Four groups combine on plan to redevelop Fort Scott in Presidio of SF — $200 million price tag

They are the California Clean Energy Fund with the EPIC Institute, the World Economic Forum and OpenAI. The fourth, the We Company, would …

The vision to rehabilitate the Presidio’s Fort Scott as a center for social change came one step closer to realization Friday when four teams presented a single proposal to develop the 30-acre site.

Dubbed the Fort Winfield Scott Campus for Change, the project is a collaboration among four organizations chosen by the Presidio Trust last fall. They were tasked with submitting proposals detailing their concepts for the land with its Mission Revival Army barracks and other buildings from the World War I era organized around a horseshoe-shaped parade ground.

“We’re really looking for a unified campus focused on environmental and social change,” said project manager Josh Bagley. Fort Scott has a history of service, and land-use documents going back to the 1990s have included an emphasis on environmental sustainability, he said. This project would continue that focus.

Of the four organizations involved, three would have posts on the campus and work to improve a specific social problem. They are the California Clean Energy Fund with the EPIC Institute, the World Economic Forum and OpenAI. The fourth, the We Company, would manage the campus.

Related Stories

The EPIC Institute would establish the Epicenter for Climate Solutions at Fort Scott and focus on entrepreneurial and market-based solutions to climate change. OpenAI, a think tank that lists Elon Musk and Peter Thiel as sponsors, would research artificial intelligence. The World Economic Forum, which hosts the high-profile summit at Davos in Switzerland each year, is proposing the Centre for the Fourth Industrial Revolution, which would study technological advancement and how it impacts work.

The Fort Winfield Scott Campus for Change would also host classrooms, incubator space for startups, multipurpose and community space, community gardens, public plazas, an observatory and a transit center.

We Company, best known for its WeWork co-working facilities, would provide collaborative work spaces and oversee management of the campus, which would include event programming and facilities maintenance.

The redevelopment is estimated to cost more than $200 million, which developers said would come from socially responsible investors, tax credits and the campus’ member organizations. The groups housed on the campus would also pay rent to the Presidio Trust, according to the proposal.

The goal of the ambitious project as described by the Presidio Trust is to attract mission-driven, socially conscious organizations to redevelop Fort Scott as a center for engagement on contemporary issues. The process began last January, when the trust issued a request for proposals to rehabilitate the historic army fort.

Nine teams initially submitted proposals, and, in September, trust staff whittled the options down to four. The trust decided in January to allow the four organizations to submit a “single, consolidated proposal.”

Public meetings

To view the full proposal, go to: https://bit.ly/2FbAnqu

Members of the public can share their thoughts on the plan during two upcoming Presidio Trust board meetings.

5:30 p.m. on Wednesday, April 24, at the Golden Gate Club, 135 Fisher Loop, San Francisco.

5:30 p.m. on Thursday, May 23, also at the Golden Gate Club.

People can also email comments to fortscott@presidiotrust.gov, or send mail to Presidio Trust, Attn: Josh Bagley, 103 Montgomery St., San Francisco, CA 94129, by May 15.

For further information, visit www.presidio.gov to learn more about the project and the selection process.

Read More

Each proposal had to fulfill five criteria: plans to rehabilitate the 22 historic buildings on Fort Scott, be environmentally sustainable, be financially sustainable, protect the natural environment and engage the public.

The Presidio Trust board of directors is expected to make a decision about the proposal at its May 23 public meeting. The board will evaluate the proposal based on the five criteria and either approve the plan, recommend changes or reject it.

Ashley McBride is a San Francisco Chronicle staff writer. Email: ashley.mcbride@sfchronicle.com Twitter: @ashleynmcb

Related Posts:

  • No Related Posts

Hyperloop Technology market projected to reach USD 5.72 billion by 2026

… some of the major players such as Hyperloop Transportation Technologies, Hyperloop One, Dinclix Groundworks (DGW Hyperloop), Transpod Inc., …

– Advertising –

The outlook provided in the report can provide information that helps run the client’s businesses more efficiently.

Global Hyperloop Technology Market Analysis

According to Verified Market Research, The Global Hyperloop Technology Market was valued at USD 0.27 Billion in 2018 and is projected to reach USD 5.72 Billion by 2026, growing at a CAGR of 46.18% from 2018 to 2025.

What is Hyperloop Technology?

Hyperloop is a novel form of public ground transport in development by a number of companies, which could travel at 700 miles an hour in floating pods within low-pressure tubes. Companies claim that a Hyperloop could be cheaper and faster than trains and car travel, and less polluting than air travel.

The pods are designed to float on air skis or use magnetic levitation to reduce friction and carries passengers travel through tubes or tunnels from which most of the air has been removed to reduce friction. This should allow the pods to travel at up to 750 miles per hour.

To learn more Get free sample copy of this report now!

image

Global Hyperloop Technology Market Outlook

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Key factors such as reduced travel time and transportation cost, low cost, minimum infrastructural maintenance of Hyperloop technology and less land area required to build an Hyperloop network as compared to other similar technologies, resistance to earthquakes and other natural calamities and rising environmental concerns are anticipated to drive the global Hyperloop technology in the forecast period.

On the contrary, governmental interference (as the technology is not yet regulated), lack of awareness of the technology and safety and security related concerns could be the major restraining factors in the growth of this market in the coming years.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client.

The “Global Hyperloop Technology Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Hyperloop Technology Market Competitive Landscape

The “Global Hyperloop Technology Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Hyperloop Transportation Technologies, Hyperloop One, Dinclix Groundworks (DGW Hyperloop), Transpod Inc., Aecom, Spacex. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Get Full Report Description – https://www.verifiedmarketresearch.com/product/global-hyperloop-technology-market-size-and-forecast-to-2025/

Global Hyperloop Technology Market, By Transportation System

  • • Capsule

    o Passenger Transportation System

    o Passenger Plus Freight Transportation System

    • Route

    • Propulsion

    • Tube

Global Hyperloop Technology Market, By Carriage Type

  • • Passenger

    • Cargo/Freight

Global Hyperloop Technology Market Geographic Scope

  • • North America

    o U.S.

    o Canada

    o Mexico

    • Europe

    o Germany

    o UK

    o France

    o Rest of Europe

    • Asia Pacific

    o China

    o Japan

    o India

    o Rest of Asia Pacific

    • Latin America

    o Brazil

    • Rest of the World

News From

Verified Market ResearchVerified Market Research

Category: Market Research Publishers and RetailersCompany about: Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our large database includes the latest Content from renowned authors and publications worldwide. We’ve recently developed one of its own kind smart-system, which helps us determine the authenticity and reputation of the content and its author. This ‘smart-system’ ensures that we al
This email address is being protected from spambots. You need JavaScript enabled to view it.

Related Posts:

  • No Related Posts

Tesla’s Elon Musk rolls out Model Y, completing the automaker’s ‘S3XY’ lineup

Eleven years after founding a battery-electric car company few expected to succeed, Tesla CEO Elon Musk rolled out the upstart automaker’s latest …

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.

March 15, 2019, 6:12 AM GMT
By Paul A. Eisenstein

Eleven years after founding a battery-electric car company few expected to succeed, Tesla CEO Elon Musk rolled out the upstart automaker’s latest vehicle, the Model Y, late Thursday.

Surrounded by a standing-room-only crowd at the company’s Los Angeles design center, Musk said he expects the new battery-powered SUV to quickly become the company’s best-seller. “I think we’ll do more Model Ys than S, X and 3 combined,” the South African-born executive said.

During an earnings conference call in January, Musk told industry analysts the Model Y could double sales of the carmaker’s current leader, the Model 3 sedan, reflecting the overall shift to SUVs in the American market.

The new Tesla comes at a critical time for a company that has been struggling to turn a profit. It was in the black during the second half of 2018 but has cautioned investors it will lose money again during at least the first three months of this year. Complicating matters, a wave of new competition is coming from established automakers such as Volkswagen which, this week said it plans to have more than 50 different all-electric models in production by 2025.

The decision to name the new battery-electric vehicle the Model Y completes an inside joke at Tesla, its four product lines spelling out “S3XY.” The company wanted to name its compact sedan the Model E but discovered that name was registered by one of its Detroit rivals.

“Ford killed ‘SEX,’” Musk told a cheering crowd.

The 47-year-old executive spent half of a nearly hour-long presentation going over Tesla’s history before rolling out the new Model Y. He offered a number of details about the vehicle but left other questions unanswered.

Among the key points:

  • The Model Y can seat up to seven with an optional interior package;
  • It will be offered in four different versions, initially starting with a long range version capable of 300 miles “useful range,” an all-wheel-drive model getting 280 miles per charge, and a high-performance version capable of hitting 150 mph and launching from 0 to 60 in 3.5 seconds;
  • They will go on sale in autumn 2020;
  • A fourth, “standard range model capable of 230 miles per charge and still able to hit 60 mph in 5.9 seconds, will debut in spring 2021;
  • Prices will range from $39,000 for the base car to $60,000 for the high performance Model Y. Those prices are before options and like other Tesla products will no longer qualify for federal tax incentives;
  • They will be equipped with Tesla’s autopilot technology which, Musk said, will be upgraded over-the-air later this year to allow virtually full hands-free driving.

Among the details Musk didn’t discuss was the size of the battery packs used by the four Model Y variants. But “three-quarters of Model Y parts are common with the Model 3 so (investments in the vehicle) are much lower,” Musk said during that January conference call. That includes the underlying, skateboard-like “architecture,” suggesting the Model Y will share the same spectrum of lithium-ion battery packs which range from 50 to 75 kilowatt-hours.

Musk made a point of comparing the Model Y to the bigger Model X sport-utility vehicle. But the new entry doesn’t feature the unusual “falcon wing” doors found on the early SUV, which have been a technical nightmare for Tesla. They forced the automaker to fire the original door supplier and then caused much of the nearly two-year delay in bringing the Model X to market. Since then, they’ve been the source of ongoing quality and reliability problems, a key reason influential Consumer Reports rates Model X poorly.

The Model Y may be Tesla’s most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the California company.Jae C. Hong / AP

Musk notably sidestepped where the Model Y will be built in the U.S. He previously said the company was still debating where the new crossover-utility vehicle will be produced, though it was leaning towards adding capacity at the Gigafactory battery-plant in Reno, Nevada, rather than taking the limited remaining space in Fremont, California, where the Models S, 3 and X are produced.

The challenge of going to Nevada is that the company will have to start from scratch and then try to avoid what Musk has called the “production hell” that held back the ramp-up of the Model 3 for nearly a year.

Manufacturing, he said Thursday night, is “insanely difficult. It’s 100 times harder to design the manufacturing system than the car itself.”

Musk did indicate, however, that the Model Y will be one of the products rolling out of the massive new factory Tesla intends to open in Shanghai later this year. That plant will give the automaker a footprint in what has become the world’s biggest market for plug-based vehicles and it also will help Tesla sidestep any escalation in the U.S.-China trade war.

The Thursday night event was something of a love fest for Musk, the audience filled with fans wildly cheering almost everything he had to say. But his smiles might not last long considering all the problems the CEO faces. For one thing, the Securities and Exchange Commission is expected to fire the next shot in an ongoing battle over a tweet Musk posted on Feb. 19. In it, he discussed production plans for the year.

The SEC says the tweet violated terms of a settlement Musk agreed to last year in a case centered around his claims that Tesla was going private, backed by a sovereign Saudi Arabian fund. But for its part, Musk’s lawyers contend the agency simply wants to limit his First Amendment rights. If a federal judge rules against Musk, the potential penalties could include his removal as Tesla CEO.

Even if Musk survives that battle there are others facing him, including an ongoing investigation by the U.S. military after he smoked marijuana on a podcast last year. And he is being sued for alleged defamation by a British diver involved in the rescue of a youth soccer team from a flooded Thai cave after Musk referred to him as a pedophile.

The good news for Tesla is that it has become the world’s biggest producer of battery-electric vehicles. But it faces plenty of challengers who’d like to take down the upstart king-of-the-hill. That includes a who’s-who of the auto industry, including Ford, General Motors, Jaguar, Mercedes-Benz, Nissan and Volkswagen. VW this week announced plans to sell 22 million all-electric vehicles by 2029, a 50% increase from earlier plans.

Beyond the challenge of taking on so many well-funded competitors, Tesla has to worry about what Detroit consultancy AlixPartners recently warned could soon be a “pile-up of epic proportions” as scores of new products come to market.

For his part, Musk told his audience on Thursday night that “our goal, all along, has been to try to get the rest of the industry to go electric,” adding that it is “it’s extremely rewarding to see” that begin to happen.

Paul A. Eisenstein

Paul A. Eisenstein is an NBC News contributor who covers the auto industry.

Related Posts:

  • No Related Posts

‘We are bringing S3XY back’: Tesla’s Elon Musk introduces Model Y crossover SUV

Tesla CEO Elon Musk finished spelling out an all-electric acronym by lifting the veil on the Model Y, a crossover SUV that’s due to hit the market in the …
Elon Musk with Model Y
Tesla CEO Elon Musk checks out the newly unveiled Model Y. (Tesla via YouTube)

Tesla CEO Elon Musk finished spelling out an all-electric acronym by lifting the veil on the Model Y, a crossover SUV that’s due to hit the market in the fall of 2020.

“We are bringing ‘sexy’ back, quite literally,” he told hundreds of Tesla fans who gathered for the Hollywood-style unveiling at Tesla’s design studio in Hawthorne, Calif.

Musk didn’t quite literally lift a veil to reveal the new model. Instead, he built up the suspense by giving an “extended history lesson” about Tesla’s decade-long history of vehicle production, starting with the Tesla Roadster and moving on to the Model S, Model X, Model 3, the Semi truck and the remade Roadster.

Along the way, Musk explained the ins and outs of his naming convention, including the fact that he couldn’t use the name “Model E” because Ford had it trademarked.

“Ford killed SEX,” Musk joked.

As he described the vehicles, each model was driven into the spotlight. Finally it was the Model Y’s turn. Cheers and whoops went up from the crowd as a shiny blue car pulled into its place alongside the Model S, 3, X. Y completed the acronym.

The car looks as much like the Model 3 as Tesla’s Model X SUV looks like the Model S sedan. The similarities between the designs are intentional, because that commonality is expected to speed development — thus avoiding the “production hell” that marked the Model 3’s birth.

Basic stats for Model Y
A chart projected on the screen with Tesla CEO Elon Musk in an inset image shows the basic statistics for different versions of the Model Y. Click on the image for a larger version. (Tesla via YouTube)

Musk laid out the basic statistics for four variants of the Model Y: The Standard Range model will be the cheapest, carrying a price tag of $39,000 and offering a maximum range of 230 miles and top speed of 120 mph. The $60,000 Performance model will be the most expensive variant, with a 280-mile range and a 150 mph top speed. The $47,000 Long Range model is projected to go 300 miles on a charge, while the Dual Motor AWD version prices out at $51,000.

Tesla says the three more expensive versions will be ready for delivery in the fall of 2020, while the Standard Range model will go on the market in the spring of 2021. Orders are already being taken online.

All four variants will have a panoramic glass roof, 66 cubic feet of interior space and can seat up to seven, Musk said.

“It has the functionality of an SUV but it will ride like a sports car,” he said.

Some analysts wonder whether the promise of the Model Y will hurt sales of the Model 3, as buyers decide to wait for the newer model. Musk insisted that Model 3 sales would rise dramatically over the next year, making the sorts of optimistic projections that got him in trouble with the Securities and Exchange Commission when he put them in a tweet.

“We’ve made 550,000 vehicles, something like that,” he said. “Twelve months from now, we will have made about a million vehicles.”

Musk was even more optimistic about Model Y sales.

“I’m confident that of any midsize SUV, it’ll be the one you want,” he said. “I think it’ll probably sell … I think we’ll probably do more Model Y’s than S, X and 3 combined, most likely. So there you have the S3XY presentation.”

On other topics:

  • Musk said ramping up production of the Model 3 and dealing with controversies ranging from a securities fraud case to a marijuana brouhaha made for a rough year. “2018 felt like aging five years in one,” he said.
  • He indicated that battery production for the Model 3 has stabilized to the point that Tesla can start ramping up production of electricity-generating solar roof tiles and Powerwall home-battery installations. “This is definitely going to be the year of the solar roof and the Powerwall,” Musk said.
  • Referring to one of his other day jobs as CEO at SpaceX, Musk half-jokingly said “we will be driving a Tesla on Mars” in 10 years. “I think we actually could.”

Related Posts:

  • No Related Posts

Elon Musk’s Model Y SUV Brings More Tesla to More Masses

The Model Y is here, and Elon Musk has once again shown why Tesla may be the most exciting car company on the planet—seemingly never-ending …

The Model Y is here, and Elon Musk has once again shown why Tesla may be the most exciting car company on the planet—seemingly never-ending crises and controversies notwithstanding.

From the stage at Tesla’s design studio in Hawthorne, California, Musk unveiled the baby SUV, which shares about three-quarters of its parts with the Model 3 sedan. But it’s a bit bigger, with three rows and room for seven passengers. You can now preorder the car via Tesla’s website, if you put down $2,500.

Tesla plans to release the Model Y in four flavors. The “Performance” version, due out in fall 2020, will go from 0 to 60 mph in a blistery 3.5 seconds, and offer 280 miles of range for a cool $60,000. The Dual Motor AWD, also slated for fall 2020, should do 0 to 60 in 4.8 seconds, hit a 135 mph top speed, and travel up to 280 miles on one charge for $51,000. Tesla promises the “Long Range” version, also due fall 2020, will have 300 miles of range, hit 130 mph, and clock in a 5.5-second 0 to 60 sprint for $47,000. Finally: the $39,000 “Standard Range” version, slated to arrive in spring 2021, should reach 230 miles on a charge and will have a top speed of 120 mph and a 0 to 60 time of 5.9 seconds. An important reminder, with regard to those dates: Tesla rarely hits its own deadlines, and has on multiple occasions delivered cars months or even years behind schedule.

When Musk took the stage Thursday—dressed in all black, with custom Tesla-branded Nike sneakers—he started off talking history. “There was a time when electric cars seemed very stupid,” he said. He brought out Tesla’s past autos, one by one: the two-seat Roadster, the Model S sedan, the Model X SUV, and the Model 3. Plus, some cars-to-be: the new Roadster and the Semi, both of which Tesla says will go into production next year. Musk talked about how Tesla built a factory in Fremont, California, and a battery “Gigafactory” outside Reno, Nevada, and the under-construction factory in Shanghai.

Musk harped on the difficulty of mass manufacturing cars, saying they’ve proved 100 times harder to build than design. “2018 felt like aging five years in one,” he told the audience. “Honestly, it was really intense.” It’s not the first time he’s acknowledged the how arduous the process is. He warned that building the Model 3 would be “production hell.” Reports from inside Tesla suggest he was right. But Musk also noted that in about a year’s time, Tesla will have produced a million vehicles.

The Model Y comes at an interesting moment for Tesla. After a year of upheaval, Muskian Twitter flame wars, and lawsuits, Model 3 production is finally going smoothly, and the automaker posted profits in the third and fourth quarters of 2018—its first such repeat performance. Last month, Musk announced Tesla would finally start selling a $35,000 version of the Model 3, a milestone price point he had promised for years.

But along with the rest of the industry, Tesla is facing a tightening market now, and Musk has said he doesn’t expect the company to be profitable in the first quarter of this year. To offer that $35,000 Model 3, Tesla had to cut costs, and announced it would close most of its stores and move its sales model entirely online. Then, earlier this week, it walked that back, saying it would keep more stores open, but raise prices on all its cars by about 3 percent on average (but still offer that baseline $35,000 Model 3).

What’s exciting about the Model Y, from Tesla’s perspective, is that it’s positioned to push the automaker much further into the mass market. SUVs, you see, are mega-popular—the fastest growing vehicle segment in the US. So much so that Ford and General Motors have given up on the idea of selling regular cars to Americans. “We’ll probably do more Y than S, X, and 3 [sales] combined,” Musk said.

And because the Model Y is relatively inexpensive, it could reach the vast swaths of the market that can’t afford a luxury car, are interested in electric, and want something roomier than a sedan. “The Model Y represents Tesla’s biggest opportunity yet. Its price and body style should resonate with the majority of today’s car buyers,” says Karl Brauer, an industry analyst with Kelley Blue Book. “This also makes the Model Y the most important vehicle in Tesla’s history.”

Meanwhile, though, prodded by regulators around the world, the rest of the auto industry has started to buy into this whole electric power thing. And they’re coming with SUVs: Audi’s E-tron and Jaguar’s i-Pace are already on the market. Porsche, BMW, Volkswagen, Volvo, and Mercedes are preparing similar offerings. Newcomers like Rivian and Byton are jumping in. Tesla has been selling those million cars at a time when there were few other compelling electric options. Now it’s got to win buyers not just to battery power, but to Tesla specifically.

Referring to his not quite subtle naming of his cars the Model S, 3, X, and Y, Musk said, “We are bringing sexy back, quite literally.” But like anyone inching toward full adulthood, Tesla is starting to rely less on sex appeal, and more on wisdom and experience.


More Great WIRED Stories

Related Posts:

  • No Related Posts