The number of concerts planned for the America’s Cup Pavilion on the northern waterfront is being scaled back ahead of a hearing for the venue permit at the Entertainment Commission on Tuesday. Instead of as many as 40 concerts between May 31 and Oct. 15, there will be up to 30, according to pavilion organizers and neighbors. Read More

The projected economic benefits of hosting the America’s Cup sailing race now appear to be significantly lower than promoters once touted when the notion of The City hosting the regatta first surfaced. Back in 2010, as one of the regatta’s selling points, race supporters cited a report that projected economic benefits as high as $1.4 billion. Tuesday, Mayor Ed Lee said the latest projected benefits, which are detailed in a yet-to-be published report, now hover around $780 million. Read More

News that The City could be left holding the bag for millions the America’s Cup Organizing Committee has failed to provide is the exact scenario warned of by prudent city officials not cheerleading for the regatta. And it could cost a bit more than the figures reported over the weekend. Read More

San Francisco is kicking off the year on strong economic footing with employment outpacing much of the nation and the lowest projected municipal budget shortfall in five years. The America’s Cup, the opening of the new waterfront location for the Exploratorium, and several other events and developments will further boost the local economy as the year progresses. Read More