BOMA | Building Owners and Managers Association of San Francisco
Advocate: An Update on Legislative, Regulatory, and Political Issues Affecting Commercial Real Estate
June 28, 2013
Volume 19, Issue 6
BOMA International News
Code Victories Save Billions

BOMA International remains on the front lines for achievable and cost-effective building codes against the growing influence of powerful groups lobbying for costly shifts in building regulations. BOMA continues to lead the opposition to a number of onerous and unnecessary code change proposals, which, in recent years, has saved the commercial real estate industry:

  • $3.8 billion annually with the disapproval of changes to the structural, fire and egress codes proposed by NIST/World Trade Center. 
  • $990 million annually by successfully defeating a prosed 30 percent increase in stringency to the International Energy Conservation Code. 
  • $630 million annually in lost lease income avoided with the approval of BOMA’s alternatives to NIST/World Trade Center proposals for additional elevators for tenant emergency egress and exclusive fire service use in the ICC Building Codes. 
  • $700,000 per building in annual construction costs avoided with BOMA’s successful proposal of more cost-effective design options, eliminating onerous requirements for existing buildings and defeating retroactive code inspections one year following the sale or purchase of a building in the International Green Construction Code. 

An additional $3.50 per square foot of commercial real estate was saved with the disapproval of a number of smaller miscellaneous code changes.  Learn more.

 

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In This Issue
City Hall News
•  Mayor Signs Measure Amending San Francisco Mobile Food Facilities Law
Bike Sharing Pilot Program for Downtown San Francisco
•  Please Review the Locations
BOMA San Francisco News
•  San Francisco's Green Building Ordinance - New Green Building Submittal Form for Tenant Improvements
•  Firefighter Air Replenishment Systems
•  Supervisor David Chiu's San Francisco Family Friendly Workplace Ordinance
BOMA California News
•  SCOTUS Backs Property Rights and Energy Efficiency in Existing Buildings Action Plan
•  2013 California Commercial Real Estate Summit Synopsis
BOMA International News
•  Code Victories Save Billions
•  Did You Miss the BOMA 2013 Every Building Conference & Expo?
Energy & Environment News
•  AB 1103 Benchmarking Enforcement Delayed Until September 1, 2013
•  PG&E General Rate Case Application Covering Years 2014 Through 2016
•  The Buildings Performance Database: The Power of Data Webinar
•  Free PG&E Classes in July and August
ABOUT TMG Partners

 

TMG Partners, a privately-held California corporation headquartered in San Francisco, is a full-service real estate development company.  TMG focuses exclusively on urban infill projects in the San Francisco Bay Area.   

Over the last 27 years, TMG has developed approximately 20 million square feet of office, research and development, for-sale and multi-family residential and retail projects, and more than 400 acres of land.  The company’s portfolio valuation is in excess of $3 billion.  
 
Over the last several years, the San Francisco Business Times has ranked TMG Partners the #1 Real Estate Developer in the Bay Area. 
 
Please click here to visit the company's website.  

SPONSORED BY

 

ADVOCACY EVENTS
• 
Emergency Preparedness Committee Meeting
July 9, 2013
Post Montgomery Center Tower, 30th Floor
Please click here for more information.
•  Government Affairs Policy Advisory Committee (GAPAC) Meeting
July 10, 2013
235 Montgomery Street (Russ Building), 7th Floor 
Please click here for more information.
•  Codes and Regulations Committee Meeting
July 24, 2013
201 California Street, 2nd Floor
Please click here for more information.
•  Energy and Environment Committee Meeting
August 6, 2013
Ferry Building, Port Commission Hearing Room
Please click here for more information.
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