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Treasure Island development plans accelerate with affordable housing and infrastructure improvements

November 15, 2023 | San Francisco County, California


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Treasure Island development plans accelerate with affordable housing and infrastructure improvements
In the heart of San Francisco, city officials gathered to discuss significant developments that promise to reshape the landscape of Treasure Island and its surrounding areas. The meeting highlighted a series of ambitious projects aimed at enhancing public infrastructure, affordable housing, and community engagement.

Ferry service, which began in early 2022, has already transformed transportation options for residents. The completion of Bay Bridge freeway on-ramps in 2016 and ongoing improvements signal a commitment to better connectivity. As the city looks ahead, officials are excited about the completion of public parks and stormwater pump stations, which are crucial for environmental sustainability.

Housing remains a focal point of the discussions, with nearly 1,000 new units expected to be completed by early 2025. This includes the recently opened Bristol Condominium, a 124-unit building, and the Maceo Mei Apartments, a 100% affordable project for formerly homeless veterans and their families. Currently, the Starview Court, another 100% affordable housing development, is under construction and is set to welcome residents by late 2024.

The meeting also addressed the need for modernizing agreements established in 2011 to better reflect current economic conditions and community needs. City officials emphasized the importance of aligning development timelines with the realities of today, ensuring that community benefits and affordable housing commitments are met. This includes a review of the Treasure Island Development Authority's budget to enhance support for the neighborhood, treating it as an integral part of San Francisco rather than just a development site.

To facilitate these goals, the city is considering accelerating fiscal resources to advance infrastructure development and streamline permitting processes. This proactive approach aims to foster a collaborative relationship between the city and developers, ensuring that projects progress efficiently and effectively.

As the meeting concluded, the overarching sentiment was one of optimism. With a clear vision for the future, San Francisco is poised to transform Treasure Island into a vibrant community that meets the needs of its residents while addressing the challenges of urban development. The commitment to affordable housing and infrastructure improvements reflects a broader dedication to creating a sustainable and inclusive city for all.

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