Developer FivePoint Communities has cleared hurdles, and the financing flowing again for two major California projects, one on San Francisco's Treasure Island and one at the El Toro Marine Corps Air Station near Irvine.
Reporter Teresa Burney talks with Emile Haddad, CEO of FivePoint Communities, about the challenges of operating in today's economy. In the article, Haddad says, "We will be in the position of being the only private developer who can deliver finished home sites there when the market comes back."
Burney writes that FivePoint's major projects are getting financing and planning approvals in order to proceed:
"Last July approvals for 11,000 home sites and three million square feet of commercial were filed for Hunters Point /Candlestick Park, and a settlement with the Sierra Club was worked out in January; a settlement is being worked on with another group as well, Haddad said."
FULL STORY: FivePoint Communities Plans Ambitious Developments for California
S.F. Bay Area Megaprojects Not Coming to Fruition
Plans for numerous large-scale developments in the region mean thousands of housing units should be on the way, but constant delays and setbacks have left projects nowhere near completion.
California's Business-Friendly, Bipartisan Approach to Climate Change
Gov. Jerry Brown, accompanied by former Gov. Arnold Schwarzenegger, signed legislation to continue the cap-and-trade program initially authorized under a bill signed by his Republican predecessor 11 years ago at the same Treasure Island location.
An Expanding Vision for San Francisco's Treasure Island
San Francisco is starved for ideas for ways to meet growing demand for housing, and skyrocketing prices. Here's a big idea: how about building space for some 20,000 new residents on Treasure Island, located in the middle of the bay?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
USGS Water Science Centers Targeted for Closure
If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
Portland Council Tentatively Approves Sidewalk Repair Plan
The proposal would address sidewalk needs in Portland’s District 1 and District 4.
Expanding Access to Design Education at Honolulu Community College
Honolulu Community College’s Architecture, Engineering & Construction Technologies program highlights the role of community colleges in preparing nontraditional students for careers in architectural and construction technologies.
Integrating Human Rights Into Energy and Extractive Sector Transitions
Why just transition efforts must move beyond economic considerations by embedding human rights principles into business practices to ensure equitable, transparent, and accountable outcomes for affected communities and workers.
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