Mayor Gavin Newsom will join construction and building trades union members at a rally at noon in support of development stimulus and jobs legislation. The rally will begin at 11:30 a.m. at City Hall on the Polk Street steps.
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Development and employment numbers could get a boost through a new local stimulus package being pushed by Mayor Gavin Newsom.The mayor stopped at the Laborers International Union on Wednesday to discuss his legislation aimed at jump-starting development in The City and employing thousands of out-of-work builders citywide.
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The first long-term ramp closure of the $1 billion Doyle Drive reconstruction project south of the Golden Gate Bridge in San Francisco begins Jan. 10.
The off-ramp from northbound Doyle Drive to southbound Park Presidio, which drivers use to go from the Presidio and the Marina district south through the city, will remain closed until 2013.
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Construction is expected to be completed today on the transit agency’s Grade Crossing Improvement Program, which will enhance safety at 25 county crossings. Crossings at Oak Grove and Ravenswood avenues in Menlo Park and Fair Oaks Lane and Watkins Avenue in Atherton were expected to be completed this morning. Also, repair crews were replacing cross ties on the track between the Bayshore and Millbrae stations.
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Crews working on the Doyle Drive rebuild may have uncovered an extremely rare plant within the construction site, but the unforeseen discovery isn’t expected to delay the schedule of the $1 billion project.
Botanists are still trying to confirm the discovery of a Franciscan Manzanita plant, which was presumed to be extinct in the area after not being seen in the wild for decades, according to Molly Graham, spokeswoman for the Doyle Drive project.
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An unexpected delay in funding for the new Transbay Terminal could set construction plans back months and cost the project another $100 million.
The transformation of the existing Transbay Terminal, a 70-year-old building on Mission and First streets, into a modern regional transit hub is expected to provide 45,000 jobs.
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The abandoned Hibernia Bank building in the Tenderloin has been sold for $3.95 million, according to the listing broker, Stanley Lo.
The deal will transfer the building as is to a San Francisco-based commercial development and construction business, Lo said.
The building was listed at $4 million but the price was dropped for a cash deal, Lo said.
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