Title
Final Passage of Ordinance Authorizing the City Manager, or Designee, to Execute a Lease with Astra Space, Inc., a Delaware Corporation, Substantially in the Form of the Lease Attached to the Staff Report, for Fifty-Nine Months for Building 360, Located at 1900 Skyhawk Street, at Alameda Point. This action is exempt from further review under the California Environmental Quality Act ("CEQA") pursuant to CEQA Guidelines Section 15301 (Existing Facilities). (Community Development 29061822)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
Astra Space, Inc. (Astra) is an aerospace research and design firm with more than a decade of experience developing aerospace technology in partnership with NASA. Astra designs, tests, manufactures, and operates next-generation launch services that will enable a new generation of global communications, earth observation, and precision weather monitoring, navigation and surveillance capabilities.
Astra has been an Alameda Point tenant since November 2016, and initially occupied Building 397. Astra now leases several buildings near Building 397 in the Enterprise District, including Buildings 616 and 360, and the east end of Pier 3. Since its successful space launch in December 2020, Astra has experienced a rapid demand for its product and wishes to secure a longer lease term for Building 360 to support its operations. The tenant has and is willing to make investments in Building 360 despite the relatively short five year term limit required to comply with the Surplus Land Act (SLA).
The tenant's vision of establishing a corporate headquarters in the Enterprise District is consistent with the long term focus of job generation and commercial development in that area of Alameda Point. The expansion of Astra's innovative operations could be a catalyst for other companies of a similar nature or in related industries.
BACKGROUND
The City Council approved the lease (Exhibit 1) unanimously at its ...
Click here for full text