are adjourned. >>[gavel] thank you.

>> thank you wow. per very well-behaved crowd i'm rob the executive kilroy reality pounl to welcome you to the groundbreaking you'll hear of folks talking about why this is trend setting and the changes to inform i've been blessed to be able to introduce mayor ed lee in the past i keep on trying to improve by the way, i know that trains go by we'll take breaks my promise to introduce mayor ed lee in the past and think of new intentions to say what demonstrate the changes to the city but he keeps ahead of us one of the key elements from

day one when we became mayor the 17 point job plan you'll hear about one hundred uber the tenants we're going after and the partnership with the city of san francisco is a key cornerstone so i'd like to i'm going to turn it over to mayor ed lee and mayor ed lee. >> (clapping.) >> thank you rob good afternoon, everyone is xooeft to be in city and county of san francisco any negotiating today, i get the pleasure of joining john kilroy and the group for more exciting news every time they do something in the city the implementation of imagination that people have yet to be able to comprehensive and today just imagine that we have a private sector developer who's willing to pay for, to create,

manufacturing space that will be affordable and blaefr and maintain that characteristic we call is pdr none in the city understands pdr when i say manufacturing i'm proud my staff told me i have to wear a tie that is made mustards and designed in san francisco then you know what it's all about because as and go around telling people and johnny and so many others and kate and so many others why we're so proud of made in san francisco prostitutes we have to actually make them in san francisco someone can't put a label they'll be meeting with the patent lawyers we want things to be really made and designed 0 we want to bring to your attention when they have that label it is

world renowned i have visitors from china tell me where to go to buy san francisco made products if they wouldn't return without them the quality in their hands and be able to buy and purchase whether caring erratics or wine or chocolates or ties they're proud to have that and we are proud as a city to more than protect they were not just protecting manufacturing space we're actually creating it creating it in ways in this they'll are part of the fabric the makers movement told us we're proud of label and the people the artists and the designers and people that come together and use that space the manufacturing i'm talking about the spaces we look around this area we see a lot of

empty warehouses pdr space is not about empty warehouses. >> enlightened places people are making things and manufacturing things and while we're no longer having the silver melting pounded sword like game of thrones kind of manufacturing but thing that are advanced manufacturing like circa we visited why where the computers are on the line and all the people that the former garment workers are there seeing the accuracy of they're selling and online and then manufacturing selling to the rest of the world we're creating the opportunity to accept intentions to the entire world and it begins that the imagination that i know that john and his team will do with our oewd office of economic workforce development working with our nonprofits sector like

made sfmade and we can do it in an economic strong way because we'll mix that with new office space that is how subsidies get created the brilliance of working with our financial developer team, our office developers that also want to join together to make sure that the heart of san francisco also gets increased there's we'll have many more conversations and introductions in the future today, if is about baking down on the next project that is exciting i always wanted to say uber that it would have remained what that was will not be that useful until now to blend technology and innovation with advanced manufacturers with some of the traditional manufacturing as well i know we identified tenant to be here this is all about making things and being

proud of making things that will be substantial forever this is another heart of san francisco that we can be proudly display to the rest of the world john kilroy thank you for being a leader and a partner. >> (clapping.) >> let's turn some dirt rob get it going. >> so it keeps on getting better we've heard from one visionary i've introduced one that is my boss i have to make sure he get this right in all seriousness john kilroy our ceo of kilroy realty has changed the dynamic of the office in fact, the kilroy it is office space we refer to it as workplace that is a workplace environment that gets to the heart of creating spaces where people want to work and like hanging out after work

or before and enhance their productivity so john has been a leader ♪ effort particularly up here in san francisco since kilroy was here in 2010 and extend that vision to seattle and other places without further detail john i'm going to turn it over to you >> (clapping.) >> is that on. >> okay. it is on great okay. the ferng i'll do probably, back to the microphone it is really hot today okay. this who says san francisco is cold in the wintertime i had frost on any lawn and took my summer stuff and threw it in a closet he regret that i have notes thank you for being here.

(laughter) thank you very much i was thinking mayor ed lee that is our fourth groundbreaking together in 3 years and i hope to have another one on a much bigger project on brandon street in a couple of years thank you for being here. today so here we have a 200 and $70 million on one hundred hooper 80 thousand square feet of pdr this is 3 add and 20 odd square feet class a office space it is always nice when our building things and they serve the community and we're very keen on that is equally nice even a little bit in your when but have tenants

and we announced over the wire today and we announce formally that a date of birth he has 200 plus square feet of office space a rep with adobe and other cities one of the most outstanding companies in the world we're so proud to have you as a tenant here and it is wonderful for the city of san francisco adobe expands they have a presence drood if you know about pdr the next speaker will explain it i'll for the spent a lot of time talking about that we think hard and along about how our products not only serve the stakeholders but serve the community and the citizens of the cities we're ♪ san francisco we're so fortunate

to have mayor ed lee who is under his leadership and the planning department and those folks have done a wonderful job in encouraging the developers to think about the great aspects of those projects so people can walk through them areas realty and otherwise people eat inside and outside and enjoy the walking environment i've looked around mission bay 6 years ago we had all the space and it had you know it's occupancy not that great a hospital was built there i thought maybe in 10 years it will be worth something and this is now 6 years i thought well mission bay will be coming in 7 or 8 years and now what the heck

happened you go down there it is taken it is leased one hundred leased open space office space and you have more hospitals and billion dollar and billion dollars of dollars and throbbing r therefore, be it resolved we have the zuckerberg's and the conway's that contributed so much to make the area criminal i get teary-eyed i have a daughter that almost died she's not health and safety i have a wife >> (clapping.) >> and that is also in the other hospital that is in for a financial job she has a home share analyzed disk and thank god these facilities are here it is such a privilege to work with you and we look forward to having a celebration when this project is completed so with that, rob i'm going to turn it

over to thank you. >> (clapping.) >> can you hear me i'll just is this live last but not least is kate who is the ceo of sfmade and this partnership between coiling roadway and sfmade where the rubber meets the road and expand our success to make that a work environment and kate and others have been tilly chang in eternity how to go out and perform outreach but outside of san francisco so i'm going to let kate talk about pdr we at kilroy are excited about the different types of uses we pursue coming to one hundred hooper with that kate. >> (clapping.) >> so i could talk about pdr

which is the production distribution and repair it is a lot of what we think about at sfmade to support more than 6 hundred local manufacturers to start and grow and stay in the city i could talk about what incredible partners kilroy has been to us as we have worked to conceive and finance and design the buildings that you will see rising before you over the next 18 months and talk about the fact that the partnership we have had for the last seven years with this city of san francisco starting with mayor ed lee with supervisor cowen the supervisor for this district and the board of supervisors who unanimously voted to put in place the zoning thou may not

release one of the most initiative policies in the country taking how we do affordable housing we have a market-rate and an affordable piece coming together we're now applying it for the first time to our knowledge in the country to figure out how to generate new industrial space in what is the most expensive reality market in the country this is the first permanently affordable manufacturing building that is being built potentially forever but certainly in the last 20 years and for all of you that mad this happen from the team to the architects to the developer to the mayor's office to the planning department and the office of economic workforce development we owe ourselves. >> huge round of applause so thank you. >> (clapping.) >> but i really most want to

say in this crazy week we've had in the national landscaper we've powder i powder of i'm proud to be a californian and a san franciscan and want you, you to recognize that what we are doing what you are doing kilroy is you're creating a home to make sure this city is a city for everyone the people that will be housed in the office building and the manufacturing portions of this projects are the heart and soul of that city without a place to make we artists going to have local ties and artists going to have locally crafted product but more importantly we will not have the exist of people people from other countries veterans, young people like my daughter that autistic and may not -

this is home we're creating right here the example we're setting for the rest of this country and i want you to recognize the significance of what we're doing is far beyond a building a set of tenants or even local making a model and we're all part of this and let's go do a bunch more thank you. >> (clapping.) >> thank you kate nice comments that concludes the speaking portion of our events today, we'll have a ceremony and please enjoy beverages and food we need to acknowledge a couple of people first and foremost from kilroy we want to knowledge psychologist and the team that made this happen and made that happen this transaction came together no august and had signed up by september

typically and time of year people are on the vacation that is underscores the business we're in a fought what reflex when you deal with great companies they act swiveling and make all the difference in the world and on behalf of kilroy the brokers from colorado years international i can't say i have whiplashes on my back from negotiations and late of all our listing team michael and meekly monroe and a bunch of people blow them that whole team worked out flawlessly i want to recognize those people if we can give them a round of applause. >> (clapping.) >> that's it enjoy yourselves we'll dig up dirt and starts

start th construction. >> okay. here it comes we got everybody we're good got one? you release you all get the dirt right

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