Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

City approves leases for Trinity Center and Harvey Milk Terminal at San Francisco Airport

May 22, 2024 | San Francisco County, California



Black Friday Offer

Get Lifetime Access to Full Government Meeting Transcripts

Lifetime access to full videos, transcriptions, searches, and alerts at a county, city, state, and federal level.

$99/year $199 LIFETIME
Founder Member One-Time Payment

Full Video Access

Watch full, unedited government meeting videos

Unlimited Transcripts

Access and analyze unlimited searchable transcripts

Real-Time Alerts

Get real-time alerts on policies & leaders you track

AI-Generated Summaries

Read AI-generated summaries of meeting discussions

Unlimited Searches

Perform unlimited searches with no monthly limits

Claim Your Spot Now

Limited Spots Available • 30-day money-back guarantee

This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

City approves leases for Trinity Center and Harvey Milk Terminal at San Francisco Airport
The San Francisco County government meeting held on July 4, 2025, focused on several key resolutions concerning lease agreements and concessions at the San Francisco International Airport (SFO). The meeting began with the approval of two resolutions related to lease agreements with Trinity Center LLC for properties located at 1145 Market Street.

The first resolution pertains to a 15-year lease for the law library, which includes a base rent of $599,000 per year, with annual increases of 3% and a market reset in the 11th year. The second resolution involves a 10-year lease for the health service system, with an initial annual rent of approximately $589,000 and similar annual increases. Both resolutions were previously discussed and continued due to amendments regarding the dollar amounts and terms. After no public comments were received, the committee moved to forward both items to the full board with a positive recommendation, which passed unanimously.

Next, the committee addressed a resolution for a new concession lease at Harvey Milk Terminal 1 with Love from USA Group Inc. This lease, which has a term of seven years with two one-year extension options, includes a minimum annual guarantee of $205,000 for the first year. The proposal was the only one received during a competitive bidding process and features merchandise from local Bay Area museums. After a brief discussion and no public comments, this item was also moved forward to the full board with a positive recommendation.

The final item discussed was an amendment to the Terminal 3 coffee and quick serve concession lease with Elevate Gourmet Brands Inc. This amendment removes the SF Mac and Cheese Kitchen facility from the lease and adjusts the minimum annual guarantee from $375,000 to $185,000. The airport will reimburse approximately $279,000 for tenant improvements related to the facility that never opened due to the pandemic. The budget analyst noted that while this change represents a revenue loss of $1.3 million over the remaining lease term, it is partially offset by increased rent from United Airlines for the space. The committee expressed understanding of the necessity for this amendment and moved it forward with a positive recommendation.

In summary, the meeting addressed significant lease agreements and amendments that aim to optimize the use of properties and concessions at SFO, reflecting ongoing efforts to adapt to changing circumstances and enhance revenue opportunities for the city.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Sponsors

Proudly supported by sponsors who keep California articles free in 2025

Scribe from Workplace AI
Scribe from Workplace AI
Family Portal
Family Portal