The 34th America’s Cup will go on as planned on San Francisco Bay this summer with the same large catamarans despite last week’s fatal training accident, regatta officials said Tuesday.
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The news that The City’s nascent cruise ship terminal could well lose San Francisco boatloads of money is disturbing, but hardly unanticipated.
Last year, SF Weekly obtained a January 2012 e-mail from Port of San Francisco Director Monique Moyer to her staff lamenting the proposed cruise ship terminal’s financial baggage.
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Revenue projections show that the Port of San Francisco could take a fiscal bath on the new Pier 27, but officials insisted Monday that those losses can be offset through passenger spending at local businesses.
Built with $53.7 million in bond money, the James R. Herman Cruise Ship Terminal is scheduled to take its first boatload of visitors in August 2014, according to Elaine Forbes, the Port’s deputy director of finance.
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The death of Olympic gold medalist Andrew Simpson, who was trapped underwater after the Artemis Racing team’s 72-foot high-tech catamaran capsized and broke apart in a training run Thursday, was precisely the type of incident that critics of billionaire Larry Ellison’s approach to the America’s Cup have feared.
The new boats were selected by Ellison after his Oracle team won the Cup in 2010. Under the race rules, the winners decide where and how the next competition is held.
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The operators of the America’s Cup Pavilion made a voluntary agreement with nearby neighbors that if they were given permission to host 30 concerts there this summer, they would not apply to host shows at a similar venue around Piers 27-29 for 10 years.
Live Nation, the operator of the outdoor music venue, was not required to impose such a restriction, but felt it was the proper thing to do after speaking with neighbors.
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A permit to allow Live Nation to hold a summer concert series at the America’s Cup Pavilion has been appealed.
The appeal is scheduled to be heard May 8 by the Board of Appeals.
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Food trucks will not be allowed in the America’s Cup Park or America’s Cup Village during the upcoming international regatta, the San Francisco Business Times reported.
The event’s “master concessionaire,” Levy Premium Foodservice, has asked for applications for 27 food and beverage slots and 12 booths, but has specifically excluded food trucks, according to the newspaper. It’s also looking for vendors for a separate 5,000-square-foot sports bar and food and beverage outlet.
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With America’s Cup racing set to kick off in three months, a key piece of The City’s waterfront is about to undergo a major facelift.
The summer of racing begins July 4 when the first boats take to the water for the Louis Vuitton Cup, and in the next couple of weeks organizers will begin transforming Piers 27-29 into America’s Cup Park, the hub of the world’s biggest sailing event.
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The entertainment permit that would allow dozens of concerts to be held at the America’s Cup Pavilion was approved unanimously Tuesday night by the Entertainment Commission, despite objections from surrounding neighborhoods.
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Wet weather postponed “emergency” repairs to Coit Tower’s leaky roof throughout the winter, while a long-awaited $1.5 million rehabilitation of the entire deteriorating San Francisco landmark has been delayed until after the annual crowds of tourists go home in October.
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