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Committee backs updated property exchange and design changes for new Fire Station 13 project
Summary
The committee forwarded a conditional property exchange agreement that would swap city property at 530 Sansom for private parcels to enable a redesigned Fire Station 13 delivered at no cost to the city; staff said developer fees and TDR sales would fund affordable housing and that construction is contingent on CEQA and later Board/Mayor ratification.
The Budget & Finance Committee on May 20 recommended approval of an updated conditional property exchange agreement to facilitate a new Fire Station 13 and associated high‑rise development at 530 Sansom Street.
Enrico Penick, Director of Real Estate, described design changes that increase the fire station from 19,266 square feet to about 20,300 square feet, add a fourth apparatus bay, substitute office space for previously proposed for‑sale condominiums, and increase the station delivery cost estimate to about $31.2 million. Penick said the developer added a $1.6 million voluntary fee to offset reduced linkage revenue after switching condos to office and that job linkage and in‑lieu fees—estimated at about $5.9 million—are dedicated to the 772 Pacific Avenue affordable housing project.
Penick said private delivery of the station would place cost escalation risk on the developer and that any savings above the original $25.5 million baseline and below $31.2 million would be retained by the developer; savings below the original baseline would be paid to the city. The conditional agreement remains subject to CEQA and subsequent Board and mayoral ratification.
A committee clarification exchanged between the Chair and Penick corrected a misspoken figure: city revenues from transferable development rights (TDR) were described as "a little more than $3,000,000," while linkage fees total roughly $5.9 million dedicated to affordable housing. The committee voted 3–0 to forward the updated CPEA to the full Board with a positive recommendation.
