Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board of Supervisors endorses Treasure Island development plan with transportation and displacement protections
Summary
The Board of Supervisors voted to endorse a term sheet and development plan for Treasure Island with amendments that tighten transportation financing, extend some general-fund subsidy deadlines, strengthen board oversight and add relocation/affordability protections for existing island households.
The San Francisco Board of Supervisors on Dec. 12 endorsed a development plan and term sheet for the redevelopment of Treasure Island, adopting several amendments that supervisors said are intended to protect the city’s budget and island residents while moving the long‑running project forward.
Supporters said the endorsements set policy parameters for a project that could include about 6,000 housing units, 30 percent affordable housing, and tens of millions in funding for affordable units and parks. Michael Cohen, a project representative, told supervisors the plan is intended to provide the framework for work over the next 18–24 months, including project‑level environmental review and a development deal with the project sponsor.
The board adopted amendments that require the Treasure Island developer and Treasure Island Development Authority (TIDA) to: demonstrate transportation financing that…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
