It's impressive and it's big -- stand the Queen Victoria on end and it is taller than the Transamerica Pyramid.
Newsom says the city is going to build a new cruise ship terminal with the sale of $36.6 million in port bonds.
"Of the $36 million, $10 million will go immediately to the design and planning of a world class terminal, so people will have the benefit of that," he said.
It will be built at Pier 27 where a privately financed plan 10 years ago did not work out. The mayor says construction can begin in early 2012 and finish two years later. It will create 650 jobs.
The Queen Victoria and other cruise ships dock at Pier 35 now, which will get $5 million in upgrades.
Tourism is San Francisco's No.1 industry. Newsom says in just the 11 hours the Queen Victoria docked in the city, passengers got off and spent $800,000.