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Commission approves year-round activation and parklet at Sewall Lot 337; port to receive minimum rent and revenue share after breakeven
Summary
The Port Commission approved a temporary special-event activation of Sewall Lot 337 and a parklet license that will convert roughly 3% of the lot into a year-round modular activation with retail, food, restrooms and a beer garden. The port is guaranteed a minimum parameter rent of $77,000 annually and will receive 25% of net revenues after the operator recoups upfront investment; staff estimated an incremental $150,000/year in parking revenue but labeled that figure speculative.
The Port Commission voted to approve a temporary activation of Sewall Lot 337 and an associated parklet on Terry A. Francois Boulevard, a project proposed and to be operated by China Basin Ballpark Company (CBBC) and the San Francisco Giants’ real-estate team.
Staff characterized the proposal as a modular, temporary installation occupying about 18,000 square feet (roughly 3% of Lot A) that would displace approximately 70 parking spaces but provide public amenities: modular retail/food containers, restrooms, bicycle parking,…
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