Stockbridge

Treasure Island at full build-out, rendering by Steelblue

First New Structure Tops Out, New Renderings for Treasure Island Redevelopment, San Francisco

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.

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Yerba Buena Island aerial overview

Construction Underway on Yerba Buena Island, San Francisco

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.

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Partial buildout of Phase One, Parcel C3.2 is adjacent to the much taller Parcel C2.1 tower, rendering by Steelblue

Concrete Starts Rising on Treasure Island in Largest Residential Development in the Region

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.

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The Estate Homesites

Sales Begin for Yerba Buena Island Housing In San Francisco

Multi-billion-dollar housing development is all set to be revealed in Yerba Buena Island; an island settled in the bay between Oakland and San Francisco. Yerba Buena Island will soon be home to 226 luxury apartments priced at a minimum of $1 million. San Franciscan boutique Real Estate venture, Wilson Meany, is the developer and investor. The Agency and Stockbridge are also managing the development of the project. The project celebrated groundbreaking in mid-2019.

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