The San Francisco Board of Supervisors approved an ordinance amending the Redevelopment Plan for the Bayview Hunters Point Redevelopment Project Area (BVHP). This amendment authorizes the transfer of up to 2,050,000 square feet of research and development and office space from the Hunters Point Shipyard Redevelopment Plan Project Area Phase 2 to BVHP Zone 1. It also extends the Redevelopment Plan's time limits for BVHP Zone 1. The ordinance is consistent with the California Environmental Quality Act and the General Plan, promoting long-term growth and economic revitalization.
This amendment enhances economic development by reassigning research and development capacity to the Bayview Hunters Point area, facilitating job creation, innovation, and sustained growth within a key San Francisco neighborhood.