SFGTV: San Francisco Government Television
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Sep 5, 2014
09/14
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supervisor let me ask if the department of real estate has comments >> thank you president chiu john updike the director of real estate that's hard to top of introduce. i have a brief presentation. just to give you a little bit a of history and talk about the items before you today. as the supervisor mentioned in june of this year, the board approved the admin plaza program code. we told you this is the plaza project is called the ma coffin hub. those items are the vacation between 101 and valencia it's rezoning to public use open space and the transfer from the department of public works to real estate. all of that further stipulates the goals of the plaza program to transform this particular 4 thousand square feet space to a well community hub the plaza is the former octavia project. so this is one of those projects sdiefrdz by neighborhood and brought forward. i'll take a quick look at the properties location for you. and in a sense ever before and after the visible tells the story it's a an amazing transformation that's occurred out there. with our approval those items we'll be issuing
supervisor let me ask if the department of real estate has comments >> thank you president chiu john updike the director of real estate that's hard to top of introduce. i have a brief presentation. just to give you a little bit a of history and talk about the items before you today. as the supervisor mentioned in june of this year, the board approved the admin plaza program code. we told you this is the plaza project is called the ma coffin hub. those items are the vacation between 101...
SFGTV: San Francisco Government Television
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77
Sep 3, 2014
09/14
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john updike, director real estate. this item is regarding a distributed antenna system which will be placed into the public safety building now under construction in mission bay. that facility will house our police department administration moving from the hall of justice along with a new fire and relocated police station, southern station moving from the hall of justice and a new location for the arson task force along with a very large community meeting room which will be a rehabilitated fire station 30. that complex has needs for cellular and emergency communications and this item is to facilitate that through installation of what i'll call the brains of a cellular and emergency communication network. it's really on a localized basis. it serves the complex or two buildings at this location at third and mission rock. it is a license agreement. it's a ten-year license agreement. it allows sublicensing. that is intended -- it has tight controls on sublicensing, but this works quite nicely for the city and that is a cap
john updike, director real estate. this item is regarding a distributed antenna system which will be placed into the public safety building now under construction in mission bay. that facility will house our police department administration moving from the hall of justice along with a new fire and relocated police station, southern station moving from the hall of justice and a new location for the arson task force along with a very large community meeting room which will be a rehabilitated fire...
SFGTV: San Francisco Government Television
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Sep 3, 2014
09/14
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want to briefly walk you through the concept that we have developed working collaboratively with john updike's department and also with city planning. this site, as john indicated, is a unique site in the civic center, market octavia district, slightly over 2-1/2 acre site at least in our search for an opportunity to develop multi-family housing, feel it's really one of the most unique or one of the best sites we've come across. also one to provide a true partnership between us as a private company and the city. we [speaker not understood] has a long track record of doing very important civic buildings as well as housing, to work with us. and mr. updike's department. and have come up with a ken except tail plan that has been reviewed with city planning. the site divides the [speaker not understood] in half. the northern and eastern portion of the site basically would become a build to suit for the city of approximately 4 62,000 square feet. i'm going to walk you through the initial massing concept for that in a second ~. importantly, this portion of the site is contiguous to a building that th
want to briefly walk you through the concept that we have developed working collaboratively with john updike's department and also with city planning. this site, as john indicated, is a unique site in the civic center, market octavia district, slightly over 2-1/2 acre site at least in our search for an opportunity to develop multi-family housing, feel it's really one of the most unique or one of the best sites we've come across. also one to provide a true partnership between us as a private...
SFGTV: San Francisco Government Television
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Sep 3, 2014
09/14
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john updike, director real estate still. this item is 258a laguna honda boulevard, [speaker not understood]. under prior ownership, ownership [speaker not understood] simply self-renewing leases. i have the ability to execute those within certain parameters and so within the administrative code we have taken care of that until now when we have a new owner who desired a longer term agreement, we thought that was also beneficial to the city. and, so, we have now before you this five-year lease with a renewal option for another five years and as a result of negotiations we're actually decreasing the rent of office space, which i find startling. and i'm very pleased to bring you a deal that has the rent rising from $3500 a month to about $39 50 a month in year five ~. that's 23 28 square foot a year ~ and i mentioned what the rates are currently so you know where we stand from a market perspective. the increaseses are set at 3% per year, so, this gives some fiscal stability to the public defenders office's budget and certainly g
john updike, director real estate still. this item is 258a laguna honda boulevard, [speaker not understood]. under prior ownership, ownership [speaker not understood] simply self-renewing leases. i have the ability to execute those within certain parameters and so within the administrative code we have taken care of that until now when we have a new owner who desired a longer term agreement, we thought that was also beneficial to the city. and, so, we have now before you this five-year lease...