AB 1176 (Ammiano) Pier 70 Infrastructure Financing District
Trustee for the People of California The Port holds 7.5 miles of the City’s Bay waterfront, including Pier 70, in trust for the people of California. Since the State’s transfer of the property to the City in 1969, Pier 70 has remained fallow, failing to attract private investment. AB 1176 (Ammiano) expands the Port’s infrastructure financing powers, by enabling capture of 90% of growth in property taxes from Port revitalization efforts in the Pier 70 area, provided that the Port expends at least 20% of these revenues on: • Waterfront parks and public access to the Bay; • Environmental remediation of the contaminated shoreline; and • Removal of Bay fill. These purposes are consistent with State policies for San Francisco Bay as expressed in the public trust doctrine and BCDC’s Special Area Plan.
Potrero/Dogpatch Mission Bay AT&T Park
Pier 70 Area
Pier 70 Pier 70 is a 65-acre brownfields site on San Francisco’s Central Waterfront. For over 150 years, some portion of this site has been in use for ship building and repair. The federal government controlled portions of the site until 1967. Now, Pier 70 is poised to become one of the City’s most unique new neighborhoods, preserving the history that helped make San Francisco a world-class waterfront city. Pier 70 Preferred Master Plan Since 2006, the Port has been conducting a public planning process to develop a Pier 70 Preferred Master Plan that is supported by the public and reconciles Pier 70 regulatory, economic, maritime, historic preservation, open space and shoreline access issues. The Plan calls for: • A National Historic District and adaptive reuse of 700,000 square feet of Historic Buildings • Continued operation of the Ship Repair Yard • Up 20 acres of Waterfront Open Space • 3 million square feet of appropriate infill development • Environmental Remediation • New infrastructure to support Plan
Pier 70 Preservation Culture Jobs Parks Neighborhood History Bay
Historic Pier 70
Extraordinary Pier 70 Costs The cost to remediate Pier 70, build new parks and save its historic resources will be extraordinary. In 2008, San Francisco voters voted 68-32% to invest 75% of new local taxes from development of Pier 70 to improve the site. AB 1176 will close a financial feasibility gap of more than $50 million and fund critical shoreline restoration, allowing waterfront access to San Francisco’s eastern neighborhoods in this area of the waterfront for the first time in generations. Ship Repair The Port owns the largest floating drydock on the west coast of the Americas. The Port’s ship repair operation provides 300-1,000 highpaying skilled jobs for each vessel repair job. The Ship repair use is an important maritime use that supports the Port’s mission and supports many of the regions and nations maritime ship repair needs. Pier 70 Historic Resources
The State Office of Historic Preservation has determined that the site’s approximately 40 historic structures and features are eligible for listing on the National Register of Historic Places. Many of Pier 70’s historic resources, including the Union Iron Works and Bethlehem Administration buildings, are condemned and are deteriorating.
Pier 70 Environmental Contamination
Pier 70 Preservation Culture Jobs Parks Neighborhood History Bay