[CPEO-MEF] REUSE: Treasure Island (San Francisco, CVA) land transfer

[Lenny Siegel <lsiegel@cpeo.org>]

SF receives first major transfer of land for Treasure and Yerba Buena islands project 

By Laura Dudnick 
San Francisco Examiner (CA)
May 28, 2015

A plan to build thousands of homes on Treasure Island that has been nearly two decades in the making is now one step closer to reality.

Today, Mayor Ed Lee is expected to announce the receipt of 290 acres of Treasure and Yerba Buena islands from the Navy in anticipation of the development of 8,000 homes (including 2,000 at below market rate); 500,000 square feet of commercial, retail and office space; up to 500 hotel rooms; a ferry terminal; and 300 acres of parks and open space.

The deal marks the first major property transfer in the project. The remaining 200 acres will be passed over in five subsequent transfers over the next seven years, said Robert Beck, director of The City's Treasure Island Development Authority that oversees the islands.


…

For the entire article, see
http://www.sfexaminer.com/sanfrancisco/sf-receives-first-major-transfer-of-land-for-major-treasure-and-yerba-buena-islands-project/Content?oid=2931673

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Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
LSiegel@cpeo.org
http://www.cpeo.org




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