Search
 

No Final Answer for Presidio Project

SAN FRANCISCO-While the Presidio Trust board of directors has reaffirmed its support for the 1,500-acre Presidio redevelopment blueprint, it failed to give its final approval at a meeting yesterday.

By Michelle Savage | Updated on July 12, 2002

SAN FRANCISCO-The Presidio Trust board of directors delayed giving final approval yesterday to a blueprint guiding the future of the former Army base as it is molded into self-sufficient national park.

Trust spokesman Ron Sonenshine says the final plan will likely be voted on in August or September. “They did not take a final vote today but the board, in effect, reaffirmed their support for the plan,” Sonenshine says. “They asked staff to come back and give some more documentation so they can take a final vote in several weeks.”

Created by Congress in 1996, the Presidio Trust is charged with preserving and enhancing the park’s natural, historic and scenic resources while becoming financially self-sufficient by 2013.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.