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Treasure Island developers say 168-slip marina is permitted; board asks for financing proof and performance milestones
Summary
Treasure Island Enterprises told the TIDA board the long‑planned 168‑slip marina has secured required permits and near‑final financing, and the board pressed the developer for written financing proof and a performance schedule with construction milestones.
Treasure Island Enterprises representatives told the Treasure Island Development Authority (TIDA) board on July 9 that the long‑planned 168‑slip marina for Clipper Cove has full regulatory approvals and financing arrangements are expected to be finalized within weeks. Board members said they want written evidence of financing and a timetable of performance milestones before construction begins.
Jay Wallace, a principal with Treasure Island Enterprises, said the project “continues to be 168 slips on 4 gangways” and that the developers recently received unanimous approval from the Bay Conservation and Development Commission (BCDC), and have approvals from the Regional Water Quality Control Board and the U.S. Army…
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