Alexandria Real Estate will pay $7.5 million to get out of building indoor tennis courts at 88 Bluxome, according to the San Francisco Business Times.
A Google Maps image of Bay Club San Francisco Tennis, also known as the San Francisco Tennis Club, before it was demolished.After a lengthy legal battle, Alexandria Real Estate Equities will pay a local sports nonprofit $7.
After Alexandria Real Estate attempted to renege on its arrangement with San Franciscans for Sports and Recreation, tennis players from around the city mobilized at a December 2021 San Francisco Board of Appeals session,could not unilaterally make such a substantive change without first having a meeting with the Planning Commission.
But in the end, Alexandria Real Estate seems to have won out against the nonprofit. The reported $7.5 million payout is exactly the same amount that San Franciscans for Sports and Recreation had carved into its 2016 arrangement with Alexandria Real Estate as a"termination fee," according to the Business Times. In other words, $7.
Though this lawsuit is reportedly settled, 88 Bluxome remains unbuilt, and San Francisco has no indoor tennis courts — nor does it appear that any replacements are on the way.
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