Port Commission Modernizes Leasing Rules as Piers 30-32 Developer Eyes Path Forward

The San Francisco Port Commission moved on two fronts to fill its waterfront vacancies March 10, unanimously adopting five resolutions that overhaul how it leases 25 million square feet of property while hearing an increasingly optimistic progress report on the $400 million Piers 30-32 redevelopment. Commissioners also charted an ambitious waterfront naming policy, advanced a blue economy hub strategy, and accepted nearly $5 million in ferry transit funding.

• Five resolutions overhaul port leasing rules, restoring broker commissions, expanding tenant improvement credits, and giving staff new tools to fill persistent vacancies across a $131.6 million revenue portfolio

• Piers 30-32 developer Strata Investment Group identifies six strategies to close a $125 million infrastructure gap, including cross-laminated timber construction and phased community benefits

• Board of Supervisors approves Fisherman's Wharf Entertainment Zone, allowing bars and restaurants to sell alcoholic beverages to-go during special events along the northern waterfront

• Port moves to join 43-block Downtown SF Partnership benefit district by 2027, bringing ambassador and activation services from the Agriculture Building to Pier 7

• Commission accepts $4.97 million state grant for Mission Bay ferry landing and Ferry Gate B improvements

• Draft naming guidelines draw expansive commissioner feedback, with proposals for corporate sponsorship revenue, a waterfront "walk of fame," and honoring living contributors