Candlestick Point definition
Examples of Candlestick Point in a sentence
The City will convey its interest in the Old Stadium Development Site and Park Addition to the Agency in accordance with the terms of that certain Agreement for Transfer of Real Estate (Candlestick Point Property) by and between the City and the Agency dated as of the Reference Date, a copy of which is attached hereto as Attachment 3 (as amended from time to time, the “RecPark Land Transfer Agreement”), upon the termination or expiration of the 49ers Lease and the 49ers Departure.
If the Developer enters into negotiations with the Agency regarding a DDA relating only to the Shipyard, and not including development of Candlestick Point, Developer shall meet and confer with Lead Organizations and the ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Resident Council to consider options to rebuild ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ promptly as part of that Shipyard development.
The timing of the Closing Phases is to be determined by the Agency, with Closing Phases expected to proceed concurrently with the phased redevelopment currently planned for Candlestick Point.
The Hunters Point Shipyard and Candlestick Point Phase II Project (“Phase II Project”) is designed, over the expected 15-20 year phased build out, to provide over 10,500 residential units, over 300 acres of new waterfront parks, approximately 700,000 square feet of destination retail and entertainment space and over 2.5 million square feet of commercial space.
Vertical Developer acknowledges and agrees that the Property is, and will continue to be, included within and subject to the Candlestick Point- Hunters Point Shipyard Transportation Demand Management Program (the “Transportation Management Program”), which includes a Candlestick Point-Hunters Point Transportation Management Association (the “Transportation Management Association”).
State Parks subsequently prepared a park acquisition plan including areas near and along the shoreline of Candlestick Point, and acquired certain private lands within the acquisition plan area to create the Candlestick Point State Recreation Area (“CPSRA”).
The Redevelopment Agency of the City and County of San Francisco (the “Redevelopment Agency”) and Developer entered into that certain Disposition and Development Agreement (Candlestick Point and Phase 2 of the Hunters Point Shipyard), dated as of June 3, 2010, and recorded in the Official Records of the City and County of San Francisco (the “Official Records”) on November 18, 2010 as Document No. 2010-J083660-00 at Reel K273, Image 427 (as more particularly defined therein, the “DDA”).
The State's sovereign interest in the filled tidelands at Candlestick Point involves primarily BTLC reserved streets and portions of a former railroad right-of-way.
In June 2008, the voters of the City approved Proposition G, the "Mixed Use Development Project for Candlestick Point and Hunters Point Shipyard." In 2009, the Legislature enacted Chapter 203, Statutes of 2009 (“SB 792”) for the purpose of facilitating the productive reuse of the former Hunters Point Naval Shipyard and Candlestick Point in a manner that furthers the purposes of the Public Trust and the Community Redevelopment Law.
Owner is the master developer of Candlestick Point and Phase 2 of the Hunters Point Shipyard (the “Project”) in the City and County of San Francisco, California (the “City”).