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SAN FRANCISCO 2Nd Quarter 2014 Office Market Report
SAN FRANCISCO 2nd Quarter 2014 Office Market Report Historical Asking Rental Rates (Direct, FSG) SF MARKET OVERVIEW $60.00 $57.00 $55.00 $53.50 $52.50 $53.00 $52.00 $50.50 $52.00 Prepared by Kathryn Driver, Market Researcher $49.00 $49.00 $50.00 $50.00 $47.50 $48.50 $48.50 $47.00 $46.00 $44.50 $43.00 Approaching the second half of 2014, the job market in San Francisco is $40.00 continuing to grow. With over 465,000 city residents employed, the San $30.00 Francisco unemployment rate dropped to 4.4%, the lowest the county has witnessed since 2008 and the third-lowest in California. The two counties with $20.00 lower unemployment rates are neighboring San Mateo and Marin counties, $10.00 a mark of the success of the region. The technology sector has been and continues to be a large contributor to this success, accounting for 30% of job $0.00 growth since 2010 and accounting for over 1.5 million sf of leased office space Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2012 2012 2012 2013 2013 2013 2013 2014 2014 this quarter. Class A Class B Pre-leasing large blocks of space remains a prime option for large tech Historical Vacancy Rates companies looking to grow within the city. Three of the top 5 deals involved 16.0% pre-leasing, including Salesforce who took over half of the Transbay Tower 14.0% (delivering Q1 2017) with a 713,727 sf lease. Other pre-leases included two 12.0% full buildings: LinkedIn signed a deal for all 450,000 sf at 222 2nd Street as well 10.0% as Splunk, who grabbed all 182,000 sf at 270 Brannan Street. -
San Francisco Ethics Commission Disclosure Report for Permit
DocuSign Envelope ID: 22F915A2-4A57-4DCD-ABD1-3562213B15D9 San Francisco Ethics Commission 25 Van Ness Avenue, Suite 220, San Francisco, CA 94102 Received on: Phone: 415.252.3100 . Fax: 415.252.3112 04-14-2020\DateSigned | 16:28:46\ PDT [email protected] . www.sfethics.org \DateSigned\ Disclosure Report for Permit Consultants SFEC Form 3410B (S.F. Campaign and Governmental Conduct Code § 3.400A et seq.) A Public Document 1. FILING INFORMATION TYPE OF FILING DATE OF ORIGINAL FILING (for amendment only) \OriginalFilingType\ \OriginalFilingDate\ PERIOD COVERED \PeriodMonths\ \PeriodYear\ January 1 to March 31 2020 2. PERMIT CONSULTANT AND EMPLOYER INFORMATION NAME OF PERMIT CONSULTANT NAME OF EMPLOYER Kyle Thompson \PermitConsultantName\ A.R.\PermitConsultantEmployer Sanchez-Corea & \Associates, Inc. BUSINESS ADDRESS 301 Junipero Serra Blvd., Suite 270, San Francisco, CA 94127 \PermitConsultantAddress\ BUSINESS TELEPHONE BUSINESS EMAIL ADDRESS 415-333-8080 [email protected] \PermitConsultantTelephone\ \PermitConsultantEmail\ 3. CLIENT INFORMATION Enter the name, business address, contact person (if applicable), e-mail address, and business telephone number of each client for whom you performed permit consulting services during the reporting period. Also enter the amount of compensation you or your employer received or expected to receive from each client for permit consulting services during the reporting period. # CLIENT INFORMATION NAME OF CLIENT One De Haro, LLC c/o SKS Investments \ClientName1\ BUSINESS ADDRESS OF CLIENT 601 -
Sustaining a Historic High-Rise Structure
ctbuh.org/papers Title: Sustaining a Historic High-Rise Structure Authors: Nina Mahjoub, Project Engineer, Holmes Culley Megan Stringer, Project Engineer, Holmes Culley Bill Tremayne, Principal, Holmes Culley Subjects: Retrofit Seismic Keywords: Life Cycle Analysis Retrofit Seismic Structure Sustainability Publication Date: 2015 Original Publication: CTBUH Journal, 2015 Issue I Paper Type: 1. Book chapter/Part chapter 2. Journal paper 3. Conference proceeding 4. Unpublished conference paper 5. Magazine article 6. Unpublished © Council on Tall Buildings and Urban Habitat / Nina Mahjoub; Megan Stringer; Bill Tremayne Retrofit / Seismic Sustaining a Historic High-Rise Structure One of the tallest seismic retrofits in North America was undertaken in the heart of San Francisco. The Pacific Telephone & Telegraph Company headquar- ters was an achievement of architecture of its day when completed in 1925, and it remains an emblem of the Art Deco movement. The building’s current owner decided to embark on the challenging endeavor of reviving the historic structure. This meant preserving the historic fabric, creating an open, flexible Nina A. Mahjoub Megan Stringer workspace, and infusing state-of-the-art technology and sustainability into all its aspects, including a voluntary full seismic structural upgrade. Introduction capacity of the existing building system. Moreover, this approach allows the engineer Situated in the heart of downtown San to better understand how the new and Francisco, the Pacific Telephone & Telegraph existing systems behave together during a (PT&T) Company headquarters opened in seismic event, and therefore provides a Bill Tremayne 1925, reaching 132.7 meters and becoming smart, more sustainable, and less obstructive the tallest building in the city upon solution while maintaining the historic fabric Authors completion (see Figure 1). -
Sports and Concert Facilities / Special Events Golden State Warriors Event Center and Mixed-Use Development SEIR, San Francisco, CA
EDUCATION Mr. Mitchell has provided project management and technical analysis capabilities for a wide variety of projects requiring environmental review, B.S., Civil Engineering, San including transportation and transit, industrial, institutional, commercial, Francisco State residential, mixed-use, educational and recreational projects. He has served University as project director / project manager for a number of CEQA environmental 23 YEARS documents, including environmental review for sports facilities and sporting EXPERIENCE events, capital improvement projects, wineries and vineyards, quarries, university and local school district master plans, specific plans, planned use developments, transit service plans, multi-modal stations, and demolition projects. Mr. Mitchell’s technical analysis responsibilities include required CEQA/NEPA analysis of transportation, air quality, noise, land use and policies, and infrastructure issues. Sports and Concert Facilities / Special Events Golden State Warriors Event Center and Mixed-Use Development SEIR, San Francisco, CA. Project Manager. Paul recently managed a Subsequent EIR for a landmark $1 billion, privately funded development within the thriving Mission Bay neighborhood in San Francisco. The centerpiece is an 18,000-plus–seat event center that will be the new home of the Golden State Warriors basketball team, during the NBA season, and provide a year-round venue for a variety of other uses, including concerts, family shows, other sporting events, cultural events, conferences and conventions. Office, retail, and open space uses and structured parking are also proposed. A Subsequent EIR (SEIR) was prepared for the project, tiering from the 1998 Mission Bay Final SEIR. The project was processed under CEQA streamlining legislation of both AB 900 (“environmental leadership project”) and SB 743. -
Hilton San Francisco Union Square
Hilton San Francisco Union Square 36 37 33 22 23 24 26 15 333 O’Farrell Street, San Francisco, CA | 415-771-1400 11 THINGS TO DO A SHORT DISTANCE AWAY 34 1 Cable Cars – San Francisco’s cable car system is the world’s last manually 27 operated system. An icon of San Francisco, the cable car system forms part of the intermodal urban transport network operated by the San Francisco Municipal Railway. 2 Fisherman’s Wharf & Pier 39 – San Francisco’s most famous waterfront 7 community is one of the busiest and well known tourist attractions in the western United States. Explore our past, join in today’s fun, and catch a glimpse into the 8 future of Fisherman’s Wharf San Francisco! Home to two levels of unique specialty 19 5 28 38 shops that are surrounded by stunning views of the Golden Gate and Bay Bridges, Alcatraz Island and the famous San Francisco city skyline. 3 Alcatraz Island – Offers a close-up look at the site of the first lighthouse and US 6 built fort on the West Coast, the infamous federal penitentiary long off-limits to the public, and the history making 18 month occupation by Indians of All Tribes. Rich in 12 history, there is also a natural side to the Rock—gardens, tide pools, bird colonies, and bay views beyond compare. 9 4 San Francisco Zoo & Gardens – Connecting people with wildlife, inspiring caring for nature and advancing conservation action, the zoo is home to more than 2,000 exotic, endangered and rescued animals in 100 acres of majestic and peaceful 17 25 gardens located directly on the Pacific Coast. -
Ronald Hamburger
The Millennium Tower Settlement, Tilting and Upgrade University of Kansas Ronald O. Hamburger, S.E., SECB March 5, 2020 • Constructed 2005-2009 • 58 stories, 645 ft (197m) tall • Tallest & most expensive residential tower in San Francisco • Views from the Sierra to the Cascades to the Farallon Islands • Most expensive unit sold in 2013 for $13.5 million • Construction Cost - $600 Million Sales Cost - $750 Million 2 301 Mission The Site 350 Mission Transbay terminal and track tube 2012 2009 200 Beale 2017 Salesforce Tower 3 2014 History of the Problem • Ground breaking – 2005 – Settlement predicted 4”-6” • Construction completed 2009 – Settlement reached 10” – Transbay Terminal excavation starts • Last unit sold in 2013 – Settlement 13” • SGH retained in 2014 – Settlement 15” • Litigation initiated in 2016 – Settlement 17” • Adjacent construction complete 2017 – Settlement 18”, Tilt 17” to northwest 4 Some Homeowners Joe Montana Hall of Fame Quarterback Hunter Pence San Francisco Giants Superstar Steph Curry Golden State Warriors Icon 5 Some Homeowners Laurence Kornfield Retired Chief Deputy Building Inspector, City of SF Jerry Dodson Personal Injury Attorney 6 Why did this happen? San Francisco Downtown Area of “infirm” soils based on SF General Plan Subsurface profile (from Treadwell & Rollo) 8 10’ thick mat Subsurface conditions 75’ piles deep into Colma Sand 20’ (6m) – fill & rubble loose sand, brick, concrete, gravel 30’ (10m) – Young Bay Clay marine deposits – last 12,000 years 35’ (12m) – Colma Sand cemented sands with clay binder -
DATE: July 11, 2013 TO: Historic Preservation Commissioners FROM: Daniel A
DATE: July 11, 2013 TO: Historic Preservation Commissioners FROM: Daniel A. Sider, Planning Department Staff RE: Market Analysis of the Sale of Publicly Owned TDR In May 2012, Planning Department (“Department”) Staff provided the Historic Preservation Commission (“HPC”) an informational presentation on the City’s Transferable Development Rights (“TDR”) program. In February 2013, the Department retained Seifel Consulting, Inc. and C.H. Elliott & Associates (jointly, “Consultants”) to perform a market analysis informing a possible sale of TDR from City-owned properties. The resulting work product (“Report”) was delivered to the Department in late June. This memo and the attached Report are intended to provide the HPC with relevant follow-up information from the May 2012 hearing. The City’s TDR Program Since the mid-1980’s, the Planning Department has administered a TDR program (“Program”) through which certain historic properties can sell their unused development rights to certain non- historic properties. The program emerged from the 1985 Downtown Plan in response to unprecedented office growth, housing impacts, transportation impacts and the loss of historic buildings. The key goal of the Program is to maintain Downtown’s development potential while protecting historic resources. The metric that underpins the Program is Floor Area Ratio ("FAR"), which is the ratio of a building’s gross square footage to that of the parcel on which it sits. Under the Program, a Landmark, Significant, or Contributory building can sell un-built FAR capacity to a non-historic property which can then use it to supplement its base FAR allowance. TDRs can only be used to increase FAR within applicable height and bulk controls. -
Class Action Settlement Agreement
CLASS ACTION SETTLEMENT AGREEMENT This Class Action Settlement Agreement (“Agreement”) is entered into as of March 9, 2020 (the “Execution Date”) by and among the Class Action Settling Parties as defined below. Capitalized terms used herein are defined in Section II of this Agreement or indicated in parentheses elsewhere in this Agreement. I. FACTUAL REPRESENTATIONS 1.1 On or about July 21, 2017, Maui Peaks Corporation filed the Class Action against Transbay Joint Powers Authority (“TJPA”), Mission Street Development LLC (“MSD”), and Mission Street Holding LLC (“MSH”) on behalf of themselves and other owners of residential units in the Millennium Tower alleging causes of action relating to Plaintiffs’ allegations concerning, inter alia, the movement and tilt of Millennium Tower; 1.2 On September 14, 2017 Maui Peaks Corporation and NGMII LLC filed a First Amended Class Action Complaint in the Class Action against MSD, MSH and TJPA; 1.3 On or about January 5, 2018, Maui Peaks Corporation and NGMII LLC filed a Second Amended Class Action Complaint in the Class Action against MSD, MSH and TJPA; 1.4 On or about July 17, 2019, NGMII LLC and Ian Kao filed a Third Amended Class Action Complaint in the Class Action alleging causes of action for failure to disclose and for deceptive business practices against MSD and MSH, and causes of action for, inter alia, express indemnity, specific performance, and declaratory relief against TJPA, and Maui Peaks Corporation asserted those same causes of action against the same defendants on its own behalf; -
Transbay Joint Powers Authority
NEW ISSUE – Book-Entry Only RATINGS: See “RATINGS” In the opinion of Bond Counsel, under existing law and assuming compliance with the tax covenants described herein, and the accuracy of certain representations and certifications made by the Authority, interest on the 2020 Tax-Exempt Bonds is excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”). Bond Counsel is also of the opinion that interest on the 2020 Tax-Exempt Bonds is not treated as a preference item in calculating the alternative minimum tax imposed under the Code. Interest on the Senior 2020A-T Bonds is not excluded from gross income for federal income tax purposes. Bond Counsel is further of the opinion that interest on the 2020 Bonds is exempt from personal income taxes of the State of California (the “State”) under present State law. See “2020 TAX-EXEMPT BONDS TAX MATTERS” and “SENIOR 2020A-T BONDS TAX MATTERS” in this Official Statement regarding certain other tax considerations. TRANSBAY JOINT POWERS AUTHORITY $189,480,000 $28,355,000 Senior Tax Allocation Bonds Senior Tax Allocation Bonds Series 2020A (Tax-Exempt) (Green Bonds) Series 2020A-T (Federally Taxable) (Green Bonds) $53,370,000 Subordinate Tax Allocation Bonds Series 2020B (Tax-Exempt) (Green Bonds) Dated: Date of Delivery Due: October 1, as shown on inside cover Bonds. The Transbay Joint Powers Authority (the “Authority”) is issuing the above-captioned bonds (the “Senior 2020A Bonds,” the “Senior 2020A-T Bonds,” and the “Subordinate 2020B Bonds” and, collectively, the “2020 Bonds”). -
Before the Public Utilities Commission of the State Of
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE FILED STATE OF CALIFORNIA 5-01-17 04:59 PM Order Instituting Rulemaking on the ) Commission’s Own Motion to Adopt Reporting ) R.92-08-008 Requirements for Electric, Gas, and Telephone ) (Filed August 11, 1992) Utilities Regarding Their Affiliate Transactions. ) CERTIFICATE OF SERVICE I hereby certify that, pursuant to the Commission’s Rules of Practice and Procedure, I have this day served a true copy of 2016 ANNUAL REPORT OF SOUTHERN CALIFORNIA EDISON COMPANY (U 338 E) ON SUBSIDIARY, AFFILIATE, AND HOLDING COMPANY TRANSACTIONS IN COMPLIANCE WITH R.92-08-008, ORDERING PARAGRAPH NO. 2 on all parties identified on the attached service list R.92-08-008. Service was effected by one or more means indicated below: ☒ Transmitting the copies via e-mail to all parties who have provided an e-mail address. ☒ Placing the copies in sealed envelopes and causing such envelopes to be delivered by hand or by overnight courier to the offices of the Assigned ALJ(s), or by U.S. mail to other addressee(s). Executed May 1, 2017, at Rosemead, California. /s/Jorge Martinez JORGE MARTINEZ SOUTHERN CALIFORNIA EDISON COMPANY 2244 Walnut Grove Avenue Post Office Box 800 Rosemead, California 91770 1 ************ SERVICE LIST *********** Last Updated on 09-MAR-2015 by: JVG R9208008 NOPOST ************** PARTIES ************** Margaret D.B. Brown Attorney At Law Jeffrey F. Beck PACIFIC BELL BECK & ACKERMAN 140 NEW MONTGOMERY ST., RM 1320 4 EMBARCADERO CENTER, SUITE 760 SAN FRANCISCO CA 94105 SAN FRANCISCO CA 94111 (415) 545-9424 (415) 263-7300 [email protected] David A. -
Millennium Tower, San Francisco
MILLENNIUM TOWER, SAN FRANCISCO Settlement, Tilting and Repair John A. Egan GE Ronald O. Hamburger, SE Senior Principal, Simpson Gumpertz & Heger Nathaniel Wagner, PE Project Engineer, Slate Geotech 16 February 2021 • Constructed 2005-2009 • 58 stories, 645 ft (197m) tall • Tallest & most expensive residential tower in San Francisco • Views from the Sierra to the Cascades to the Farallon Islands • Most expensive unit sold in 2013 for $13.5 million • Construction Cost - $600 Million Sales Cost - $750 Million 2 Some Homeowners Joe Montana Hall of Fame Quarterback Hunter Pence San Francisco Giants Superstar 3 The Site 301 Mission 2005-2009 350 Mission Transbay terminal and track tube 2012 2009-2017 200 Beale 2017-18 Salesforce Tower 4 2014-16 History of the Problem • Groundbreaking – 2005 – Settlement predicted 4”-6” • Construction completed 2009 – Settlement reached 10” – Transbay Terminal excavation starts • Last unit sold in 2013 – Settlement 13” • SGH retained in 2014 – Settlement 15” • Litigation initiated in 2016 – Settlement 17” • Adjacent construction complete 2017 – Settlement 18”, Tilt 17” to northwest 5 Why did this happen? San Francisco Downtown Area of “infirm” soils based on SF General Plan 10’ thick mat Subsurface conditions 75’ piles deep into Colma Sand 20’ (6m) – fill & rubble loose sand, brick, concrete, gravel 30’ (10m) – Young Bay Clay marine deposits – last 12,000 years 35’ (12m) – Colma Sand cemented sands with clay binder (bearing pressures up to 6 -8 ksf) 140’ (45m) – Old Bay Clay overconsolidated clays with layers -
Statement of Qualifications
STATEMENT OF QUALIFICATIONS Page & Turnbull FIRM PROFILE Page & Turnbull is interested in the intersection between the built surroundings we have inherited and the way we live now. Our mission is to imagine change within historic environments through design, research, and technology. Page & Turnbull was established in 1973 as Charles Hall Page & Associates to provide architectural and conservation services for historic buildings, resources and civic areas. We were one of the first architecture firms in California to dedicate our practice to historic preservation and we are among the longest-practicing such firms in the country. Our offices are located in San Francisco, Sacramento and Los Angeles. Our staff includes licensed architects, designers and historians, conservators and planners. We approach projects with imagination and flexibility and are committed to the conservation of significant resources—where these resources can be made to function for present and future needs. Our services are oriented to our clients’ time and budget. All our professional staff meet or exceed the Secretary of the Interior’s Historic Preservation Professional Qualification Standards. ARCHITECTURAL SERVICES We emphasize the re-use of existing buildings and the thoughtful application of new design. Solutions for new construction respect existing architectural values and the context of neighboring structures. When analyzing buildings we are skilled in the assessment and treatment of the most significant architectural and historical spaces and elements. We welcome the challenge of solving problems of repair, seismic strengthening, and integrating new systems. Page & Turnbull ensures that projects comply with the Secretary of the Interior’s Standards for Rehabilitation for local, state and federal agency review.