Pier 27 makes way for America’s Cup

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(KTSF by Sean Au)

To make way for the America’s Cup in San Francisco, 77 businesses at Piers 27 and 29 will be relocated with help from the Port of San Francisco.

San Francisco’s Embarcadero will be the key viewing spot for the America’s Cup in 2012 and 2013. Construction work at the James R. Herman Cruise Terminal will begin next February and it will be an 88,000-square-foot, two-story facility. Also in the works, is the Northeast Wharf Plaza, which will become a 2.5-acre public space.

Teatro ZinZanni will move to a brand new facility at what is now a parking lot at Embarcadero and Broadway. Bauer’s Intelligent Transportation will relocate to Pier 50.

Mayor Ed Lee says, “These are great solid businesses for the City. They employ a good number of people. We want to keep that entertainment going, that transportation going.”

The Chinese Chamber of Commerce, which leases space from the Port of San Francisco, will also get a new lease at Pier 50.

Project Manager of the Mayor’s Office of Economic and Workforce Development, Anne Taupier says, “The chamber stores some of their floats for the Chinese New Year parade at Pier 27 and they will be picking that opportunity up. It’s about 14,000-square feet and moving it to the new site at Pier 50 before the end of the year.”

A total of 77 businesses will leave Piers 27 and 29 over the next two years and the Port of San Francisco will be paying for their moving costs. The America’s Cup is expected to pump $1 billion into the City’s economy.

(Copyright 2011 KTSF.  All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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