Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Port receives detailed update on Pier 70 rehabilitation, explores seismic loan and financing options
Summary
Ports planning staff and Orton Development updated the commission on a proposed $75 million rehabilitation of about 300,000 sq. ft. of Pier 70 historic buildings, outlining seismic‑loan financing, an infrastructure financing district, local‑hire targets and a construction timeline beginning in 2014.
Port planning staff and the Orton Development team presented an informational update on a proposed lease and rehabilitation of the historic building core at Pier 70, detailing design concepts, revised cost estimates and proposed financing mechanisms.
Kathleen Diehape of the Port’s Planning and Development group said the project — now estimated at about $75 million, up from an earlier $58 million estimate — would rehabilitate roughly 270,000–300,000 square feet of historic industrial buildings and return many structures to office, light industrial and public uses. Diehape described two new…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
