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.
Permit applications have been submitted seeking the review of a residential project proposed in Natomas, Sacramento. The project proposal includes the development of a suburban senior housing complex comprising of seventeen new buildings. Lennar Corporation is the project developer.
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.
Permits have been filed for 17 new buildings to be added to Northlake’s master-planned district in Natomas, Sacramento. One hundred ninety-one residential units will be produced, all to be sold as affordable housing for older…