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Work hand in hand with one Treasure Island to provide jobs for residents on ti. We look forward to expanding that rube biconprogram has a long history of providing opportunities for folks with barriers to employment and overcoming other challenges. Thanks so much. Thank you so much for coming and giving us those statements. We look forward to working with you. Are there other Public Comments . Thank you all for your wonderful presentations today and this is very exciting topics. We are going to be creating more parks than the golden gate park. We need to reiterate that for not just San Francisco but for the entire region, the points if destination no one has ever imagine order or seen before. We are all working together to make that happen. Thank you. Item six. Discussion of future agenda items by directors. To follow u ....
Good noon. Welcome to the Planning Commission of february 20, 2020. Please turn off any cell phones. If you would like to state your name for the record. Before we begin, those persons standing and cannot find a seat, youre creating a fire has haza. We have set up room for 16 on this floor where youll be able to watch and listen to these proceedings and when the item of interest youre here for comes up, youll be allowed to come in and provide public testimony. So, unfortunately, if you dont have a seat, youll have to make your way to room 416. I would like to take role. Tea role call . Disagree expect commissioner diamond to expect us shortly and commissioner richards to be absent. First is consideration of items proposed for a continuance. Item one, 2810001018, 4211 26th street, propose ford a continuance to ma march 12th 12th and item 2 at 2254 green street, a discretionary review proposed for indefinite discontinuance. And ....
It is economics. I apologize for the wonky notes. When we had the consultants look at the occurrence, the way they started, they looked at wetland costs today. They looked at what Construction Costs today which is astronomically going up between 515 per year. And they looked at what rents are today. That is how you start one of these things. They came back and they said, office space doesnt work. And we said, that is not a good answer because they are trying to build it. What did you do wrong . They said, what we think we did wrong is we need to understand that these projects have been in the pipeline for a while. What that means is they probably got their land for a little bit less. We know it they bought their land for. They may or may not have contract guaranteed minimum contract with a contractor that gives them some shielding, probably not too much. The last piece is that we are looking at todays rents, as high as they ar ....