Newsom in DC to hammer out Treasure Island deal

Mayor Gavin Newsom will meet with high-level Pentagon officials today to try to hammer out a deal on Treasure Island, according to a report by Washington, D.C., newspaper The Hill.

The City has been in negotiations for years over Treasure Island, a shuttered Navy base San Francisco is attempting to purchase from the military. At issue is the purchase price of the island: according to The Hill, the Navy has appraised the property at $240 million, while San Francisco believes its value to be just $14 million.

City leaders had hoped the change in presidential administrations would make way for easier negotiations. San Francisco’s congresswoman and House Speaker Nancy Pelosi had even pushed for a bill that would have required the federal government to give the land to The City. However, President Barack Obama opposed the base giveaway in September.

— Katie Worth

Bay Area NewsGovernment & PoliticsPoliticsUnder the Dome

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

SF officer involved in shooting death of homeless man quit while facing discipline, landed new job in Antioch

An officer who faced discipline for needlessly escalating a confrontation that led… Continue reading

SF to resume issuing parking tickets if vehicles not moved for street sweeping

San Francisco has not enforced parking violations for street sweeping since a… Continue reading

Bar patrons answer call to save Aunt Charlie’s

Fans of Tenderloin drag queen haven and neighborhood spot quickly donate

Thousands flood Mission District for youth-led George Floyd protest

As civil unrest over the killing of George Floyd continued Wednesday in… Continue reading

Vallejo police officer kills SF man after mistaking hammer for gun

A Vallejo police officer fatally shot a man suspected of looting who… Continue reading

Most Read