Pier 27's Cruise Terminal Ready for America's Cup
San Francisco Mayor Ed Lee cut the ribbon at Pier 27 on Tuesday to celebrate the completion of the first phase of the two-story, state-of-the-art James R. Herman Cruise Terminal, which will be serving as the headquarters of the 34th America's Cup sailing races beginning in July.
Lee said this phase of the cruise terminal was finished on time and on budget, largely thanks to motivation due to San Francisco's hosting of the races - the first time in 18 years.
"So many thousands of people will disembark here, and go into the city, spend gobs of money and write about how beautiful our city is," Lee said.
Early next week, the newly renovated cruise terminal will begin setup for the two-month sailing event, making sure the facility is in top-notch condition for the races.
The terminal "is a legacy project that will not only boost tourism and create jobs this summer during the America's Cup races, but it will welcome visitors and residents to our waterfront for years to come," Lee said.
The completion of the terminal is expected to generate economic activity, including the creation of 300 jobs within the city.
After the races, the Port of San Francisco will continue construction to get the terminal cruise-ship ready by 2014.