Port of San Francisco seeks a new partner for shipyard lease

The Port of San Francisco is proud to circulate this Request for Proposals seeking a partner to lease a historically successful ship repair facility and its related equipment (“the Shipyard”) that collectively is undergoing an unprecedented refresh of new investment. As a public agency the Port is seeking a partner that will fulfill the critical goals of continuous operations and associated employment to achieve financial returns for both the lessee and the Port, the port said in a media release.

The Shipyard Site includes approximately 14.7 acres of land improved with sixteen buildings and 17.4 acres of submerged lands with tenant-controlled access. Additionally, the Shipyard includes significant Port-owned assets, including floating Dry Dock #2, floating Dry Dock Eureka, and an 8k ampere Shoreside Power System.

The Opportunity also includes the ability to benefit from Port investments and agreements improving the operational profile at the Shipyard, both from the recent past and currently underway. These include, but are not limited to:

A $5 million project completed in 2008 that upgraded Dry Dock #2 to post-Panamax lifting capacity.
A significant electrical system upgrade and power grid separation project currently underway and anticipated to be completed in April, 2018.

Construction of a new 19th Street extension off of Illinois Street to give the Shipyard a more direct access and minimize conflicts with new tenants in the area anticipated to be completed in April, 2018.
Demolition and removal of two structurally deficient buildings, creating 20,000 additional feet of usable land area and other improvements to Shipyard facilities and buildings, currently underway and anticipated to be completed in April , 2018.

A dredging project to include a dredging beneath Dry Dock #2 to a depth of 60 feet and Wharf 4 East to a depth of 30 feet including dredge support costs such as testing, permitting management fees along with mobilization, deployment, fees and management costs.

A nearly-final Project Partnership Agreement with the U.S. Army Corps of Engineers for the continued dredging of the Central Basin, the access way into and out of the Shipyard.