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Board approves ground lease, planning ordinances for Potrero Power Station redevelopment
Summary
The Board advanced a ground lease of Port‑owned shoreline land and related planning code and development agreement ordinances for the Potrero Power Station redevelopment, with supervisors citing decades of community planning and commitments to on‑site affordable housing and public benefits.
The Board of Supervisors on April 14 approved a ground lease and first‑reading planning ordinances tied to the Potrero Power Station mixed‑use redevelopment proposed by the California Barrel Company LLC and its development partners.
Clerk materials described a ground lease of approximately 1.6 acres of shoreline property adjacent to the Potrero Power Station site with a nominal $1 annual base rent, and three ordinances to amend the General Plan,…
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