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Salesforce transbay park
Salesforce transbay park










The park will include an amphitheater, a children’s playground and a large restaurant. The sponsorship money would go toward the estimated $20 million annual cost of operating the transit center and the rooftop park. When train service begins - there is no projected date - the annual fee would jump by another 20 percent. In year four, Salesforce would pay $3.28 million, and that rate would increase annually by 3 percent for the remainder of the agreement.

salesforce transbay park

There would be no payments the next two years. The deal would bring $1 million to the authority at the time of signing, and $9.1 million when bus service begins, expected next spring. There are no restrictions” imposed by Salesforce. “That was an important negotiation point,” said Mark Zabaneh, the authority’s executive director. A construction worker walks past Salesforce Tower signs on the outside of the Transbay Terminal construction site in San Francisco, CA, on Friday July 7, 2017. Nor would Salesforce have veto authority on events held in the park, even those of rival corporations. The cloud-like Salesforce logo that adorns two towers near the transit center would not appear on the exterior of the new facility, however.

salesforce transbay park

Similarly, the 5.4-acre rooftop open space will become Salesforce Park if the board of the Transbay Joint Powers Authority approves the contract Thursday at its monthly meeting.












Salesforce transbay park