Wikipedia

Treasure Island Development

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6ert|405|acre|sing=on}} 9major redevelopment project 8ref>ht48tp://sftreasureisland.org/development-project</ref> 8vert|20|acre|sing=on}} [[4|- ! Name ! Floors |- | Sun Tower | 60[1]| Treasure Island Tower I | 40 |- | Treasure Island Tower II | 40 |- | Treasure Island Tower III | 40 |- | Treasure Island Tower IV | 40 |- |}

Artist's impression of an aerial view of the new Treasure Island development

Project Status

The City of San Francisco has been working to redevelop the 404-acre island since the U.S. Navy closed its base on the island during 1997. The Treasure Island Project is being developed by a joint venture between Lennar Corporation and Kenwood Investments.[2] On June 7, 2011 the Board of Supervisors Voted 11-0 to approve the project, City officials are now working with the US Navy on a property transfer. The project is scheduled to start during mid-2012, with the construction of homes and retail spaces beginning in 2014 with the first new homes to be occupied by 2015. The project would create 3,000 permanent jobs and 2,000 construction jobs.[3] Currently, Treasure and Yerba Island are home to 1,800 San Franciscan residents, who have access to a budding cultural hub, which includes commercial tenants, restraints, schools, community organizations, event venues, sporting clubs and athletic leagues.[4] Construction of the large development started in March of 2016.[5]

Criticisms

The island's soil might be toxic.[6] The land is prone to subsidence and liquefaction in event of an earthquake.[7]

After the city of San Francisco initially approved the project in 2011, a group called "Citizens for a Sustainable Treasure Island", led by former city supervisor Aaron Peskin, filed a lawsuit against the city and the developer, out of concern that the project's impact on environment and traffic had not been properly reviewed.[8] The courts rejected the complaint, with the California Supreme Court declining an appeal in October 2014.[8]

See also

References

  1. ^ |-
  2. ^ Cite error: The named reference Treasure was invoked but never defined (see the help page).
  3. ^ kane, will (June 8, 2011). "S.F. approves Treasure Island plan". sfgate. Retrieved June 8, 2011.
  4. ^ http://sftreasureisland.org/visit-treasure-and-yerba-buena-islands
  5. ^ http://www.sfexaminer.com/construction-begins-long-awaited-treasure-island-development/
  6. ^ http://www.sfgate.com/bayarea/article/Is-Treasure-Island-toxic-Residents-worries-grow-5238789.php
  7. ^ http://www.unh.edu/nges/treasure.html
  8. ^ a b Wang, Kristy (2014-12-10). "At Last, Thousands of New Housing Units on the Way in SF". SPUR. Retrieved 2015-11-01.

37°49′33″N 122°22′30″W / 37.825956°N 122.375122°W / 37.825956; -122.375122

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