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Commission approves six-month extension of ENA for Seawall Lot 337 (Mission Rock)
Summary
The Commission approved a six-month extension to the exclusive negotiation agreement for Seawall Lot 337, moving the Phase 1 benchmark from Sept. 15, 2012 to March 15, 2013; staff said the land-use program would require roughly $66 million in developer equity and that Giants Development Services is now the sole remaining member of the ENA team.
The Commission approved a first amendment to the Exclusive Negotiation Agreement for Seawall Lot 337 and adjacent Pier 48 to extend Phase 1 performance benchmarks by six months, from September 15, 2012 to March 15, 2013. Phil Williamson, project manager in the Port's…
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