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Bated Breath: SWL 337 Finalists Chosen Today

The San Francisco Port Commission will make its second-to-final draft today for the competition over the development rights to Seawall Lot 337. Boston Properties Inc., Farallon Capital Management LLC and Cherokee Investment Partners LP are contending with one another for the commission— Boston Properties Inc. (in partnership with the Ferry Building) sent the San Francisco Giants back to the bench during the first pass in early April with a proposal that called for 400,000 square feet of offices, 1,100 apartments, 67,000 square feet of retail space, artists' studio space and five acres of open space. Several days ago, the Port Commission issued a memo suggesting that all three groups be permitted to compete in the last round. Final decisions will be made in August after each group submits detailed project plans; construction is planned for 2011.