Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee recommends amended approval for SFMTA Transportation Management Center lease at 1455 Market
Summary
The committee recommended approval, with amendments, of a 10‑year lease for a consolidated SFMTA Transportation Management Center at 1455 Market Street and required the Real Estate Department and SFMTA to report in three months on plans to reduce existing leased space. The budget analyst raised concerns about increased annual occupancy costs and recommended Board review of renewal options.
The Budget and Finance Committee recommended approval of a 10‑year lease for the San Francisco Municipal Transportation Agency to occupy roughly 39,573 square feet at 1455 Market Street, but added a requirement that the Real Estate Department and SFMTA report back in three months with plans to reduce or relinquish existing city or leased spaces.
John Updike, Acting Director of Real Estate, said a Jacobs Engineering site assessment identified 1455 Market as the top choice because the building offers high resiliency—existing emergency power and significant cooling—and because a portion of the floor plan already suits control‑center functions. “The best rated property from…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
