. >> thank you, madam chair, members of the committee, john updike, acting director of the division of real estate. we are seeking approval and lease for sfmta transportation management center. i am going to give you just a brief overview of the real- estate issues, followed by sfmta's staff presentation on the specifics of the center itself and the benefits of co locating a variety of existing functions at that center. first and foremost, this project is about improving the resiliency of our transportation system, particularly, the command and control of operations. it was in that spirit that a site the said the study was produced by jacobs engineering in early 2009. at a valley with nine potential properties against 12 different criteria. everything from size, consideration, location issues, to structural integrity, security, to safety matters. the best credit property from that study was 1455 market street. the details of that rating are in attachment one to the budget analyst report. 1455 market, located across the street from van ness, built around 1976 is owned by hudson 1455 mar