By now you’ve probably heard that the San Francisco will host the 34th America’s Cup yacht race. It’s the first time since 1995 that a U.S. city has hosted the Cup, and pictures of the race-route are all over the internet. We snagged this nifty Google Maps image from TheFrontSteps.com:
Note that the race “track” is basically a big loop around Alcatraz – which we feel must have made San Francisco a clear favorite to host the Cup.
For those of you who like to get your kicks on dry land, or who are wondering why nice normal folks in the midst of a recession should get interested in a yacht race, check out this snippet from an America’s Cup press release:
In being granted status as the sole venue candidate in the USA, San Francisco can
forge ahead with plans to provide the necessary facilities for the America’s Cup along
the City’s waterfront, south of the Bay Bridge. It also now allows San Francisco to
“nationalize” their efforts and to seek support from the State of California and the federal
government in Washington, D.C.
What does this mean? It means business, baby – redevelopment, job creation, increased tourism, some fabulous exposure for the beautiful City by the Bay, and maybe – just maybe – a boost in real estate prices. CurbedSF is already wondering out loud about what will happen to the price-tags of homes with bay-views (hint: it will probably be awesome).
To see a more detailed breakdown of what San Francisco can expect for the Cup, see this press release. The America’s Cup World Series races will start in July of 2012, and the America’s Cup Finals will take place the following year.