With China Development Bank (CDB) nearing a deal to provide the capital to kick-start the development of Hunters Point and Treasure Island, China’s Vantone Holdings Co. is now in early talks with the City about plans to develop San Francisco’s 206,000-square-foot Pier 19 “into space for Chinese companies seeking to do business in the United States.”
∙ Turning To China For Capital To Kick-Start Developments In SF [SocketSite]
This sounds like a good business development of the site.
Being able to preserve the historical look of the pier, and pass off the needed maintenance costs sounds like a winning plan.
This development will further link San Francisco economic prowess to Pacific-rim business investment.
Yup, sounds like a great use of the space to me, and good for San Francisco’s long term future.
why there? why not just admit it and buy city hall?