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Commission approves interim 5‑year lease for Sewell Lot 337 and Pier 48 event uses
Summary
The Port Commission authorized a five‑year interim lease with the China Basin Ballpark Company for Sewell Lot 337 (Giants parking) and non‑exclusive use of Pier 48 sheds, with seasonal base rents, percentage rent, and extraordinary-event cost provisions; neighbors raised concerns about trash cleanup and mitigation.
Phil Williamson, the port’s project manager, presented terms for an interim five-year lease with China Basin Ballpark Company (CBBC) covering Sewell Lot 337 (Giants Parking Lot A) and non-exclusive license of Pier 48 Sheds A and C. The lease divides the year into a high season (April–September) with $355,000/month base rent and a low season (October–March) with $45,000/month base rent, both…
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