San Francisco Unveils Major Stadium, Housing Plans
In an effort to woo the city's NHL team back, Mayor Gavin Newsom announced a planned partnership with Lennar Corp. of Miami to turn a blighted and contaminated part of the city into a new mixed-use community.
"The neglected areas of San Francisco's southeast shore would be remade into a destination spot with a new football stadium, hundreds of acres of open space and thousands of new homes under an ambitious city proposal that rivals plans for Treasure Island and Mission Bay.
Mayor Gavin Newsom says his plan for the 790-acre site would not require public funding for a stadium at the Hunters Point Naval Shipyard, a toxic site that the Navy is cleaning up. The plan also calls for a new look for Candlestick Point, where the 49ers' current stadium would be bulldozed to make way for high-rise homes, retail shops and parks.
The plan, unveiled Monday night, makes other far-reaching promises, such as plentiful parking for tailgate parties, no seizures of privately owned homes, possible rebuilding of a troubled housing project and, ultimately, the chance for city voters to bless the final vision.
"We have a plan that we can finance -- no surprises,'' Newsom said in an interview. "I want to put pressure on the 49ers. I want to make it very difficult for them to leave our city,'' Newsom said.
The team is working on a plan to build a stadium in Santa Clara and is trying to raise public support for partial public financing. A detailed financing plan for that project is expected next month."
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