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Supervisors introduce property transfer resolutions for Salesforce Mission Bay parcels; UCSF to pay upfront affordable-housing obligation, Warriors interest in
Summary
Supervisor Kim introduced resolutions to transfer Salesforce Mission Bay parcels to UCSF and to finalize sales that will support affordable housing payments; the board discussed transit-impact concerns for the projects.
Supervisor Kim introduced resolutions on April 22, 2014 to approve the sale or transfer of Salesforce Mission Bay parcels, clarifying that the transfers — including a transfer of parcels to the University of California, San Francisco (UCSF) — will include an upfront affordable-housing and infrastructure payment to the Office of Community Investment and Infrastructure (OCII).
Kim told the board that recent announcements about the Warriors expressing interest in purchasing the remaining Salesforce Mission Bay parcels, together with UCSF transfers, will accelerate development of Mission Bay South. She said UCSF’s upfront payment and any Warriors project contributions will help speed construction of the remaining affordable housing parcels in Mission Bay South, which she estimated at approximately 758 units remaining to be developed.
"The resolutions that I'm introducing today will allow for the transfer of property from Salesforce to UCSF and clarify that even as a tax exempt entity, UCSF will pay upfront affordable housing and infrastructure payment to OCII to complete the affordable housing and infrastructure obligations of the plan," Supervisor Kim said on the floor.
Supervisor Scott Wiener raised a related concern about transit mitigation funding, saying he understood the UCSF project would not be paying certain transit impact development fees and urging the city to ensure adequate investment in transit as major developments proceed.
The resolutions were introduced for committee referral and community review; they did not receive final votes on April 22. Sponsors said the transfers and payments would accelerate development at Mission Bay and that community involvement would continue during planning and entitlement of the projects.
Discussion vs. action: These were introductions of resolutions to authorize transfers and clarify payment obligations; no final vote was reported at the meeting and the items were referred for further committee review.
Clarifying details drawn from remarks: sponsors cited roughly 758 affordable-housing units remaining in Mission Bay South to be completed through current and proposed projects; UCSF agreed to an upfront affordable-housing and infrastructure payment to OCII as part of the transfer terms described on the record.
Next steps: Resolutions will proceed through committee and administrative review. Supervisors and speakers on the floor urged coordination to ensure transit funding and community integration as projects move forward.
