## WHY NOT BUILD ALL THE OFFICE SPACE WE CAN?

What does office space have to do with housing prices, traffic, MUNI service and small business displacement? Everything. **More offices means more people** concentrated in a given space. This in turn means more people seeking housing, more people driving, and more people using our beleaguered transit system. It also means offices can pay higher rents than factories or artists' studios, so they drive blue-collar jobs and arts out.

**We've seen just the beginning.** 7.5 million square feet of office space — equal to 15 Transamerica Pyramids — has been approved or is under construction right now. These projects will be ready within the next two years. They will bring 30,000 new workers to a City with no vacancies and no plans to improve its transit system. **AND THESE FIGURES DO NOT INCLUDE DOT-COMS,** which have not been counted as office developments.

Historically, San Franciscans have realized that their City's tiny land area demands balanced growth. In the 1960s, they stopped freeway development that threatened neighborhoods. In the 1970s they stopped redevelopment from destroying even more neighborhoods. In 1986, voters passed Proposition M, limiting office growth to a rate that would not overwhelm infrastructure or cause displacement. Thanks to Prop M, San Francisco was not left with half-finished and empty office towers when the 80's boom went bust. **Today, with a new office boom, developers want to bust the limits. And today, City Hall accommodates them.** Once again San Franciscans must demand balanced development to save our neighborhoods.

## STOP THE DEVELOPERS' POWER GRAB!

### No on K: Don't Be Confused By the City Hall Lie

Driven by fear of Prop L, developers and the Mayor submitted their own version of "controls" at the last possible minute, to confuse voters.

Proposition K, placed on the ballot by the Mayor is a big favor to big developers.

**Creates a Growth Czar,** appointed by the

Mayor for a TEN YEAR term and accountable to no one else, whose main job is to "identify" neighborhoods for new office development. What happens when he points his finger at YOUR neighborhood?

**Ignores phony "artists' live/work" lofts,** allowing them to continue to displace businesses and residents, and encouraging developers to go on building lofts instead of apartments families can live in.

**Creates new loopholes,** allowing 15 million square feet of office space — 30 Transamerica pyramids — in the next two years! That means 60,000 new workers. Where will they live?

**Allows a land rush in office development** in the South of Market area without increasing MUNI service, providing new housing or protecting critically needed small business, service and arts space presently located there.