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.
Swords of Plowshare
A new multifamily affordable housing project has broken ground on Treasure Island, San Francisco. This one project, known as the Maceo May Apartments, will add just over a hundred new residential units, of which 65 are for veterans. The six-story structure is a modular construction, yielding 104,000 square feet across the 0.74-acre parcel. The building will be a mix of studios, one-bedrooms, and two bedrooms. The Chinatown Community Development Center and Swords of Plowshare, a Bay Area developer, will be developing the project jointly.