San Francisco Claims Treasure Island
The City of San Francisco has secured a deal with the U.S. Navy to purchase Treasure Island, a man-made island in the middle of San Francisco Bay. The city has broad plans to redevelop the site.
"The agreement paves the way for the city to undertake one of its most ambitious development projects - remaking the closed naval base on a man-made island in the middle of San Francisco Bay into a model of sustainable development.
'We can finally begin the hard work of making sure the city's grand vision for Treasure Island can be realized,' Newsom said in a statement announcing the deal with Secretary of the Navy Ray Mabus."
Treasure Island was built in the 1930s for the Golden Gate International Exposition and was later turned into a Naval base. The City has agreed to a $55 million guaranteed payment over the course of several years. The full cost could total about $105 million.
Full Story:
Published on Thursday, December 17, 2009 in
Topics
- Is There a Perfect Density?
- Six States Considered Laws to Make it Legal to Run Over Protestors This Year
- Aurora Rising
- The Most Effective Way to Reduce Employee Driving
- Imagine: A City Built for Cycling
- Corridors Are the Secret to Improving Transit in Small Cities
- $604 Million Makeover Coming to San Francisco's Market Street
- Five Big Ideas About the Future of Transportation and Land Use in Los Angeles
- The 'Steady Decline' of Suburban America
- Trump's Infrastructure Plan Slow to Materialize Despite New Executive Order, Flow Chart
- High-Speed Rail Takes Steps Forward in Houston, Though Challenges Remain
- L.A. County Pilot Project Will Pay Homeowners to Add Granny Flats
- Ventra-Divvy Integration in the Works, Says Transportation Commissioner
- Search the Location of the Nearest Confederate Monument
- What Will Become of London's Transit Megaproject After Brexit?
- Setting a Higher Bar for Bus Rapid Transit
- Housing Construction in Seattle and Vancouver a Study in Contrasts
- Major Ride Share Companies Accused of Taking Advantage of CTA Fatality
- More Than Infrastructure Needed for Minority Bike Adoption
- Another Tool to Build Public Infrastructure in Post-Redevelopment California
