also congratulations to tmg for completing their first successful transaction with the board. second item is the pier 70 design review. the partner brookfield develop. port and city are moving expeditiously with a new neighborhood at pier 70. it's terrific to the progress on the ground we now have a design proposal for e2 on the northeast corner of mayorland and 22nd street in the pier 70 special use district. design review for the building is assigned to the city's planning director john ram, nevertheless, i want the port commission and our water front community to be aware of the review process and proposed schematic design. i'd like to invite david volpray up as a senior designer of the plan. >> good afternoon, commissioners. i'll talk about the process and maybe by the time i'm done we'll have images for you. port staff and planning staff recommend the schematic design for e2 parcel at pier 70. this is the first new building in pier 70 in several decade. the -- decades. the program is apartment, residential building 70 feet tall, 226,000 square feet with 275 rental units.