The San Francisco County Transportation Authority has been named the Mobility Management Agency for Treasure Island and will be responsible for managing the transportation plan for the island’s approved redevelopment which includes up to 8,000 housing units, 300 acres of open space, 500 hotel rooms and 450,000 square feet of retail and historic reuse.
At the center of the transportation plan for Treasure Island, a congestion pricing program for those in cars, the first such program in the country, and better public transportation, too:
Drivers coming to or from the island during peak periods will pay a toll, and all parking on the island will be priced. Revenues from the program will be used to fund bus and ferry service, as well as shuttles and pedestrian and bicycle amenities within Treasure Island.
In addition to the fee for motorists traveling to or from the island during peak hours, the travel demand management strategy calls for parking spaces to be sold separately from residential units in the new developments, requires pricing of all visitor parking on the island, and requires that residents and hotel guests purchase transit vouchers.
Ferry service will operate from a new Terminal and Transit Hub to be located on the western shore of Treasure Island, serving buses and a fleet of four alternative-fuel island shuttles for residents, employees, and visitors as well.
The pricing program policy analysis to determine who, when, how much and in what direction tolls will be paid is underway with recommendations due by the end of the year. Design and installation is slated to get rolling in 2015.