What’s happening in the SF Treasure Island construction maze?
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SAN FRANCISCO (KRON) — San Francisco’s Treasure Island has looked like a maze of construction zones for years. More than 1,000 union workers are transforming the former U.S. Naval Base into the Bay Area’s single largest source of new housing.
With 8,000 new homes, hundreds of parks, and revamped infrastructure in the construction pipeline, Mayor London Breed dubbed the island, “San Francisco’s newest neighborhood.”
Breed and Supervisor Matt Dorsey introduced legislation earlier this week to ensure that Treasure Island, as well as adjacent Yerba Buena Island, stay on track and continue to deliver new homes at all income levels.
According to state housing officials, San Francisco is required to build more than 80,000 new homes by 2030. “Treasure Island, and the thousands of new homes being built there, is key to San Francisco’s economic recovery,” said Breed, who once lived on the island.
The new legislation is designed to ensure the redevelopment of Treasure Island undergoes a smooth transition from Phase 1, which began in 2015, to Phase 2.
Over the past three years, nearly 1,000 homes have been built, opened, or are under
construction. A new seawall and ferry terminal were built, and regular daily ferry service is
ongoing from Downtown San Francisco. New businesses are also opening as the new neighborhood evolves.
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“Treasure Island is the city’s largest housing project under way in a moment when there is a
tremendous push, not only to build new housing, but to boost economic activity,” said Supervisor Matt Dorsey.
The city’s private sector partner, master developer Treasure Island Community Development, has already built hundreds of millions of dollars’ worth of new infrastructure and homes, the mayor’s office said.
There are 24 construction trades currently working on Treasure Island and Yerba Buena Island.
“Treasure Island is a crucial part of San Francisco’s post-pandemic recovery,” said Rudy Gonzalez of the San Francisco Building and Construction Trades Council. “We are proud of the work these skilled and trained craftsmen and craftswomen in bringing housing on-line and rebuilding Treasure Island for the 21st century.”
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