Summary
The city extended the zoo's lease 52 years to 2078 in exchange for $3 million a year plus half of parking revenue above that, all staying in Balboa Park. Supporters called it a fair deal for a treasured institution; critics said a 52-year commitment of public land deserved more committee review.
At a glance
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Last discussed Mar 9, 2026.
Impact analysis
About $330 million in minimum payments to the city over the lease term, plus a share of parking revenue — all earmarked for Balboa Park.
Balboa Park operations, zoo visitors, and the regional tourism economy of roughly $2 billion a year.
Critics argued taxpayers may leave value on the table over a 52-year commitment of public parkland.
Mentions & discussions (1)
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