San Francisco County Awards Facilities Contract to Ccdc New Asia Commercial Llc (July 2026)

The Budget and Finance Committee backed a long-term commercial ground lease with CCDC New Asia Commercial LLC for part of 772 Pacific Avenue at a nominal $1 annual base rent to develop community-serving commercial space tied to an affordable senior housing project. The lease runs 75 years with a 24-year extension option.

Scope & details

The full contract record, as filed.

Contract amount

Commercial Ground Lease ABR $1

Contract type

FACILITIES

Contract term

Commercial Ground Lease: 75 years with one 24-year option (total potential 99 years)

Renewal

Commercial Ground Lease includes an initial 75-year term with a single 24-year option to extend; rent is set below market to further public-serving commercial uses within the affordable housing project.

Document type

Minutes

Source document

City and County of San Francisco Budget and Finance Committee Meeting Minutes 2026-07-22

Related contracts

Other contracts from Ccdc New Asia Commercial Llc.

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City and County of San Francisco Board of Supervisors Meeting Minutes 2026-07-28

APPROVED

San Francisco County, CaliforniaCommercial Ground Lease annual base rent $1Jul 28, 2026

City and County of San Francisco Board of Supervisors Agenda 2026-07-28

APPROVED

San Francisco County, CaliforniaCommercial Ground Lease ABR $1 annuallyJul 26, 2026

City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-07-22

PENDING

San Francisco County, CaliforniaCommercial Ground Lease ABR $1Jul 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by San Francisco County?

Ccdc New Asia Commercial Llc was awarded this facilities contract by San Francisco County, as recorded on July 22, 2026. The contract value is Commercial Ground Lease ABR $1.

How much is the Ccdc New Asia Commercial Llc contract with San Francisco County worth?

The Ccdc New Asia Commercial Llc contract with San Francisco County is valued at Commercial Ground Lease ABR $1, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City and County of San Francisco Budget and Finance Committee Meeting Minutes 2026-07-22 (Minutes), dated July 22, 2026 from San Francisco County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ccdc New Asia Commercial Llc hold?

Ccdc New Asia Commercial Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ccdc New Asia Commercial Llc's profile

What is San Francisco County currently buying?

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