socketsite – excerpt
While the Port of San Francisco is in the process of updating its Waterfront Land Use Plan and examining potential uses for the City’s prominent Piers 30-32, the 13-acre site is likely to remain a deteriorating parking lot with sweeping Bay views for at least another decade, and possibly two or three…
But with minimal structural repairs every five years, the Port estimates the existing piers and use could last another 20 to 30 years, which would cost an estimated $6 million in Capital Costs but yield a 350 percent return on that investment.
And given the numbers above, unless a “big idea” emerges, “where location matters much more than cost” and which is sponsored by a development partner “who is willing to obtain state legislation authorizing their project and has the patience to navigate a complicated State and City regulatory process,” the Piers 30-32 site could very well look the same in 20 to 30 years as it does today.
Well, it could look somewhat the same in two to three decades. For even with a bit of periodic maintenance, portions of Piers 30-32 will likely start to fail in 5 or 10 years, at which point Port engineers would simply barricade the failed areas. And of course, all bets are off if – or rather when – there’s a moderate to major earthquake… (more)
Could this be a staging ground for a pilot project for a Muni transit hub since parking is the only use planned? It’s not that far from the bridge.