Despite concerns about potential cost overruns and a lack of local firms hired to work on the Central Subway project, Muni officials Tuesday approved an $840 million contract for the $1.6 billion transit-extension plan.
The contract — awarded to Tutor Perini, a large contractor based in Southern California — covers the construction and installation of three stations, 1.5 miles of tracks and a new train-control system.
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An $840 million contract for Muni’s Central Subway project — a pact that accounts for more than half the total cost of the undertaking — is up for approval Tuesday.
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A recent report by a federally placed overseer monitoring the $1.6 billion Central Subway project laments that the controversial line is at risk of falling significantly below Federal Transportation Administration minimums for both time and money contingencies.
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Despite its deceptively low-key title, Muni Contract 1300 will cover construction of the vast majority of the agency’s Central Subway project, including three stations, the trackway and a train-control system.
It’s also about $100 million more expensive than originally anticipated.
That overrun will eat up about half of the contingency funds available for the project, which will extend the T-Third Street light-rail line 1.7 miles from South of Market to Chinatown.
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Tunnel-boring machines for Muni’s Central Subway project are set to arrive in San Francisco this week, with digging expected to begin in June.
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Potential cost overruns have surfaced less than two months after Muni’s Central Subway extraction project in North Beach was approved, although the agency expressed confidence it would be able to stay on budget.
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A new, 220-room hotel could spring up in South of Market right in the middle of San Francisco’s convention hub.
There currently sits an approximately 30-foot-tall building on Fourth Street between Howard and Folsom streets that houses Olivet Theological University. But under a proposal that is scheduled for approval Thursday at the Planning Commission, that low-slung building would be razed to make room for an 11-story, 220-room hotel, according to documents.
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In a city known for its top-notch cuisine, outdoor restaurant seating can be precious real estate. Piazza Pellegrini on Columbus Avenue has the rare luxury of a spacious outdoor patio — a perk that is all the more coveted in the ultra-dense North Beach neighborhood — but owner Dario Hadjian isn’t exactly counting his blessings right now.
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A plan to bring up Muni’s Central Subway machinery at an abandoned theater in North Beach was approved Tuesday by the agency’s board of directors.
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A deal has been reached to bring up Muni’s Central Subway machinery at an abandoned theater in North Beach.
The transit agency, along with Board of Supervisors President David Chiu and the Mayor’s Office, had been locked in talks to lease out the Pagoda Palace as a way to store equipment and extract tunnel-boring machines needed for the 1.7-mile transit extension project.
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