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OCII greenlights ALH contract for Hunters Point financial review; neighbors urge relocation of massive Candlestick parking garage
Summary
The commission approved a three-year, not-to-exceed $230,000 contract with ALH Urban and Regional Economics for analysis of Hunters Point/Candlestick Phase 2 financials. Neighbors, represented by Shirley Moore, urged moving a planned 2,700-space garage away from residences and a school, citing air quality and outreach concerns.
The Office of Community Investment and Infrastructure on Oct. 4 authorized a personal services contract with ALH Urban and Regional Economics to support review of the Hunters Point Shipyard/Candlestick Point Phase 2 pro forma and related financial agreements.
Tamsen Drew, senior project manager, and Amy Herman, sole proprietor of ALH, described a three-year contract (Oct. 1, 2016–Sept. 30, 2019) not to exceed $230,000. Staff said ALH will review the developer’s revised 2016 pro forma, compare it…
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