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Commission authorizes exclusive negotiations with Orton Development for Pier 70 historic buildings
Port Commission (Port of San Francisco) · April 24, 2012
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Summary
The Port Commission approved a nine-month exclusive negotiation agreement with Orton Development for six historic Pier 70 buildings, including a $75,000 negotiating fee, two possible 50K extension fees and a no-rent site office; staff expects to return with a development concept and community outreach plan.
The Port Commission authorized an exclusive nine-month negotiating agreement with Orton Development Inc. for the lease and development of six historic Twentieth Street buildings at Pier 70, and approved a no-rent lease for a site office as part of the negotiating agreement.
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