Share to Facebook Share to Twitter Bookmark and Share
File #: 141120    Version: Name: Conditional Purchase Agreement - Goodwill SF Urban Development, LLC - 1500-1580 Mission Street - $326,690,953 Anticipated Project Cost
Type: Ordinance Status: Passed
Introduced: 10/28/2014 In control: Clerk of the Board
On agenda: Final action: 12/17/2014
Enactment date: 12/17/2014 Enactment #: 254-14
Title: Ordinance approving and authorizing the Director of Property to execute a Conditional Land Disposition and Acquisition Agreement with Goodwill SF Urban Development, LLC, a Delaware limited liability company (Developer) for the proposed City acquisition of a portion of the real property at 1500-1580 Mission Street, located at the corner of South Van Ness Avenue and Mission Street (Assessors Block No. 3506, Lot Nos. 2 and 3), for approximately $30,296,640 plus approximately $25,884,132 in predevelopment costs, together with a Construction Management Agreement for the completion of an approximately 463,300 gross square foot office building anticipated to cost $270,510,181 for a total anticipated project cost of $326,690,953; exempting the project from contracting requirements in Administrative Code, Chapter 6, and Chapter 14B; and approving the Developer, architect, and general contractor without competitive bidding, but requiring the payment of prevailing wages, implementation of a local business enterprise utilization program, and compliance with the City’s local hire policy and first source hiring Ordinance.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Real Estate Ltr 102814, 4. Cond Land Disp/Acquisition Agrmt, 5. Exhibit B-1, 6. Form 126, 7. Form 126, 8. Exhibit P, 9. Bdgt Analyst Rpt 111914, 10. Comm_Pkt 111914, 11. Leg Ver2, 12. Leg Dig Ver2, 13. Planning Ltr, 14. Board Pkt 112514, 15. Board Pkt 120914, 16. Leg Final
Related files: 141117, 170201, 170464
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.