so to give us his perspective on the market and the future, please welcome carl shannon. [ applause ] >> good morning. thank you mary. what an amazing opportunity to be here. today i live here with my family and raising two young daughters in san francisco.uf for those who don't know me, i am not a religious person. but i think we should all take a moment and say a prayer of thanks for the environment we live in. for all of us who touch bay area real estate, it's really incredible how quickly things have changed. if you go back two, two and a half years and think about what the environment was in the middle of 2010, we were in a terrible environment. values were down significantly. we couldn't lease space it save ourselves and we felt it would be a long, long slug to come out of the hole we were in. here we are, barely two years later, in one of the strongest office markets in the country. the growth for is overwhelming a shrinking of real estate needs and we're not seeing that kind of growth in new york or washington. it's very select markets that we're seeing the kind of growth that

i'm carl shannon, it's a pleasure to be here in front of you again. we are fully committed to moving forward on this project. as staff represented, we've actually filed for our building permit and our site permit. we've got a full team and doing the construction drawings and getting this project. and its sister affordable housing project at 1400 mission both ready for construction as soon as we can. some of you will remember that part of the original condition put on these projects after they left the commission went, they went to the board of supervisors, an extraordinary commitment to affordable housing to build 25% off-site affordable housing. at the infinity we met that requirement at 900 gilman and 888 seventh. those projects are up and fully occupied. we intend to do that again here working with tndc and a merry core development in the site of the corner of west mission and 10th. we look forward to bringing both the 201 r project and mission project forward next year. if it weren't for the economic downturn of 2008, we wouldn't need this extensi

carl. >> hi there, shannon.n route 33 en route to salina, ohio, having canceled all of mitt romney's events today the storm hurricane sandia made it necessary to cancel the afternoon event in virginia and then canceled two other events is steering clear of the coastline and big storm. which means another visit to ohio from mr. romney. he and aurora will bot and pau' appear together. the latest poll says it is now an actual tie. 49% to 49%. a remarkable crescendo. and with all of that, today on the sunday shows, the surrogates were battling it out on behalf of their candidates. watch. >> i also feel like the momentum is on our side. i have been at six of the rallies over the last week and at about a dozen victory centers around the state and the energy and enthusiasm is on our side this year. it is interesting to watch. we were down probably five to ten points before the debates. after the debates we are about dead even and moving our weigh. >> i do think that governor romney gained a little after the first debat