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Committee backs amended AmEx lounge lease; airport projects $1.13 million more annually
Summary
The Budget and Finance Committee voted to forward an amendment to the American Express common‑use lounge lease at San Francisco International Airport to the full Board with a positive recommendation; staff said a blended rent of about $211 per square foot and tenant improvements would raise net airport revenue by about $1,134,000 a year.
Chair Matt Haney opened the committee’s review of a proposed amendment to the common‑use American Express lounge lease at San Francisco International Airport. Airport speaker Kathy Widener said the expanded, concession‑style lounge should not be treated as a traditional airline‑run lounge and that a blended rent of roughly $211 per square foot is appropriate given…
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