2008 State of the City Economic Development

one of the areas that I'm very proud of in our city is
that we have not neglected the infrastructure in the last
jeeverls. A lot of cities, frankly this
country and states have neglected their infrastructure,
their roads and bridges and parks and playground but in san
francisco we initiated an aggressive economic strategy and
capital programened that capital program now will be a godsend in
terms of addressing the macroeconomic climate and
challenges that we are facing. It is specifically a $19.8
billion program that incorporates some of the most
important initiatives the city can advance in terms of I
improving its water facility, public transit, airport, streets
health and human service facilities and that is the first
time and I think this is important, the first time we've
had a capital plan in our city's history and this was initiated
just a couple of years ago by the board of supervisors.
They really wanted to push the bar in terms of organizing our
capital needs a thoughtful and deliberative manner.
Now let's talk about the past. In the last number of years
before we have got into office you saw our general fund capital
contribution was flat at $12 million a year.
That was it. $36 million over three years.
when we got into office with you immediately bumped it up to $63
million, $69 million and the last year, $71 million.
This is important. People are saying what are you
doing about the capital of the city.
I hope this slide give use contrast.
first three years, $36 million. Next three years after we got
here and if you look at the four years in the last four budgets
it is actually $251 million versus what would otherwise be
$48 million. So hundreds of millions of
dollars of general funds, discretionary general funds has
gone into the capital program in this city.
Here is an area where it needs it the most.
How many of you are fed one the potholes and the quality of the
streets. I certainly am.
I get it. I understand it.
I'm on those streets with you every single day and I'm as
frustrated as you are. here is what happened.
1981-1982. Here is the funding and wheer is
what you actually needed. This goes back to the early
1990's. All of these years, cumulative
deficit. Look at the last few years.
We finally are meeting our needs terms of capital investment.
here is the area where we have invested more than ever into our
capital program. This street resurfacing is
highlighted here in red. These are all the streets in san
francisco that have been paved. I know at times it doesn't feel
likette but these are the streets you can see in almost
every district you'll see the streets have been paved but
there are a lot of streets is that that haven't been paved and
that's why we've got these proposed projects moving into
the next few years. You'll see the blue lines and
more and different red lines. These are the next projects for
2008 and 2010 which is not insignificant.
and maybe it is just we're on the edge but it is in terrible
shape. Go down market street and golden
gate. You understand what I mean.
I knot slide. I recognize what you all know.
They are in bad disrepair as well.
I want to go back to this slide. in 2008-2009 we are going invest
over $8 million for street repairs.
- over $80 million for street repairs.
Again, think of a number of years ago, $12 million for all
capital needs weren't ever close to our street repaving budgets.
How the we're looking at over $40 million next year.
We are going to see a marked improvement.
The challenges again cumulative deficit.
You can't go like that overnight and address hundreds of millions
in maintenance but we are catching up and I do think that
you are going to see and most importantly feel difference if
you'ring or in a bus and bouncing over those potholes and
those lousy streets. Another area that is a big part
of our capital is $4.4 billion public utility.
Thousand of miles that go not just 167 miles of pipe that come
down from - but thousands of miles of pipe that go in and
around the bay. This is a system that needs to
be upgrade. This is a system where we put
aside some $4.4 billion with the system to repave and the next
phase will be the waste water, a portion of the system.
let meify what mine. 15 projects have been completed.
60 projects that are in design phase.
As part of our economic stimulus we have identified some $1.9
billion for supplemental to ship out on this water upgrade.
This $4. - 4 billion program. We're going to keep those
projects going. San joaquin, other parts of the
state all are going to see the benefits of this investment meet
water quality requirements and improve safety and ensure
delivery of a reliable system. Lessen the effects of drought
and we are in a drought and we need to deal with the realities
and the adaptations global climets change.
Water recycling programs are another big part of this
improvement. Progress as well has been made
in housing. I have a big section in the
poverty zphugs this state of the city - discussion in this state
of the city. You can talk about the great
economic strategy and stimulus strategy is housing development.
To develop 15,000 housing units in five years between 2005 and
201010 with about 1/3 of it affordable.
we have already developed some 278 housing units that have been
complete. The most aggressive housing
exhangs in our city's history. We have doubled what we did in
the past decade. More housing is being built in
our city than at any other time in our city's history and is
currently under construction. 7,500 housing units are under
construction as we speak. We have also seen an aggressive
amount of money invested in affordable housing from $109
million to $223.7 million. When I'm talking about housing
and economic development, here is the I the affordable housing
production. Since 2004.
Still a drop in the bucket compared to what we need to be
but a big part of the solution moving forward.
Speaking of solutions moving forward.
No more important areas to invest and focus in than the
issue of public housing and the terrible conditions of public
housing in this city, for that matter the state and the this
country it is a disgrace what has happened.
It is a disgrace that the federal goved has abandoned
their responsibility to the poorest people in the community.
In order to do something about it instead of complaining about
it with the hope program that every year the bush
administration has tried to line item out where they only
provided $9.4 million our city put up $95 more than whole
program combined. san francisco decided to put up
as much money, in fact more money, $500,000 to get the job
done. Taking a while to rebuild the
267 housing units and make it 750 plus new units of mixed
income housing part of an economic investment, economic
development strategy. We have five other housing sites
part of this in sunny dale and other parts of the western
edition. We have a lot of work the do.
$260 in maintenance. In the interim we're going to
take responsibility and get moving.
Speaking of responsibility we have taken it.
We initiated proposition g. Thank you to michael cohen, the
best of the best. His work and effort and advocacy
created a famework. for decades we have been talking
about the shipyard and what we can do to revitalize it.
If I look back at the four years that I had in office,
particularly the last six months of this year in 2008 I want to
thank what I'm most proud of is passing proposition g.
two million secretary feet. 400 acres.
700,000 square feet of retail space.
Capture the arts community. Also provide for a stadium for
the 49ers. I want to underscore this.
everything the 49 verse asked us to do we have done - 49ers have
asked us to do we have done. We have identified the private
partner in lennar in order to drink conditions that provide
for $100 million partnership between that private entity and
the 49ers and most importantly we needed money to clean up the
shipyard and clean up the site to remove the toxins.
Take a look hat this. $349 million.
More than all the other ship glard america combined money
that is coming in to clean up the shipyard so we can deal with
the different cancer rates to deal with the environmental
injustice that exists in the southeast sector.
How about this year, $76.3 million in this climate was
secured by speaker nancy pelosi and dianne feinstein and others.
Those dollars are representing our city.
More than any other time in our city's history.
That was something else that is a predicate to developing this
site. You can't do it without cleanup.
We fully funded that program in the last two years and fully
funded it the next year. We have an opportunity to
deliver not just on the promises and those housing units and
retail and recreational opportunities but also a new
stadium for the 49ers. in addition the southeast
sector, how about the mission bay area?
900,000 square feet has been built up.
4.3 million square feet. Six million square feet has
already been zoned. Residential units completely
done and 12070. Once you hit 620 that triggers
the ability to put a new school in the mission bay area.
A new parks, new playground in or around the mission bay area
which I think are an envy for any urban area of america.
take a look when you get down there.
Here is the new buildings that are going up.
The glad stone institute and some of the other areas.
You're going to see all this will built back.
You're going to see this all built out.
again, talk about economic development.
Old rail yards and shipyards. Candlestick area.
All being converted. All being revitalized.
Here are some scheme attics. The system that goes from the
ballpark down to the area. Here is the number of biotech
companies. Here is a big part of the
success of san francisco. When we started we had one
biotech company, really a medical device company.
We loved them. We called them biotech because
we needed to have claim of at least one biotech.
now we have 46. Pfizer just announced a bother
putic center moving into - a therapeutic center.
I couldn't be more proud of this.
folks have fought hard and moved aggressively to make this
happen. And I really think the best is
yet to come in terms of that biotech cluster.
Transbay terminal, take a look at this.
This world class transit structure.
Talk about green roofs and living roofs and this park on
top of this transit structure. 3,400 housing units.
2.4 million square feet of office space and hotels.
Ground breaking in a few weeks. We're going to get this done.
We got that high-speed rail down $9.9 million.
Thank you to the leadership of others to get down L.A. Get down
L.A. In two and a half hours. You now have an opportunity to
get on a world class system that will I think create an anchor to
san francisco's economic future by creating an alternative to
expanding airport runways and an alternative to expanding
freeways, more congestion, pollution, friss ration, delay,
now we have an - frustration, delay, address the opportunities
for smart growth up and down state, transit oriented
development and that is I think not seen in a more significant
light than this transbay development that will be
anchored with this new west coast station that will have the
high-speed rail coming right into it.
$20 billion a year you sigh right here just in congestion
costs, wasted fuel and lost time.
Here is an opportunity to solve that.
Another area where we're focusing to solve the problems
is the eastern neighborhood. This is roughly 22% of the land
nass san francisco. about 17% or so of the
population of the city where a small percentage of the housing
currently exists. Where a huge percentage will be
I exist. We're rezoning this entire y.
10 almost 15 years we have been talking about this.
Down to the final brush strokes as it were to get this thing
done working withs of the board, supervisor maxwell fixing this
and fixing that anding two stove problem of P.D.R. Use, housing,
deal with the issue of production distribution.
Old industrial base of our city converting to ar more modern
engaged base but not forgetting that a lot of the P.D.R.'s that
used to be export arrange now servicing our high-tech and new
economy so P.D.V. Not a - to the city's life blood and
future. Quite the contrary.
I was trying find that balance and I think we have.
I hope we have. Another big part of the economic
development strategy in the city.
10,000 new housing units. we have new arts and retail open
space opportunities again. A big concentrated effort to
reconcile the future of a big portion of the industrial.
Speaking of those, I was just down there today.
near the - we were down at visitation valley, the loomentry
school. This is an area going through a
rezoning process. It is going very well.
I wanted to highlight it because it deserves attention.
$4.1 billion has gone to funding.
Part of san francisco that often is underserved.
We've got an - that will be done by the end of the year
probably again iing of next year.
This is an area of concentrated focus moving to 2009.
As is treasure island. I didn't think I would be here
to celebrate treasure island because we still don't own it.
the navy owns it but we have a new President.
It is a new day and we are going turn page in cooperation of
ounership and be in the position to finally build out 6,000
housing units in the most sustainable greenest of its kind
in U.S. History. Co-generation facility, all on
site. New ferry transport.
Wind and waste water programs, storm water programs that are
the envy of the nation. This is real and this can happen
and is ground breaking. still have to work on some final
detwails speaker pelosi and our friends in the navy but this is
an exciting project moving forward.
Governor schwarzenegger just signed A.B. 981 which created
the first project - I want to thank mark for his advocacy on
this. I want to thank our team of
lobbyists for getting this thing through.
I'm very proud of this. Not just the broader congestion
project that the city is talking about but the smaller version
out on treasure island, that would be the first of its kind
in california history. speaking of history, some proud,
some not so proud. We have a great history of our
piers. It is about to be converted $175
million renovation. You're going to see this built
out. It is going to be a world-class
new facility. we love the exploratory.
It offers so much already. Imagine it being moved right
down the waterfront and this is a world-class facility and it is
taking shape. It is part of the economic
renaissance of our port and pier.
fission to that, we have 27 and - in addition to that, we have
27 and 22. This has been delayed, delayed,
delayed but we're going to get it done and build out that new
cruiseship terminal. We have all kinds of
opportunities to do do that, that new construction job.
330 is a sea wall lot right across from peers 30 and 32
which is an area that we want to build more housing and finally
develop that is currently a parking lot and that is going up
in just the next couple of months.
You're going to see a lot of progress finally.
mark my word, 29, 30, 32, it has been a long time coming.
We have not seen a lot of progress but we're going to see
it once and for all. Another area we're going to see
some progress is lot 337. - this is the area right in
front of just to the south of the ballpark except parking lot
areas. We want to convert it to more
housing. You can see the range of new
housing units that will come up. We have developers that were
supposed to respond by November 13.
actually has been delayed a little bit.
All these developers were competeing with each other and
now they are all coming together and they are going submit a new
bid that will achieve the retail component, the office space
component, the green requirements again, the
sustainability requirements. Here is the ballpark now.
You can see the area just over the bridge there that is a cumpt
parking lot. Some of the designs.
The entertainment venn use and the open space, the mccovey cove
open space. Housing office.
Other exciting projects I look forward to this 2010.
another one is pier 70. People in san francisco just
supported proposition d. The I want to thank monique
moyer. This is a historic site in san
francisco. More than just a p. Flmbings a
traditional sense. a huge part of our city right in
this area. One of the most historic areas
because this is where a lot of ship repair was done in the city
and a lot of ship repair can continue to be done.
We're going to do solicitations for is site in 2009.
Talking about thousands and thousands of new jobs.
I said ship repair hasn't gone way, way.
Not completely. We just did an investment, not
many people focused on it and didn't know what the heck we
were talking about. Partnership to deal with these
post - acts, cruise ship. They can't fit through panama
canal and as a sequence they need to come around the west
coast and need a dry dock. We just had this princess
cruiseship out there creating literally hundreds of jobs in
this case. It was a phenomenal site.
Just goes to the type of blue collar jobs that we can still
hold on the in san francisco? This environment and that
investment again, returned great dividends.
Make those investments even when the economy doesn't necessarily
feel like it can support it they ultimately will pay good
dividends if they are smart investments.
Part of the economic development strategy.
All the way down you can see the ship that was actually
dry-docked right here literally lifted out of the water.
She's ships are phenomenal and all the crew was waiting around
to get it all cleaned up and fixed.
spent a lot of money. It has an economic stimulus.
A lot of - a lot of spending. Culture.
You want to talk economic development or growth you have
to talk about cultural issues and talk about arts and culture.
Always is a precursor. you look at the greatest cities
in the world. They have one thinging in
common. That created the economic wealth
and economic development that followed we're across the street
from the museum, just recently opened in the last couple of
years. the museum of crafts and design
and the conserve tori of music and the contemporary jewish
museum just reopened. Most of that just in the last 18
or so months investing in culture.
You see all of these new probables.
Contemporary art museum. Don fisher.
Thank you for holding in there. I know there is still a lot of
concern about that. A lot of issues.
We need to work through that. We need to keep it in san
francisco. Let's do everything we can to be
respectful of everyone that wants to contribute this type of
collection to our city and so I'm hopeful that work that out.
You can see we improved the opera house.
Please go down and you can see a lot of the improvements it
changes. We're going to try to get that
international women's museum in there into the new year.
By the way, when you see here, I always liked the photo of the
top of the - you can never see that.
Look how spectacular. How different it is from the
perspective when you're standing there.
you have the contemporary jewish museum.
Another world class architect just minuted that proponent and
connected it with the more historic proponent right there
and hopefully we'll have the museum here and the women's
museum to anchor the craft and arts museum african museum.
Here is the academy of sciences. I love the way the designer
described it. I literally am going lift golden
gate park up, put a building underneath it and put the park
down. There is the park on top of the
building. He just lifted it and placed it
right back down on top. What an extraordinary building.
Just giving the city a boost at a time when we needed the boost.
even if something, you know, the bill o'reillies of the world
talk about secular this or secular that.
This is the city of saint fan sis.
That is our name sake. San francisco.
You think about our homeless delivery system and the me moral
church and saint anthony's dining room.
We do the it in a way that doesn't promote one religion
over another. One thing we have also done is
connected to our proud past as it relates to a city and st.
Francis, cares about the poor among us.
Anglo did a remarkable thing to raise the money to put it in san
francisco in north beach. It is a cultural icon and
deserves some consideration and identity and it is something
that again people of all denominations can come and enjoy
and it is one of the reasons why I'm very proud of my city and
proud regardless of the rhetoric and about our city, that this
city stand apart and I think it is these kind of commitment and
investment that - in addition to having all of these wonderful
cultural institutions and places to go we need a way to get
there. That's why we created a 74-
I'm not sure if it is going to be a success.
Juned utilized today. It is - underutilized today.
It is a pilot. it is a wonderful idea to
connect the asian art museum and the civics center and the young
museum and the conserve tori and also others.
I think will enhance the visitorship and enhance the -
the city neighborhoods, I say this all the time.
That can't deal with the city of san francisco in the context of
looking just downtown, you got to look at what makes the city
special and that is the anchor which are its neighbors.
We talked about the eastern neighborhoods and talked about
the transit center and the transbay terminal.
Treasure island. Japan town.
Balboa park. Glen park.
All of these areas we have invested.
Millions of dollars in the better neighborhood plan.
Get the communities defining what makes their community
special and unique. I'm really proud of that when we
talk about economic development it is about professionalizing
the public process and we are doing that now in serious ways.
That is through this better neighborhood planning process.
We completed the market effort and you can see the 2200 housing
units and the market octavia, 6,000 housing units and that was
a challenge near end and we got that together.
It is a much better plan than it was five months before we signed
it and then the eastern neighborhoods, all part of the
better planning process. Balboa.
We talked about economic opportunities in chinatown, lee
land avenue, third straight even street, they don't get the
attention they need. Taylor street.
all part of again, neighborhood revitalizeation, marketplace
initiative trying to get the empty store fronts and trying
market them to retailers. I wanted to pull that out with
this chinatown economic forum we hosted in April this year msm
the work we're doing with our action plan.
Not just tourists but residents. let's come back to chinatown.
An extraordinary place to be and to visit.
We should be proud of it. 1/3 of our population of asian
descent gave way. 24-hour city.
A world class city that has always identified itself, the
fate of others around the world in a city that truly will have
its strongest opportunity in terms of its economic
development is in relationship to its relationship to china and
that is why it is important for chinatown to be symbolic of that
relationship and that is why it is important to promote it and
that's why we did the china - which I talked about earlier.
This office that we have opened up in china where we're doing
business development and we have speak herbs and an office here
locally, one in shanghai. Led by an incredible advisory
group in shanghai and one including the former secretary
of defense, bill berry and george schultz and outs in hong
kong you have some other incredibly successful business
leaders in china. It is a big deal, first foreign
office san francisco has ever opened and it was in china.
A couple of other areas then we'll close this section on
economic development. Here is the park.
Go down toward where the ferry building is where the eck bark
dare - embarcadero is and you have this grassy area
underutilized and not particularly well kept up.
We want to dwiggets differently. We commissioned eda to envision
bocce boll court. I know you're thinking bocce
ball? here is an exceptional plan.
It is a way of creating vibe resistancey and bringing back an
old sport in san francisco as an interim strategy.
Some dynamic activity in an area that is underutilized and then
dweel the larger master plan. Didn't look like we're going to
get the resources. This is a way in the interim to
figure it all out of getting the space moving and you can see
parks onboard. I think we'll get it done.
i'll show you real photos of it. Holiday plaza.
A cable car turnaround area right across from bloomingdales
and nordstrom's. This is an area that has been
difficult. A lot of poverty issues.
You're near one of the adult day care centers.
all new holiday plaza. It creates challenges.
This is where you bring your friend family and go who is the
mayor of this town. I get that.
I am at the moment. One of the things we finally got
to is we're improving the area and put up these trellises and
plants in this area and redid the light and put flower baskets
up there. We're redoing it in order to
create different kind of activity and I think you'll
hopefully notice changes and improvements up there as you do
your holiday shopping and come back and rediscover your city.
The civic center is an area we want you to visit as well.
Many people do visit but they don't necessarily always have
the experience that I think they could.
We want to demonstrate the world's latest cutting edge
technology in terms of environmental stewardship by
creating a civic center that connects to a whole different
narrative of activity where we're doing wif yinch.
We - wi-fi. We have water features and
artistic components and wing generation and solar programming
and where we reduce waste water and reduce water consumption and
energy con assumption working with the deloin foundation -
the clinton foundation we built this partnership and we think it
is one of the most exciting and dynamic civic centers that will
exist anywhere in the world. It is something we will preview
in term turnovers economic development.
A couple more, ocean beach. Let's not forget ocean beach.
One to have longest, continuous beaches in any city in america.
In fact, the largest. We have this beautiful beach but
we have a boulevard that anchors the beach that divides it from
the rest of the city. A convenient task force and
their job to come up and envision ocean beach in a
different way as a different resource.
Again, part of an economic stimulus strategy.
carmen chu leading the way in getting this torkt.
A lot of support from a lot of supervisors and community
leaders. We're going start making some
investments in greening and toing on the boulevard.
I didn't know where to put this. The zoo.
in the south - the west side of town near the ocean beach area.
This time last year we had that tragic tiger attack.
Here is the latest. Revenues down 11%.
Attendance down 15% and the zoo is running a budget deficit.
A big budget deficit. A big part of our economic
stimissues to try to resolve the challenges of the zoo and come
back to what is arguably one of the safest zoos in the world
because of all the new things we have done but I hope people will
- the zoo is actually making progress on attendance and
revenue and terms of its capital investment until this tragic
incident occurred and it deserves some attention here
because part of the economic stimulus of the city is to have
these cultural institutions and these attractions that bring
people into the city from around the regions and around the world
and the zoo is one of them and we're committed doing more and
better into the new year. Speaking of better, benefit
districts do better by building these public partnerships we are
involved by n advancing our better neighborhoods you can see
all of the better neighborhoods plans or rather the community
benefit districts what they used to refer to as business
improvement districts. We have nine.
We have eight more than we're launching.
17 total. In a full term as mayor I never
thought we could do it. This is really exciting.
Supervisors, all of them deserve credit for their support of this
program. we are making real progress.
Again, those are the ones we created.
Here are the once we'll be doing in the next few years.
Anchoring identity, billing partnerships.
Better street plans. This is a new plan to create
world class streets. To create standards for world
class streets. Pedestrian-friendly street.
A street that has a lot of open space.
Even a street with open space - a street that May have places to
sit. A street that has beautiful
trees, maybe historic lighting that has annings that create a
sense of identity. We have put together a whole new
plan on better streets. We announced it in 2008.
It is one of the things I'm very proud of.
Soften the edges of our city and the hard scapes and median
strips and baskets and $14 million for san bruno avenue and
balcoa. You can see some of these areas
have improved. Market street.
Getting rid of these bumpers here and putting in these new
transformed bumpers. gardens spread out in the middle
of market street, these will be coming into the new year.
We have a new blue-greenway. Like we have done, this open
space to connect. To lerp more about the greenway.
Development strategy. Parks.
I'm very proud of this. The money we put into parks.
General fund money that has been put into parks.
General fund money. Really one of the great stories
that I don't know has been twhrain much is the fact that we
have completed 90 parks in the program of this city.
Here is a list of 45 and here is a list of the other 45.
Completely brand new. now using the new 185 million
parks - just passed. Communities anchoring open space
and activities we have all of these new active parks we're
working on in part of the next year or two, investment into our
diverse community. A big, big part of the success.
The pool finally being done out there.
For the superrs, it couldn't happen soon enough.
You have this incredible public/private partnership with
the fisher family. Let me thank fisher family for
their contribution. They have committed $40 billion
in private investment to the city's $20 billion.
Go down to strank lynn secretary.
Look at - franklin square. garfield.
You wouldn't want to be out there late at night.
It was a terrible field. Potholes everywhere.
Terrible irrigation and now great lighting and new signage.
You can drive down freeway towards ballpark and see - on
the eastern side. a beautiful, completely reformed
area. This is a really exciting
project. That is all taking shape in the
last 18 or so months. A big part, a wonderful success
in terms of the investment in neighborhoods the last year,
2008. The playground is also up next
in that program. Here are some before and afters.
Those changes reflected in customer satisfaction.
2007 we surveyed 1,300 people. 87% rated their park good.
i know you're thinking I was thinking the same thing.
These were the numbers. I don't know that we could
maintain that status but it makes you feel pretty good that
we're moving in the right direction.
I want to thank the former director for his hard work.
we have him holding the fort until we finish the search for a
brand new park director. We're going to get it tot the
next level. Libraries.
We have a great new director of our libraries dining great job.
Doing a job that he needed to do to really jump-start our whole
investment into our 24 neighborhood libraries.
27. 24 is part of this plan of
revitalizeation. You can see the libraries that
are complete. Libraries that are almost
complete and those that are pending.
We have five new branch libraries opening in 2009
completely six under construction.
Five completely done in the new year.
We have literally - so it has been a really exciting time for
neighborhood libraries as well as parks and something again to
celebrate and share and something to commemorate and
also talk about in terms of economic development in the
future. There is my library where I grew
up. My mom used to drop me off there
at the marina library branch and revitalized it.
Glen park. This is an amazing park.
Look at the library. Look at the way it used to look
compared to where the way it looks now.
and them you've got the western edition library.
On a windy, cold rainy day we opened that one not too long
ago. Now it is a community hub and a
world class newly designed and developed library.
I think there is a lot to be thankful for in term t'wolves
investment and in terms of the investment.
We're there to make the commitments and redouble those
efforts into the new year. Parks, playgrounds, neighborhood
ips tuitions. Libraries we're going to be
investing in the waterfront and street side walks as well as
some of these big redevelopment probables I think there is a lot
to be thankful for looking back but also argueably more
to be hopeful for looking into the future.