The San Francisco Business Times reports that San Francisco, the home of the Golden Gate Yacht Club is working hard to put together its bid to host the next America’s Cup.
The report says that San Francisco’s economic development arm, which is overseeing the city’s bid, has already received preliminary support from the city’s Board of Supervisors, Port Commission, Recreation and Park Commission and the Convention and Visitors Bureau, as well as the Bay Conservation and Development Commission and Golden Gate National Recreational Area.
Kyri McClellan, a project manager in the San Francisco Mayor’s Office of Economic and Workforce Development says:
“San Francisco has a history of having a tortured process. This early demonstration (of support), we hope will show Mr. Ellison and his team that this can be done.”
The city’s early push to line up support is breaking new ground.
Will Travis, the director of the Bay Conservation and Development Commission says:
“It’s unusual for us to adopt a resolution way in advance. But the commission was comfortable giving an early thumbs-up because, “this is a project which would make the most wonderful use of San Francisco Bay we could imagine.”
There are four sites in San Francisco under consideration for an America’s Cup village. They are Piers 30-32, Pier 50, Pier 80 and the east side of Treasure Island. Each site would need infrastructure upgrades, likely requiring several million dollars worth of improvements and construction. Some, if not most, of that money could come from corporate sponsorship.
For now, city officials are able to keep their costs low as they prepare a bid. As they consider sites, officials are getting free help from a number of local companies, including construction firms Bovis and URS Corp., architects Skidmore Owings & Merrill and law firms Gibson Dunn & Crutcher LLP and Sheppard Mullin LLP. They are also getting help from the Bay Area Council Economic Institute and Beacon Economics to compile an estimate of economic impact of the event.
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