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Port outlines $1.6B capital need, flags seawall study and Pier 27 cruise terminal

San Francisco Board of Supervisors Budget & Finance Committee · April 30, 2014
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Port of San Francisco staff told the Budget & Finance Committee the waterfront requires major capital investment — a $1.6 billion estimate to maintain a state of good repair with about $1 billion identified — and announced budget funds to begin a comprehensive seawall study. The Port cited rising cruise calls, ferry growth, ship repair activity at Pier 70 and a schedule to open a new Pier 27 park in August.

Monique Moyer, representing the Port of San Francisco, presented the Port’s budget overview to the Budget & Finance Committee on April 30 and described the waterfront’s dual role as both a public amenity and a working port. The Port said its capital plan for bringing aging waterfront infrastructure to a state of good repair totals approximately $1.6 billion, with about $1.0 billion identified from port and external sources.

"Our capital plan remains…

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