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Old Posted Aug 26, 2012, 7:01 PM
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coyotetrickster coyotetrickster is offline
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Join Date: May 2006
Location: San Francisco
Posts: 502
Originally Posted by lz131313 View Post
You just contradicted yourself..... The sales of the tower will be important to help fund the rest of the terminal/park
No, I did not contradict myself. The transbay tower is not crucial to SF. The train/transit station infrastructure, and which is under construction, is crucial. The Tower was always a separate and distinct commercial entity. The sale of the land was crucial to the funding of the station. That is done. The tower, of course, would provide additional tenant space in a very, very hot part of the city. But there are also plenty of titled spaces already coming out of deep freeze that will provide close to the same amount of square footage as the Transbay Tower. The development and community fees would be used to the park amenities (on top of the train station). But that was long term. Again, my comment was addressed solely to the post that said this is crucial to SF. It is not, there are plenty of building projects with permits in the process of being pulled.
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