The Port of San Francisco and Fisherman’s Wharf business owners agree parts of the area need maintenance and repair.

That’s where the agreement ends.

The Port Commission voted Tuesday to endorse the term sheet for a $550 million revitalization of Pier 45 and a parking lot currently operated by SP+ Parking, beginning progress on an effort that would construct a seafood market, food hall, and events center and performing arts space that port officials say will revitalize the wharf’s surrounding area.

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