Giants balk at deadline for lot proposal
By: Katie Worth
Examiner Staff Writer
September 29, 2008
SAN FRANCISCO — The San Francisco Giants have asked for another deadline extension to submit development plans for one of the parking lots at AT&T Park.
The 16-acre Seawall 337, better known to baseball fans as Parking Lot A, is a prime piece of Port property just south of the ballpark that has long been slated for development. The Port hopes the development of the valuable land will bring in revenue to fix up the decrepit Pier 70.
Last spring, four investment groups submitted proposals for the site. The top two proposals were from a team involving Kenwood Investments and another involving the Giants. The Kenwood group pitched a plan to establish an arts district, while the Giants proposed an entertainment and restaurant destination. Both plans also included office and residential buildings.
But in August, the two parties announced they were joining forces on the development and asked for a 30-day extension to submit their new proposal.
That deadline was extended to Friday; the Giants and Kenwood team have since asked for another 60-day extension, Port spokeswoman Renee Dunn said. The Port Commission decided to grant a 45-day extension that ends at 4 p.m. Nov. 13, she said.
