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MORAGA, CALIFORNIA, January 3, 2004 - Dynasty Capital
Services LLC, a preeminent provider of strategic and financial advisory
services, congratulated Lend Lease, its partners and the Port of SF for the
groundbreaking of the James R. Herman Cruise Terminal project which will
commence in March 2004. Dynasty Principal, Dominic Chew, was one of the
originators of the transaction by identifying the project’s potential and
was instrumental in assembling the investor group, which includes The PSA
Corporation of Singapore, the Lend Lease Corporation of Australia, Chinese
Maritime Transport of Taiwan and Whitney Cressman of San Francisco.
“We began putting together the resources for the Cruise
Terminal in 1997. There were many challenges along the way, but the end
result confirms my belief that the Bay Area will benefit from the showcase
that will develop. We congratulate the City of San Francisco on a tremendous
addition to the city’s attractions.” Mr. Chew noted.
The 100,000 square foot Cruise Terminal will be located at
Port 30 and 32 of San Francisco’s Central Waterfront and will be capable of
handling two ships simultaneously and processing thousands of passengers.
The project also includes Brannan Square, a 22-story complex incorporating
residential, commercial and tourist activities into the historic San
Francisco waterfront. The development has been estimated by the Port of San
Francisco to cost in excess of $400mm and is currently scheduled to be
completed in 2008.
“Financing and developing large projects requires complex
coordination with multiple parties and interests. The success of the Cruise
Terminal reflects on Dynasty’s skillfulness to assemble vast and diverse
resources from around the world into one cohesive team. I am pleased that
our clients have benefited greatly from the additional contacts and extended
global network developed as a consequence of the project’s realization.” Mr.
Chew added.
About Dynasty Capital Services
Dynasty Capital Services is a preeminent provider of
strategic and financial advisory services focused on high-growth companies
operating on a global scale. Founded in 1988, Dynasty’s expertise enhances
value by enabling clients to: develop and implement new market entry
strategies, execute financings, alliances and other strategic transactions,
and catalyze all the elements of a successful enterprise.
Based in the San Francisco Bay Area and with offices in
New York, Beijing, and Boston, Dynasty Capital Services is globally
accessible via the Internet at www.dynastycap.com.
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