Articles Recently Tagged: Treasure Island

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Treasure Island Redevelopment Could Break Ground In 2016

Treasure Island Redevelopment Could Break Ground In 2016

Lennar Urban is aiming to start construction on the redevelopment of Treasure Island in 2016 and the first phase of the massive 8,000-unit development, 500 new housing units on Yerba Buena Island along with retail next to the marina, could be completed by 2018, according to the Chronicle. In addition to a new round of radiation testing Read More »

Congestion Pricing Coming To Treasure Island, Transportation Too

Congestion Pricing Coming To Treasure Island, Transportation Too

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 Read More »

$1.7B Treasure Island/Hunters Point Development Deal Falls Apart

$1.7B Treasure Island/Hunters Point Development Deal Falls Apart

While $1.5 billion has just been secured to develop Oakland’s Brooklyn Basin, the $1.7 billion loan needed to develop San Francisco’s Treasure Island and Hunters Point has fallen through as Lennar and the China Development Bank have failed to reach terms. As noted in December when Lennar had announced the Bank’s approval of the loan: Read More »

$1.7 Billion Approved For Hunters Point/Treasure Island Development

$1.7 Billion Approved For Hunters Point/Treasure Island Development

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 will provide $1 billion for Hunters Read More »

Turning To China For Capital To Kick-Start Developments In SF

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 charge. In recent years, Chinese state Read More »

Treasure Island Redevelopment Plans Approved! (Appeal Rejected)

Treasure Island Redevelopment Plans Approved! (Appeal Rejected)

Narrowly passed by San Francisco’s Planning Commission in April, last night San Francisco’s Board of Supervisors unanimously approved the 550 acre redevelopment of Treasure and Yerba Buena Island and rejected the appeal backed by the Sierra Club and Aaron Peskin. Over the next few decades, 240,000 square feet of retail and commercial, 10,680 parking spaces, Read More »