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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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.
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One of the biggest concert venues in San Francisco will temporarily occupy space on The Embarcadero this summer, a late addition to plans surrounding The City’s hosting of the America’s Cup.
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The America’s Cup World Series practice races went uninterrupted Tuesday despite the inexplicable actions of a fully clothed man who jumped off a pier at Fort Mason and swam toward an area where sailors were working out.
The man, who was not identified by police, jumped into the Bay about 3:30 p.m. After the Coast Guard pulled him from the frigid waters, he became combative, police Sgt. Daniel Greely said. Coast Guard officials restrained him before turning him over to police.
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In less than three weeks, the first events of the America’s Cup will be coming to the San Francisco Bay, and organizers are working to make the World Series regatta event inviting to all.
Tom Ehman, vice commodore for the Golden Gate Yacht Club, said the boats will sail so close to shore, it will appear as if spectators can reach out and touch them.
“It will be something the sailing world has not seen before,” Ehman said.
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A four-alarm fire that caused $2.4 million in damage to San Francisco’s Pier 29 last month was apparently caused by welders doing work in the building, a Fire Department spokeswoman said Monday.
The fire was reported about 1:50 p.m. June 20 at the two-story waterfront building at the intersection of The Embarcadero and Sansome and Chestnut streets.
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In the race to prepare The City’s waterfront for the 34th America’s Cup, the Port of San Francisco is proposing to eliminate the usual competitive-bidding process for $17.1 million worth of construction work.The waiver is necessary, the Port says, because the standard process of three to four months would not leave enough time for work to be done for planned August events.
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America’s Cup organizers have netted only a fraction of the funds The City needs this year to plan the massive 2013 yacht race, but officials said as soon as they receive their tax-exempt status, the money will start flowing.
If it doesn’t, San Francisco taxpayers will be on the hook.
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The agreement to bring the America’s Cup regatta to San Francisco was modified in ways that could result in more costs to The City than previously anticipated, according to a budget analyst’s report released Thursday night.The report calls into question the validity of the agreement, one of Mayor Gavin Newsom’s final acts before leaving office.
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URL: http://www.sfexaminer.com/topics/regatta