i would like to introduce jack baer from the giants to provide an overview of the proposal. we will be available afterwards should you have any questions. >> thank you. i'm going to see if i can get the slide presentation to work. good afternoon, members of the port commission. i'm the senior vice president of the san francisco giants and i'm the point person on this project for the giants. there are some colleagues of mine i would like to introduce to you today. the project is being done as a joint venture with the san francisco giants and john is with us who works with the joint venture. fran worked for the boston red sox improving fenway park and the area around fenway park. many of the know karen, she is one of the preeminent land-use planners and architects in the bay area and has done projects around the united states and the world and we're happy to have her on our team. today, we find ourselves in a very exciting spot. we survived the economic downturn, the real estate market in san francisco is recovering, and we are ready to move full speed ahead. over the past yea