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Port Recommends Company for Exclusive Negotiating Rights On $37 Mil Pier Project

SAN FRANCISCO-The San Francisco Port Commission will meet this week to discuss plans for the $37.2 million pier plan. The staff will recommend that the port enter exclusive negotiations with the San Francisco Waterfront Partners, a joint venture between the Jefferson Co. and Putnam Waterfront Partners.

By Becky Bergman | Updated on January 10, 2001

SAN FRANCISCO-The San Francisco Port Commission will meet this week to discuss a $37.2 million pier plan that would bring $8.7 million in rent payments to the port from 2003 to 2012. The proposals cover Pier 1.5 and portions of Piers 3 and 5. The proposal calls for four restaurants, offices, docking for boats and an expanded port walk.

Port staff is recommending the commissioners give exclusive negotiating rights for the project to San Francisco Waterfront Partners – a joint venture between the Jefferson Co. and Putnam Waterfront Partners. The commissioners will vote this week on the proposal and are expected to follow staff recommendations.

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