, thank you. >> chair rosales, commissioners, good afternoon, my name is shane hart, i'm the project manager for transbay. beginning with an overview, the redevelopment plan was adopted in 2005, consists of 10 acres of formerly state owned parcel, we estimate about 2200 residential units will be in transbay on those parcels when complete, which about 35% will be affordable. there will be 2 million square feet of office, the transbay transit center, there will be a 5.5 acre [inaudible], four additional acres of parks within the zone a1 area and there will be neighborhood serving retail. the 15-16 accomplishments, just to give you the highlights, for block 1, we hope to bring the opdda before the commission in june, we had two land closings in this past year, totaling almost 250 million dollars, that's block 5 and block 8, block 5 is currently under construction. block 6, we hope for the construction to be complete either at the end of this fiscal year or early in 16-17. we also completed the folsom off ramp. for the 16-17 work plan, again, block 1, we plan to close on that land sale a

, thank you. >> chair rosales, commissioners, good afternoon, my name is shane hart, i'm the project manager for transbay. beginning with an overview, the redevelopment plan was adopted in 2005, consists of 10 acres of formerly state owned parcel, we estimate about 2200 residential units will be in transbay on those parcels when complete, which about 35% will be affordable. there will be 2 million square feet of office, the transbay transit center, there will be a 5.5 acre [inaudible], four additional acres of parks within the zone a1 area and there will be neighborhood serving retail. the 15-16 accomplishments, just to give you the highlights, for block 1, we hope to bring the opdda before the commission in june, we had two land closings in this past year, totaling almost 250 million dollars, that's block 5 and block 8, block 5 is currently under construction. block 6, we hope for the construction to be complete either at the end of this fiscal year or early in 16-17. we also completed the folsom off ramp. for the 16-17 work plan, again, block 1, we plan to close on that land sale a

, thank you. >> chair rosales, commissioners, good afternoon, my name is shane hart, i'm the project manager for transbay. beginning with an overview, the redevelopment plan was adopted in 2005, consists of 10 acres of formerly state owned parcel, we estimate about 2200 residential units will be in transbay on those parcels when complete, which about 35% will be affordable. there will be 2 million square feet of office, the transbay transit center, there will be a 5.5 acre [inaudible], four additional acres of parks within the zone a1 area and there will be neighborhood serving retail. the 15-16 accomplishments, just to give you the highlights, for block 1, we hope to bring the opdda before the commission in june, we had two land closings in this past year, totaling almost 250 million dollars, that's block 5 and block 8, block 5 is currently under construction. block 6, we hope for the construction to be complete either at the end of this fiscal year or early in 16-17. we also completed the folsom off ramp. for the 16-17 work plan, again, block 1, we plan to close on that land sale a

, thank you. >> chair rosales, commissioners, good afternoon, my name is shane hart, i'm the projectng with an overview, the redevelopment plan was adopted in 2005, consists of 10 acres of formerly state owned parcel, we estimate about 2200 residential units will be in transbay on those parcels when complete, which about 35% will be affordable. there will be 2 million square feet of office, the transbay transit center, there will be a 5.5 acre [inaudible], four additional acres of parks within the zone a1 area and there will be neighborhood serving retail. the 15-16 accomplishments, just to give you the highlights, for block 1, we hope to bring the opdda before the commission in june, we had two land closings in this past year, totaling almost 250 million dollars, that's block 5 and block 8, block 5 is currently under construction. block 6, we hope for the construction to be complete either at the end of this fiscal year or early in 16-17. we also completed the folsom off ramp. for the 16-17 work plan, again, block 1, we plan to close on that land sale and begin construction, block 5