Grading permits have been filed for Building C3.4 in the redevelopment of Treasure Island in San Francisco. Building C3.4 will create 160 units, a portion of the 8,000-unit masterplan that aims to reshape the artificial island in the center of the bay into a thriving neighborhood with housing, offices, and shops. Lennar Corporation, a Treasure Island Community Development (TICD) venture partner, is responsible for the application.
Construction has topped out on the first new building in the Treasure Island redevelopment plan. The progress comes as San Francisco’s Mayor London Breed embarked on a boat ride from the Ferry Building to Treasure Island’s new passenger boat terminal last week, ahead of the January 2022 start of public ferry rides. Treasure Island’s roughly 8,000 unit redevelopment plan is led by Treasure Island Community Development (TICD), a partnership with Stockbridge Capital Group, Wilson Meany, and Lennar Corporation.
San Francisco’s Yerba Buena Island, in the water halfway between the city and Oakland, is being redeveloped with over two hundred apartments. Commuters on the Bay Bridge will have already noticed The Bristol Residences, a newly-clad apartment complex facing the East Bay. Now, groundbreaking has occurred and construction is underway for the Townhomes and the Flats residences. San Francisco-based Stockbridge Capital Group and the developer Wilson Meany are jointly developing for the project. CAHill is responsible for construction.
New building permits have been filed for a prominent new residential project on Treasure Island, an artificial island in San Francisco. The five-story building will add 117 new residential units as part of an 8,000-unit $6 billion district project in the Bay Area. Treasure Island Development Group, or TICD, is responsible for the development.
While sales for housing on Yerba Buena Island are underway, the first sign of concrete is finally visible on Treasure Island. The first of many buildings to come is rising at parcel C3.2, a 100% affordable housing development called the Maceo May Apartments. Its 105 units are a fraction of the largest master plan for residential construction in the Bay Area. The approximately 8,000-unit plan for the two islands is being developed by Treasure Island Community Development (TICD), a partnership with Stockbridge Capital Group, Wilson Meany, and Lennar Corporation.