More Treasure Island development news
From today’s Examiner,
The latest blueprints for Treasure and Yerba Buena islands include a fifth high-rise residential tower, 6,000 apartments and condominiums, three ferries and an aggressive incentive plan to get people out of their cars and onto ferries and buses.A prior proposal, announced late last year, called for 5,500 housing units, four towers of at least 30 stories and one less ferry to shuttle residents to San Francisco.
“We need a critical mass of people living on the island” to make it work financially, said Michael Cohen, of the Mayor’s Office of Base Reuse and Development.
The redevelopment plan calls for providing at least 1,800 affordable units and a 338-acre park.
Under the $1.19 billion proposal that’s still being hammered out, all parking would come at a price, residents would have to buy public transportation passes and cars driven off the island during rush hour would pay an extra fee, Treasure Island Development Authority members learned Wednesday.
“This is a land plan that makes it easy to walk,” said Chris Meany, of Wilson Meany Sullivan, a development firm. “With the carrot and the stick, you encourage people to do the right thing.” [more...]
Islands’ redevelopment plan takes shape [Examiner]
Treasure Island development plan [SFGate]
Buried treasure [SFBG]
