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Old Posted May 26, 2020, 6:05 AM
timbad timbad is offline
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Join Date: May 2008
Location: Mission Bay, San Francisco
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Warriors hotel gets an initial approval

Quote:
Warriors hotel and condo complex wins initial approval
Joshua Sabatini

A city commission overseeing the redevelopment of Mission Bay unanimously approved the Golden State Warriors 129-room hotel and condominium complex proposal, keeping it on track for a groundbreaking next year.

But first it must receive approval from the Planning Commission, which may vote on the project as early as next week, and the Board of Supervisors.

The Commission on Community Investment and Infrastructure unanimously approved of the proposal Tuesday in a 4-0 vote.

The vote approved a change in land use requirements in the Mission Bay redevelopment plan and associated planning documents. The commission, for example, approved increasing the allowable height limit for the site from 90 feet to 160 feet.

The hotel would have 115 standard rooms and 14 suites, along with such amenities as a ballroom, meetings rooms and a fitness center. The 21 residences, on the top floors, include 13 two-bedrooms, six three bedrooms and 2 three-bedroom penthouses.

The complex would include three restaurants, of which two would have outdoor terraces. There is also a spa. The tallest part of the building is 160 feet and steps down to 84 feet toward the bay.

Gretchen Heckman, a development specialist with OCII, said that the approved changes also allow the Warriors the option to change their proposal “in the event the Warriors need to respond to changed market conditions in the residential market” by giving them the option to build up to 230 hotel rooms and no condos. If the Warriors do decide to change the proposal they would have to return to the commission for approval.

As part of the development, the Warriors will pay the required development impact fees, all of which total $14.4 million. As part of the fees, they have agreed to pay a 30 percent inclusionary housing fee and not the required 20 percent, which is an additional $1.3 million for a total of $4.1 million.
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