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OCII presents draft disposition strategy ahead of property management plan deadline
Summary
OCII staff briefed commissioners on the long-range property management plan required by redevelopment dissolution law, outlining disposition alternatives and proposed transfer timelines for parks, artist studios, Mission Bay park leases, Yerba Buena Gardens and other parcels; community stakeholders urged protections for public open space and continued community oversight.
OCII presented an informational workshop on the long-range property management plan (PMP) required under redevelopment dissolution law and Assembly Bill 1484. Tracy Reynolds, manager of Real Estate and Development Services, summarized the four disposition alternatives (retain/transfer to the city for governmental purpose; retain to meet enforceable obligations; sell; narrow transfer exception under the law) and walked the commission through proposed disposition approaches and estimated transfer timelines for major assets.
For Transbay Park parcels (Block 11B, Block 3 and Block 10) staff proposed temporary retention to fulfill enforceable obligations and phased transfer to the city (Block 11B ~2016; Block 3 ~2019; for Block 10 staff recommended not exercising an option because adjacent TJPA-owned parkland will be operated by the TJPA).
Shipyard park parcels and community-facilities parcels would likewise be retained temporarily until park or infrastructure improvements are completed and then transferred to the city in phases (phase 1 transfers in roughly 3–10 years; phase 2 timing depends on federal remediation and private development). Artist studios (Building 101 and the future Artist Replacement Building) would be retained until infrastructure and relocation are complete and then transferred, with an expectation of remaining in public ownership to enforce rent restrictions required by the Phase 2 DDA. Building 813 (a community facilities parcel slated for a clean-tech incubator) will be acquired from the Navy and sold at market value but restricted for community use.
For Mission Bay parks, OCII leases approximately 13 acres of completed parks from the city and would continue to lease and manage existing parks and future park acres until a single park system can be transferred to the city (target transfer around 2022). Staff also recommended retaining CFD administration for continuity given complexity.
On Yerba Buena Gardens, staff proposed transferring assets as a unit to the city while urging that the city adopt a management model that preserves the Gardens’ operations and revenue streams; the commission was told the city administrator and Department of Real Estate would be the likely city clearinghouse for the transition. Stakeholders repeatedly urged the commission to insist on preservation of public open space and to weigh in on how Moscone expansion design affects the Gardens.
Members of the public — arts and neighborhood stakeholders — urged that lease revenues and other committed funding remain dedicated to Yerba Buena operations, and that a single, stable governance or stewardship model be identified to protect the gardens’ diversity of uses and long-term maintenance. OCII staff said they will continue community outreach and return to the commission for adoption of the PMP before the Nov. 29 DOF submission.
