. >> next speaker. >> and good afternoon, commissioners my name is mike buehler executive director of san francisco heritage the organization that nominee the old mint for the non-endangered list as shown in the enar disregard list the midnight is the illustre but worthy projects in the country the central selma plan provides a once in the generation opportunity to leverage billion dollars of tax revenues for the benefit of the multiple in the city's cultural heritage as a city owned building the midnight mints will
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benefit from melrose district financing state law authorized the pubically owned building as long as their useful life exceeds 5 years it is one of the buildings that meets the requirement the most important factor for the melrose therefore as a city owned building the mint is vacant without a future list didn't disqualify it for ref the melrose precedes the facilities act quote worker deemed necessary to bring buildings including privately owned buildings to standards the prerequisite to reactive the mint the city needs the retrofit
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costs likely to exceed million dollars a few blocks away the chronicle this building curiosity the ritz carlton got 340i68dz even though it is privately owned in terms of other it is the increasing allocations for the mint parcel view the be considered for the 5 m project up to 4 hundred and 70 feet there is a limited pool of community fund under 9 central selma plan as a city owned building we feel that the mint should be definitely part find that conversation especially the significance in location within district boundary i'm pleased to share the concerns expressed by multi commissioner today
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our nomination to the 11 more endangered list is intended to make sure the city's cultural heritage are included in the city's culture thank you. >> thank you. >> good afternoon, supervisors my name is ann glen gel i'm with the south of market community action network i appreciate the update from staff we're were 86 4r50gd to having ongoing conversation that the department to insure that the selma family and seniors special use district is part of the plan the sud was passed in 2008 by the planning commission to support and insure for youth and families are part of the not only the conversation but also when we're thinking about building the neighborhood that both those things will benefit
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them in a positive way so i'm surprised it is not part of the actual decision or report today in addition, we're rile disappointed it the 5 m project was carved out of the central selma you know for us planning needs when we are looking at the whole neighborhood that everything should be part of that what's the point of having that decision when we're just going to let developers in their areas the community didn't always have capacity to go to every meeting we rely on big meetings like this and to have that full discussion and the 5 m we're not happy with that that would fees that are part of this plan lastly we look forward to being part of the decision with the
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staff in a culturally competent to discuss the community benefits but the draft eir to insure that the community mostly filipinos and growing population of the latinos is part of the conversation of not only the community benefits but the direction of the central selma is the way the neighborhood would like to see so we looked forward to talking about with steve more thank you. >> thank you. next speaker. >> hello, i'm donald i live and work here in the city of san francisco and vice president cindy wu and commissioners, thank you central selma plan i have to command both lisa and steve for their presentation and their
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pro-active reaching out to levels of the fabric the local community i'm i'm confident in a plan that is feasible and adorable with the 30ikz i housing crisis with the lack of affordable housing and all the also especially the traffic true the neighborhood needs to be thoroughly studying studied to accommodate the traffic needs for the next 20 years through this plan thank you. >> thank you. >> next speaker >> sue hester i'm glad to follow up on the gentleman's comments we've been going through planning studies for this area for 14 years it started in 2001 and went through 2014
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it is though the of any person(s) responsible for the ringing or use of a is trying to wear people down by having so many years of meetings and some many controllers that are not enforced the thing long term planning is not planning there is nothing available for the public to prepare for this meeting the things on the screen are nice but they're not given in advance and so we look to what has happened already and what was is happened the planning department doesn't moderate conversions zero people come in that are permit expediteers come to the creditor and changed the plans that they change to office space every every single building has an
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office they're using the seery office to change use so if would be motivation if they say how to admonishment the existing conversions and retroactive conversions they don't exist you don't get award posted on your wall for long term planning through enforcement no enforcement secondlyly what angelina is saying is true there are real people living in this area real people and mostly low income people it is evolved to more a of a trendy area because of the tech industry but the.com national characters have families
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wherever there is a real planning process it starts with that fact jobs and people so if we don't do any recapture of housing fees transit fees school fees, childcare fees that have already due but not assessed it is an area i hope the long term planning will start paying attention to the real world impacts of plans that are implemented because none follows them except for new construction i'll give you that to new construction thank you. >> thank you. is there any additional public comment. >> okay - one more - public comment is closed. commissioner antonini. >> thank you for an excellent report and an exciting report
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and i'll say whatever is ultimately improved where we've recaptured enforcement is an important part but looking at you know interests coming from the potential generation of additional revenue from recapture i think the top of my list will probably be the downtown rail extension obviously some of this would be already being funded in part and heard last week, we we talked the 5 m project a significant amount can come from that but the projection of $400 million for transportation hopefully can be more than that through the melrose district i think you're going to need more than that for the extension alone so transportation is important if we're going to adding housing and office we need to upgrade
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our transportation especially, when a lot of it already is existing with the central subway ended up in central selma but all the things that bring people to that subway or bring people in other directions also have to be made more efficient. >> the other thing that came to mind i may have missed interpreted the recapture was highest for office it seems to me and the other omgdz were less but it was the option 3 i think of the various housing options was the second but the highest was office so i know there are millions of secret that are in the preliminary pipeline for central selma i think this is going to bring up the prop m and perhaps
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capture for in return for more office to be built because you know it makes sense we have the investment of million dollars in the central subway and business district are are not at concentrated they exist in multiple parts thought is cities it makes sense some of the businesses district should be there and it doesn't hurt to recapture other thing i thought was quite good about the report an excellent report it shows the projects add value even under our present conditions and the things we've presently required there's addressed value coming by the nature of the projects that's the direct amazes the city gets from all it's projects
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but there's a lot of indirect value that is added we often hear about impacts and only the negative none ever comes up and talks about how property values are increased and crime down everything is much more pleasant and you know more activity and the jobs the - they usually talk about the things they don't lining like this is going to have many benefits that's the main thing i'll weigh in the historic part the top of any list was the historic and all of these are very noble goals and it looks like we can recapture by using your projections up to $2 million but certainly and can reach a goal of probably a 33 percent
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affordable in the area as a whole those are very good things i'm very happy with the direction it is going and look forward to participating as we go forward. >> commissioner richards. >> yes. sir. >> thank you so could i refresh my memory so here we have an area that is zoned six or seven years ago under the eastern neighborhood and we're looking at it again, the genus. >> the rezoning well, there are two porgdz we're rezoning for the most part eastern neighborhoods was unreasonably large plan area when we talked about the mission and potrero and selma and the
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projects to do that fine scale zoning controls was really hard especially we that to protect the district there were a lot of things that were brand new for the eastern neighborhoods we got to i'd like to say 2008 to come to the commission and initiate the areas we were talking about the zoned s r l from south of harrison which didn't allow office or housing we weren't people were saying leave it as is and others you're missing a huge opportunity so as transportation we're putting it $2 billion and it is probably one billion dollars back then whatever and there's you know a
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lot of capacity there what - why you zoning i think it was 85 feet maybe a housing district during that time we removed that portion second half of the conversation is the portion of western selma that was part of the western selma plan and rezoned to sally district it is the same thing as s r i no jobs and bigger investments like the flower mart and the tennis club and the obama old oracle so during the werment your rezoning it we recognize this portion will be rezoned as part of central selma
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