The China Development Bank has approved a $1.7 billion loan to finance the development of the Hunters Point Shipyard, Candlestick Point and Treasure Island, developments which represent nearly 20,000 new homes in San Francisco’s housing pipeline. From the Business Times with respect to the timing and deal: The loan... Read More »

Seeking nearly $2 billion to kick-start the development of Hunters Point and Treasure Island in San Francisco, according to the Wall Street Journal, developer Lennar is in talks with the China Development Bank (CDB) to provide the capital with former deputy mayor of San Francisco, Kofi Bonner, leading Lennar’s... Read More »

“Federal and city officials announced Monday they would investigate new allegations that government staff colluded with developer Lennar Corp. to cover up health risks associated with the redevelopment of the Hunters Point Naval Shipyard in San Francisco. The U.S. Environmental Protection Agency and the San Francisco Department of Public... Read More »

San Francisco’s Board of Supervisors approved the redevelopment plans for Hunters Point by a vote of 10-1 yesterday. Supervisor Daly offered the sole dissenting vote. In 2008 San Francisco voters rejected a ballot measure which would have required 50 percent of the proposed 10,500 new Hunters Point residential units... Read More »

Rather than razing Building 101 and relocating the artist studios within as part of Lennar’s redevelopment of Hunters Point Shipyard, the former Navy fallout shelter (and piece of “The Point“) will be rehabilitated thanks to a $2.1 million federal grant. The renovated Building 101 will become the hub of... Read More »