Treasure Island Development Plans Inching Forward

By Matt Smith and Katharine Mieszkowski, Bay Citizen

After a decade of delays, San Francisco is taking concrete steps toward turning the former sandbar known as Treasure Island into a $1.5 billion condominium community.

However, obstacles remain for the project, a top priority for three of the city’s mayors. Barriers include political uncertainty about a bid for loans from the Chinese government, a pending environmental lawsuit, and residents’ worries about the U.S. Navy's cleanup of toxic and radioactive waste at the former military base.

“We can’t say with certainty they will not find additional stuff,” project director Michael Tymoff told a Nov. 28 meeting of island residents. But “our experts and the California Department of Public Health will be watching to be sure the Navy is properly conducting their surveys and working to the highest human health standards.”

Read the complete story at Bay Citizen.