The first phase of the transformative Treasure Island redevelopment has officially finished with the opening of 490 Avenue of the Palms. The six-story apartment complex has added 148 condominiums to San Francisco’s rapidly changing man-made island in the heart of the bay. The project has been co-developed by the Treasure Island Development Group, a partnership with Lennar Corporation, Stockbridge Capital Group, and Wilson Meany.
Construction has wrapped up, and leasing is underway for Hawkins, the six-story residential complex at 77 Bruton Street on Treasure Island, San Francisco. Move-ins started this month, with a range of studios to three-bedroom apartments. Lennar Corporation’s subsidiary, Quarterra Multifamily, is responsible for the project.
Late last month, YIMBY was invited to tour Treasure Island and Yerba Buena Island in San Francisco. Construction is pushing ahead on the first of several phases that will transform the two islands into a mixed-use neighborhood with roughly eight thousand apartments, retail, and public parks, and among the latest buildings to open includes the 22-story Isle House designed by David Baker Architects.
Star View Court has opened its doors to residents as the second affordable housing community to finish in recent years on San Francisco’s Treasure Island. The seven-story building has added 138 units to 78 Johnson Street, including 94 replacement units for families living on the artificial island. Catholic Charities and Mercy Housing are jointly responsible for the development.
A recent site visit to Treasure Island by YIMBY reveals significant progress has been made for the region’s most active construction project. Cranes and rising concrete have only started to divulge the scale of the 405-acre vision, nearly three decades in the making, that will redevelop San Francisco’s storied artificial island with a mixed-use urban neighborhood populated by around eight thousand homes. The Treasure Island Community Development joint venture sponsors the project.
