The Bayview Waterfront: Hunters Point Shipyard and Candlestick Point

OVERVIEW

Together, these sites comprise over 700 acres of waterfront land along San Francisco’s southeastern shores. The development project is designed to provide over 10,500 residential units—a significant portion of which will be offered at below-market rates—over 300 acres of new waterfront parks, including a new “Crissy Field of the South”, approximately 700,000 square feet of destination retail and entertainment space and over 2.5 million square feet of commercial space oriented around a “green” science and technology campus, targeting emerging technologies. The project is also being designed to accommodate a world-class football stadium for the San Francisco 49ers.

PROJECT UPDATE AS OF MAY 3, 2009 (See Additional Project Update as of 3.8.10)

The first phase of the Shipyard’s development is already underway (Shipyard Phase 1). Up to 1,600 homes and 25 acres of open space will be built on Shipyard “Parcel A.” Lennar/BVHP, the City’s development partner for Shipyard Phase 1, will begin construction on the first homes in early 2009. The balance of the Shipyard development (Parcels A-3 through E) will be built in association with Candlestick Point as one development project. In May 2007, the Board of Supervisors and the Mayor approved a resolution endorsing a “Conceptual Framework” for the two sites. Building upon the Conceptual Framework, in June 2008 San Francisco voters overwhelmingly approved the “Bayview Jobs, Parks and Housing Initiative” (Proposition G), which outlined the goals and principles upon which the City may move forward with redevelopment of the integrated area.

• Financing Plan. In December 2008, the Mayor, Board of Supervisors and Redevelopment Agency approved a draft Financing Plan for the integrated Shipyard/Candlestick development project. The purpose of the Financing Plan is to describe the project funding necessary for public amenities and infrastructure, to evaluate the financial feasibility of the project, to describe the basic transaction structure among the City, Redevelopment Agency and the developer, and to describe the financial principles and transaction structure that would govern the 49ers stadium development. The Financing Plan serves as the basis for negotiating the financial terms of a comprehensive disposition and development agreement with the developer (DDA), which sets forth the final development plan and program and the developer’s obligations pursuant to an agreed upon schedule.

• CALReUSE Brownfields Clean-up Grant. In November of 2008, the City was awarded a $12.4 million grant from the State of California's “California Recycle Underutilized Sites (CALReUSE)” Brownfield Remediation Program. The grant funds will be used to complete the cleanup of contaminants that are not the responsibility of the Navy’s clean-up effort. Senator Feinstein, Board of Equalization member Betty Yee, as well as Senator-elect Leno wrote to in support of the Shipyard’s grant application, which was one of the largest awarded.

• Urban Design Plan. In January 2009, the two citizens groups with jurisdiction over the project, the Mayor’s Hunters Point Shipyard Citizen’s Advisory Committee (CAC) and the Bayview Hunters Point Project Area Committee (PAC), endorsed the project’s Urban Design Plan. The Urban Design Plan provides policy direction and guiding principles for the development of the urban form and proposed land use program, which includes both stadium and non-stadium development plan alternatives. The Urban Design Plan serves as the basis for the City’s development control documents (Design for Development and Open Spacl Plans) which will be used by the City to the implement project as it gets built out, and as the basis for the City’s general plan and the Shipyard & Bayview Hunters Point redevelopment plan amendments.

• Next Steps. Within the next year the City and the developer will sign a Disposition and Development Agreement (DDA), which obligates the developer to construct the horizontal infrastructure improvements including the parks, roads, utilities and transportation infrastructure improvements as well as provide funding for various affordable housing and community benefit programs. Components to be finalized in the coming months and included in the DDA include:

º Open Space Plan
º Transportation Infrastructure and Service Plans
º A Sustainability Plan
º A Housing Plan will provide for the development of market-rate, affordable, public housing replacement at Alice Griffith, and workforce housing units. 

º A Community Benefits Plan will provide for a wide range of funding, facilities and programs intended to benefit the local Bayview community, including the City’s workforce training strategy for the development.


DOCUMENTS CURRENTLY AVAILABLE

• DRAFT Executive Summary
• DRAFT  Sustainability Plan Briefing Book
• DRAFT Transportation Plan
• Financing Plan and Transaction Structure
• Urban Design Plan
• Land Plan Community Workshop Summary
• Conceptual Framework for Development

PARTNERS

The integrated development of the Shipyard and Candlestick Point is one of the largest redevelopment projects in the history of San Francisco. Therefore the need for partnership among public and private agencies and community groups is virtually unprecedented. Key partners include:

• Lennar Communities
• San Francisco Redevelopment Agency
• San Francisco Planning Department
• San Francisco Recreation and Parks
• California State Parks
• Bayview Hunters Point Project Area Committee
• Mayor’s Hunters Point Shipyard Citizens Advisory Committee