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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 the city already owns. it runs south van ness. so it really is literally and figuratively a consolidation of the city departments. one of the objective of the master plan we've been working on is to give the city a presence on van ness, and also to accommodate a programmatic requirement, very large well played -- something very hard to do. ~ anywhere in the city, but particularly this part of the town. and at the same time, create a project that would be a good partner or good neighbor to the 565 units of residential that we are building on the south and wester
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 the city already owns. it runs south van ness....
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updike. >> thank you, chair farrell. [speaker not understood], good morning. so, this item is a master lease of 144 eddy street known as the empress hotel to empress, llc. it is a ten-year lease for the direct access to housing program. this facility has 90 residential units on five floors. ground floor includes a significant common area with a kitchen, laundry room and lobby. tide center, delivery innovation [speaker not understood] as we affectionately call it dish man gentlemen the day-to-day operation of the facility. they were selected through a competitive rfp process and will be providing property management services through a board approval that was he secured last year through 2018. the current rent in terms of the transaction is -- was 56,5 79.13 per month. through this renewal the new rent will be 60,6 87.03 per month. that is $674,30 per housing unit per month. we feel that is a very competitive rate. we're pleased with that ~ fairly limited increase. in future years the rent can
updike. >> thank you, chair farrell. [speaker not understood], good morning. so, this item is a master lease of 144 eddy street known as the empress hotel to empress, llc. it is a ten-year lease for the direct access to housing program. this facility has 90 residential units on five floors. ground floor includes a significant common area with a kitchen, laundry room and lobby. tide center, delivery innovation [speaker not understood] as we affectionately call it dish man gentlemen the...
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updike. >> thank you, chair farrell. director updike, director of real estate. this particular project was in city scape by john king this spring and i thought i'd take the opportunity to use that visual for you. it's a very cool building. and the architecture has been described by mr. king as moorish make believe. so, i figured how many times will i get the opportunity to say that at this committee? so i had to bring that to your attention. [laughter] >> we're very excited to bring you what really is a partnership agreement between the city and the san francisco unified school district. this is actually the largest single leased premises by the city as tenant in the general fund family. county adult assistance program and the cal fresh food stamps is located here. we've been in this location since 1993. it was a creative financing agreement between a third-party ownership, a lease to sfusd and a sublease to the city. then in the end of august 2013, after the dee feesance of the debt, the school district became the owner of the property ~. so, now we are here fo
updike. >> thank you, chair farrell. director updike, director of real estate. this particular project was in city scape by john king this spring and i thought i'd take the opportunity to use that visual for you. it's a very cool building. and the architecture has been described by mr. king as moorish make believe. so, i figured how many times will i get the opportunity to say that at this committee? so i had to bring that to your attention. [laughter] >> we're very excited to bring...
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updike ha already stated, that this legislation would authorize nonrefundable payment of the city $1 million toward land acquisition costs and up to 250,000 for initial schematic design costs. on page 81, we have our recommendations. we recommend that you amend the proposed resolution [speaker not understood] prior to the date the board of supervisors must endorse the purchase and sale agreement on october 31st, 2014. and that report should provide details on the space requirements of the city debtsv and the proposed uses such as training board room, space for occupying the new office building, including long term staffing [speaker not understood], also explain the option for big filling [speaker not understood] allowing them to relocate to the new office building and provide details on the space requirements and recommend poe tension project alternative if the increase in space is not required by dpw, dbi, city planning or other city departments slated to occupy the new office building and describe the real estate [speaker not understood] to be a policy matter for the board of super
updike ha already stated, that this legislation would authorize nonrefundable payment of the city $1 million toward land acquisition costs and up to 250,000 for initial schematic design costs. on page 81, we have our recommendations. we recommend that you amend the proposed resolution [speaker not understood] prior to the date the board of supervisors must endorse the purchase and sale agreement on october 31st, 2014. and that report should provide details on the space requirements of the city...
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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...