Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Supervisors forward Bill Graham lease; unions press for hiring guarantees
Summary
The Budget & Finance Committee advanced a 20‑year lease of the Bill Graham Civic Auditorium to BGCA Management/Another Planet, requiring $10 million in private investment and $100,000 base rent, but sent it to the full board without recommendation amid intense testimony from labor and supporters seeking firm hiring and benefit commitments.
John Aviles, chair of the Budget & Finance Committee, advanced a proposed 20‑year lease of the Bill Graham Civic Auditorium at 99 Grove Street to BGCA Management LLC (an entity formed by concert promoter Another Planet) to the full Board of Supervisors without a committee recommendation. The lease before the committee requires the lessee to invest $10,000,000 of private capital, guarantees a base rent starting at $100,000 annually (increasing 2.5% per year), and contains upside participation provisions tied to naming rights and ticket thresholds.
City Administrator Ed Lee and Amy Brown, Deputy City Administrator and Director of Real Estate, told supervisors the agreement aims to reverse a history of operating losses under the city’s management and SMG’s operating contract.…
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
