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Board endorses amended Pier 70 term sheet after port and community negotiations
Summary
The Board of Supervisors endorsed an amended term sheet for the Pier 70 waterfront redevelopment, approving revisions requested by the budget analyst and securing commitments on inclusionary housing and protections for arts and manufacturing uses.
The Board of Supervisors voted unanimously Tuesday to endorse an amended term sheet between Forest City Development California and the Port Commission for the Pier 70 waterfront site after the port delivered changes requested by the board—s budget analyst.
Why it matters: Pier 70 is one of the largest waterfront redevelopment opportunities in the city. The project aims to rehabilitate historic buildings, create new parks and public open space, preserve space for local manufacturing and arts uses, and add housing and commercial space. Supporters called it a major neighborhood revitalization opportunity for the…
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