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Resolution Approving Rent Credit Increase for YMCA SF's Building 49 Structural Improvements in Crane Cove Park

  • When: 2025/09/16
  • Address: 701 Illinois Street, San Francisco, California
  • City: San Francisco
  • State: CA
  • Category: Economic Development Incentives
  • Subcategory: Grants
  • Asset Class: Mixed-Use
  • Property Type: Low-Rise
  • Size (SF): 6817 SF
  • Size (Dollars): $150,000

The City Council approved the First Amendment to Port Lease No. 17134 for Building 49, located at 701 Illinois Street within Crane Cove Park. The amendment eliminates a provision that would have reduced rent credits by $6,000 for public restroom operation and maintenance costs. It further provides $150,000 in new rent credits to partially offset unexpected costs related to improving the structural condition of Building 49. The resolution also authorizes the Port Executive Director to enter into any additions, amendments, or other modifications that do not materially increase obligations or liabilities of the City or Port and are deemed necessary or advisable to complete the transactions.

Source

Applicant - Young Men’s Christian Association of San Francisco (YMCA SF)


Jamie Bruning-Miles

Ownership - City and County of San Francisco, acting through the San Francisco Port Commission


Scott Landsittel

Developer - Young Men’s Christian Association of San Francisco (YMCA SF)


Jamie Bruning-Miles

City Representative - Jamie Hurley