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Port Commission OKs five-year lease with San Francisco Maritime National Park Association at Pier 45
Summary
The Port Commission approved a five-year lease and amendment with the San Francisco Maritime National Park Association for shed, berth and apron space at Pier 45 (Shed A). Association leaders said the site supports youth education aboard the restored World War II submarine and public access to waterfront exhibits.
The Port Commission approved a five-year lease with the San Francisco Maritime National Park Association (SFMNPA) for shed space, a roughly 300-foot berth along the east apron of Pier 45 (Shed A), and about 11,000 square feet of apron space for public access.
Jay Edwards, the Port—s property manager for Fisherman—s Wharf, summarized staff—s recommendation and said the lease includes roughly 8,000 square feet of office, storage and shed space and that the Association will reimburse the Port for back rent accumulated while the organization sought a new executive director. The lease requires no tenant improvements by the Port and includes a percentage rent provision to capture revenue above base rent.
Ted Regan, the Maritime National Park Association—s newly hired executive director, told commissioners the association runs substantial youth programming: the restored World War II submarine hosts overnight programs that serve about 3,000 children annually and the association serves another roughly 11,000 youth at the Hyde Street Pier park partner site. Regan said the organization looks forward to continuing on-site education and public access.
Two commissioners recused themselves from the item because of organizational ties; the remainder of the Commission approved the lease by voice vote. Staff said the lease and its first amendment also include a mutual termination of a prior lease (L13700) and require the association to pay outstanding back rent during the new lease term.
The next step is standard lease execution and implementation of the Association—s visitor and educational programs at Pier 45 under the new terms. The Commission took no other formal action on funding for tenant improvements beyond the rent and percentage-rent provisions.
