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That are charging great rents but the experiences are not that great. I see a lot of opportunity to provide otherwise improvement to that corner, you guys all know the corner, we have a month to month rent with the bike shop that says basically free bikes on the outside of the building. Commissioner johnson. Thank you. You can have a seat. Thank you though. Ill be pretty short here. This project hasnt changed other than the agreement with the childcare facility from last time. I can still consider this a land use issue. The changes to the project makes it more of a residential project with transient occupancy and with the online projects, i try to side on the side of the project sponsor and sort of see the bright side of what is being proposed for us. On this particular one, i think there are issues with the lot and i dont think of it just as the dividing line, spoken about by various people in Public Comment but generally speakin ....
Theres been a strong desire to see improvements in the area. Sponsor has indicated that they will be responsible for maintenance and liability of the proposed improvements. Proposed improvements would consist of public works standard materials and maintenance covenant outlined as part of the encroachment permit and specific work will be established. The city is exploring a Community Facilities district to provide maintenance operations. The exact terms are being developed. If a cfd is established, funding could be generated by an annual tax agreed upon by all properties. The sponsor has committed to participating in a cfd to provide additional funding for maintenance and improvements in oak plaza the planning department, department of public works, department 7 real of real estate and City Attorneys Office has reviewed it and weve provided rounds of feedback. Pla ....
For Fishermans Wharf to succeed, to go from north beach to Fishermans Wharf, we had an area that was dicey to say it mildly the the people who took on an amazing transformation is one of a kind and i think its pride of that success, including giving large numbers of people the ability to be live in decent housing and par take in how good housing lifts you up from nowhere to somewhere. That makes me want to stand with the remaining side, literally the pivotal side of the project to be a housing site. I have walked the site four times since we left, had our meeting and i have gone around it. I have observed it in the morning, in the afternoon, in the middle of the day at lunch. I walk down to the wharf and each time i go by, you can only be proud of this particular part of town. Its amazing. Its a lovely neighborhood and everything about it works. And its for that very reas ....
Elevation to stevenson. When we think of popus, we can put it on market, stevenson, through block or behind the lobby. It breaks the continuity of the Market Street store front and alike. Likewise, the long narrow alley doesnt offer anything but a dark passage way. Initially we didnt like stevenson street, therefore we proposed to put it where you have in your package but staff is right, the way it is in your package is less than ideal. We propose to the commission that you improve this conditional use with a provision that the popus be returned to the roof, the 2400 square feet on the roof is sunny, it has nice views, nice amenities. Its very much the neighborhood pattern. If thats not the preference, we believe we can work out popus on stevenson as a forecourt to the lobby. With that, we would like to hear the thoughts the commission may have on the popus location and other thoughts on the hotel design and we hope for your approv ....