Islands’ redevelopment plan takes shape

Updated proposal calls for more condos, emphasis on ferries, penalties for driving

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.”

Meany’s group is one of the would-be developers of Treasure Island. The Miami-based Lennar Corp. has agreed to pay $497 million as its portion to develop the manmade island between Oakland and San Francisco. Developers would eventually reap revenue from selling the residential units.

Treasure Island operated as a naval base during World War II, and it is still owned by the Navy. The City hopes to buy the 450 acres from the Navy for $40.5 million, the amount that cleaning up the island will cost, city officials said.

The proposal is slated to go to the Board of Supervisors in November or December, after a series of meetings in coming weeks to finalize details.

Under the proposed “congestion pricing management” plan revealed Wednesday, a resident choosing to drive to San Francisco during a weekday morning would be forced to pay an additional, yet-to-be-determined fee.

He or she, by virtue of living on the island, would possess a pass for riding Treasure Island ferries and buses.

Cohen compared the compulsory public transport pass with what a member of a homeowner association pays in monthly dues.

Treasure Island Development Authority board member John Elberling said he wouldn’t vote for the plan, including the current transportation component.

“Being mean to future residents is not a good tactic,” Elberling said.

mcarroll@examiner.comBay Area NewsLocal

Just Posted

San Francisco Giants manager Gabe Kapler, pictured in July at Oracle Park, says team members simultaneously can be “measured and calm” and “looking to push the accelerator.” (Chris Victorio/Special to The Examiner)
How Gabe Kapler sets the tone for Giants’ success with strategy, mindset

‘There’s no doubt in my mind that he’s the hands-down manager of the year’

Artist Agnieszka Pilat, pictured with Spot the Robot Dog from Boston Robotics, has a gallery show opening at Modernism. (Courtesy Agnieszka Pilat)
Screenshots of VCs, Kanye and tech parties by the Bay

In this week’s roundup, Ben Horowitz’s surprising hip-hop knowledge and the chic tech crowd at Shack15

If he secured a full term in the Senate, Newsom would become the most powerful Californian Democrat since Phil Burton at the height of his career, or maybe ever. <ins>(Kevin Hume/The Examiner)</ins>
Firefighters extinguish burning material near Lake Tahoe on Sept. 3 in the wake of the Caldor Fire; environmental scientists say the huge fire is bringing to light deficiencies in forest management. <ins>(Max Whittaker/New York Times)</ins>
Cal Fire, timber industry must face an inconvenient truth

We are logging further into the wildfire and climate crisis

Changing zoning in San Francisco neighborhoods where single family homes prevail is crucial in the effort to achieve equity. (Shutterstock)
To make SF livable, single-family zoning must be changed

Let’s move to create affordable housing for working class families

Most Read