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Port Commission authorizes exclusive negotiations with Warriors group; forms 16‑member advisory committee

Port Commission, San Francisco City · August 14, 2012
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Summary

The Port Commission authorized exclusive negotiations with GSW Arena LLC for Piers 30–32 and Sewell Lot 330 and approved a Citizens Advisory Committee of up to 16 members to guide community input. Staff emphasized the agreement starts a multi‑step EIR and lease process, not project approval.

The San Francisco Port Commission voted to authorize staff to enter exclusive negotiations with GSW Arena LLC, the entity representing the Golden State Warriors, to explore development of a multipurpose facility at Piers 30–32 and Sewell Lot 330.

Byron Rhett, Planning and Development Director, told commissioners the two‑year exclusive negotiating period (with a one‑year extension option) would begin work on a term sheet, fiscal feasibility and an environmental impact report — all prerequisites to any lease or disposition and development agreement. He said the negotiating period includes an upfront developer fee schedule (about $25,000…

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