C ITY & C OUNTY OF S AN F RANCISCO C APITAL P LANNING P ROGRAM FY DRAFT CAPITAL PLAN REVIEW Moscone Center Capital Improvements February 22, 2010
Moscone Center North & South Capital Improvements: Overview Significant improvements to aging Moscone facilities are critical in order for the City to remain competitive in today’s convention and meeting marketplace. Many first tier cities, like San Francisco, across the country are expanding and/or renovating their existing facilities, making them more attractive to planners. The City is at risk of losing market share if major improvements are not initiated immediately. 6/11/2016 2
Moscone Center North & South Capital Improvements: Status Airwall Replacements Esplanade Ballroom – completed December 31, 2009 Moscone North Hall E – completed February 15, 2010 Fire Life Safety System Upgrade 75% Complete 120-day “Deep Dive” Project Start – February 1, 2010 Estimated Completion – May 27, 2010 Comprehensive report of project scope, projected budget and timelines to be prepared by public/private partnership of DPW Project Management and Jones, Lang, LaSalle (JLL). 6/11/2016 3
Moscone Center North & South Capital Improvements: Project Budget Proposed Expenditures: COP Projects – $35,000,000 TID Projects– $30,470,000 Moscone Expansion Start Up Costs - $7,530,000 Projected revenues COP Proceeds – $35,000,000 (approximate net) TID Proceeds – $38,000,000 (current projection) Expenditures & Encumbrances to Date: Esplanade Ballroom Airwall Replacement Project - $2,371,983 Hall E Airwall Replacement Project – $1,238,895 Fire Life Safety System Upgrade Project - $1,158,711 Deep Dive – DPW $40,000 + JLL $224,450 6/11/2016 4
5 Moscone Center North & South Capital Improvements: Challenges/Opportunities Difficult to schedule projects in a fully operating convention center Capital improvements will result in infrastructure & aesthetic enhancements necessary for San Francisco to stay competitive
Moscone Center Capital Improvements Questions? 6/11/2016 6