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San Francisco's America's Cup Dilemma

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    Businesses threatened as city preps for tourism dollars

  • Duration 1:54
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Already causing a a big splash on the San Francisco Bay.

A.

The America's -- sales and the city two Summers from now with the promise of an economic windfall there's no more natural.

Global amphitheater then San Francisco back officials estimate that will bring in one point four billion dollars.

That's money spent -- shops hotels.

And restaurants like water bar I think we'll probably see somewhere between.

Attended 40% increase in business over that two week period.

And many merchants plan to hire more than 8000 jobs are expected by race time.

But it's not all smooth sailing 77 waterfront businesses are being -- to make way for -- Americans come village a new cruise ship terminal.

And public viewing area.

Among those pulling up stakes to -- presidents on one of the city's top tourist attractions.

And with more than a hundred employees one of the -- biggest -- Without a new big -- this long running -- -- could close for good.

Just -- and market -- the manager of this popular soccer facility also hopes he can reopen somewhere else.

I think -- -- -- with soccer and audio or businesses are looked after.

By the CN report everything -- This city is working to find new homes for displaced merchants even as it prepares to host 500000.

People.

Never before have so many spectators been able to watch the -- -- from land or from a dining table the race course is actually right outside our windows.

Big turnaround right here from the Bay Bridge.

Quicktime trial starting next year organizers are now racing to showcase -- most popular event and the best of the day.

Not only for those here but -- TV audiences and potential visitors watching around the world.

In San Francisco Claudia Cowan Fox News.