Emerging Business Incubator Sample Clauses

Emerging Business Incubator. Developer shall reasonably cooperate with the Agency and the City, and as the case may be in consultation with the PAC and CAC, to facilitate the rehabilitation of Building 813 on the Shipyard Site, which totals approximately two hundred sixty thousand (260,000) gross square feet, for use as a center for the incubation of emerging businesses and technologies, including, but not limited to, clean tech, biotech, green business, arts and digital media. Developer shall reasonably cooperate with the Agency to ensure the timely availability of interim and permanent infrastructure to support the renovated building.
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Emerging Business Incubator. The Project includes a business incubation space to jump-start the location and development of innovative business, including cleantech, greentech, biotech, arts and digital media. Game Day Pedestrian Corridor Media Parking PARKING SUMMARY RV Parking Parking Stalls At (2-Story) Suite Deck: 924 (Disabled: 32) (Regular: 892) Parking Stalls At Club Area: 2,098 (Disabled: 80) (Regular: 2,018) Regular Parking Dual-Use Sports Fields No Club & Suites: (Disabled: 420) (Regular: 8,046) 8,466 RV Parking: 225 Transit Parking Buses: 340 Parking Stalls At Area C: 4,362 Total Parking Stalls: 16,415 (Total Disabled: 532) Total Parking Stalls for Media Players within Stadium Security Zone: 544 Accessible Parking R & D Buildings Club Parking Suite Deck Parking Practice Fields Dual-Use Sports Fields Accessible Parking CANDLESTICK POINT AND HUNTERS POINT SHIPYARD PHASE 2 REVITALIZATION PROJECT Plan for Financing and Transaction Structure (Financing Plan) ATTACHMENT 6 CBRE CONSULTING, INC. Sedway Group M E M O R A N D U M 0 Xxxxxxxxxxx Xxxxxx, Xxxxx 000 Xxx Xxxxxxxxx, XX 00000 T 000 000 0000 F 000 000 0000 xxx.xxxx.xxx/xxxxxxxxxx To: Xxxxxxx Xxxxx, Director, Office of Economic and Workforce Development, City and County of San Francisco From: Xxxx X. Xxxxxxxxx-Xxxxxxx and Xxxxxx Xxxxxxxx, CBRE Consulting, Inc./Sedway Group; Xxxxx Xxxxxxx, X.X. Xxxxxxx & Associates Date: October 15, 2008 Subject: Hunters Point Shipyard II/Candlestick Point Draft Financing Plan X.X. Xxxxxxx & Associates and CBRE Consulting (“Consultants”) have reviewed the development plan, draft financial pro forma and Draft Financing Plan for the proposed redevelopment of Hunters Point Shipyard II/Candlestick Point (“Project”). Developer Return Target Based on Consultants’ extensive experience in evaluating large scale mixed-use developments, including military base reuse plans, we are of the opinion that the proposed 22.5 percent per annum target return, after which the Agency participates in profits on a 50:50 basis, is reasonable given the complexity and risk inherent in the Project’s development program. Development of a large-scale mixed-use project, such as the proposed Project is a high- risk venture with uncertainties related to entitlements, construction cost overruns, interest rate and capitalization rate changes, and fluctuations in the local, national and international economies during the 15-year construction period, any of which can significantly impact projected profits. In order to obtain finan...
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