. >> good afternoon, rebecca benisin, honored to represent the rock team behind me today. we're here with an action item for you, a significant milestone for the mission rock project. i want to go over some pledges you've seen before but i think many bear repeating. the first one is with the project area. we know it took us more than a decade to get here but we have an entitled project that consists of a 28-acre site, located at lot a near oracle park. it will include 2.7 to 2.8 million growth square feet of residential, 1200 of those will be housing units, 40% below market rate. we have a little bit more than a million square feet of office and 20,000 square feet of rehabilitation at pier 48. you all know documents were executed in 2017. since that time, document has been working on site-wide issues. earlier in the year, they received a portal submittal. phase one on the left consisted of the parcels that lined china basin park. the phase one before you today has been reconfigured to focus on that corner between the intersection of parcels a, b, g and f. new phase one pro