Parcel 3 in 2009, which would include two office buildings and a five-story parking structure. In 2012, the City of Brisbane adopted development agreement DA-1-11; the project was largely unchanged except the development rights were extended to June 2022 and the buildings were required to be certified LEED Gold. An addendum was adopted in 2017 to further extend the development rights to 2027 in exchange for reverting control of Parcel R to the City of Brisbane. In 2018, the site was transferred to Phase 3 Real Estate Partners, who have proposed a biotech campus tentatively named Genesis Marina with approximately the same area in three buildings. The Planning Commission approved Design Permit DP-1-18 to modify the site plans in accordance with the Phase 3 design in November 2018. Notes 1000 Marina The 1000 Marina site consists of a parcel that is . The dark glass building at this site was built for Unisys. The building was sold to Spieker Properties for $10 million in 1997. 2000 Sierra Point & 8000 Marina This site, enclosed by the loop formed by Marina Boulevard and Sierra Point Parkway, consists of two parcels: Parcel 8 (western half), and Parcel 9 (eastern half), . Parcel 8 was the first to be developed with Hitachi America's west coast headquarters. Hotels Two hotels occupy Parcel 1, which is in the southwest corner of Sierra Point. The undeveloped parcel in the northeast corner of Sierra Point is designated for a luxury/convention hotel and occupies . Biotech Project The Sierra Point Biotech Project consists of five buildings and one parking garage south of Sierra Point Parkway and east of Shoreline Court. The Biotech Project encompasses three separate parcels on the Sierra Point site, consisting of (from west to east) Parcel 7, ; Parcel 6, ; and Parcel 5, . Notes It is anticipated there would be space for 1,800 employees at the Biotech Project campus. The project would also provide of retail space on the first floor of the parking garage. Sierra Point Plaza Parcel R is a lot at the eastern terminus of Sierra Point Parkway, with an address of 400 Sierra Point Pkwy. It is owned by the City of Brisbane, but was leased in 1984 to a private developer to build up to of commercial space. After the lease was signed, were re-allocated to the Biotech Project site, reducing the developable area to . , the