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The Presidio of San Francisco

The Presidio of San Francisco. Presidio Trust Overview. Opportunities. Preservation of historic buildings Accelerate pace of rehabilitations Generate revenue Increase area housing supply Bring people to the park Re-establish the Presidio community. Challenges.

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The Presidio of San Francisco

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  1. The Presidio of San Francisco

  2. Presidio Trust Overview

  3. Opportunities • Preservation of historic buildings • Accelerate pace of rehabilitations • Generate revenue • Increase area housing supply • Bring people to the park • Re-establish the Presidio community

  4. Challenges • Understanding what we have • Limits on Trust’s role in deal • “Ground” lease structure • 106 vs. tax credit compliance • Overlapping review responsibilities • Functional relatedness • Tension with other values

  5. PHSH View Towards The Richmond

  6. PHSH Challenges • Functionally related buildings required amendment of Programmatic Agreement • Coordination of preservation and environmental remediation goals • Predictability as to Trust’s design guidelines and tax credit review

  7. Lessons Learned • Understand what you have • Get the right technical help • Recognize and respect each party’s needs and align interests • Early outreach to constituents • Pick your partner carefully

  8. The Presidio of San Francisco Adam Engelskirchen, Director of Real Estate, Presidio Trust

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