Finalization of the lease terms clears the path for several important events to take place on:
• February 14: The planning commission will consider a related special use district (SUD) ordinance and Conditional Use application that enables the Pagoda Palace property owner to retain his existing development rights
• February 19: The SFMTA Board will meet to consider the lease agreement
• February 25: The board of supervisors’ land use committee will consider the special use district legislation.
The project will also require National Environmental Policy Act (NEPA) clearance by the Federal Transit Administration. If all of the necessary legislative processes and approvals occur by April 1, then the demolition of the Pagoda Palace site can then commence. Before any construction begins, the SFMTA will conduct building surveys on the properties adjacent to the Pagoda Palace site to assess existing conditions.