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Plans To Lease Famed Palace Of Fine Arts Meets Opposition

99852712@N04 / Flickr
 

99852712@N04 / Flickr

(AP) - Plans to lease the century-old Palace of Fine Arts to a tenant with enough money to restore and operate the beloved San Francisco landmark is meeting disapproval from some residents.

San Francisco television station KPIX reports that two of the three proposals the San Francisco Recreation and Parks Commission is considering for the iconic space include plans for a hotel.

An online petition opposing the commercialization of the Palace erected for the 1915 Panama-Pacific International Exposition has received nearly 12,000 since it was posted on Sunday.

Commission spokeswoman Sarah Ballard tells KPIX that it will cost $20 million to get the building that never was meant to be a permanent fixture up to code. She says that kind of investment needs to generate revenue.

A decision on the lease may not happen for another two years.