Thursday, April 29, 2010

Bay Area Treasure Island Redevelopment

Source and video clip (4:58): www.inhabitat.com

Transition to Mixed Land Uses and High Density
Planning has been underway apparently at several levels for this spectacular 400 acres of manmade island in San Francisco Bay. Treasure Island no longer operates as a military base. It may develop into a mixed use, high density and walkable community with land and water transit connections in the urban and beautiful Bay Area Region.

Problems: Political and Natural
(Excerpt) "After more than a decade of wrangling, the project is undergoing an environmental review...

...critics say the project faces numerous obstacles...

Another concern is getting financing..."
Development Scheme Skeptic
(Excerpt) "Tony Hall, former executive director of the Treasure Island Development Authority [TIDA], said the costs of reinforcing the island against potential earthquakes and removing toxic materials left behind by the military could make the project a tough sell for a bank.
'My contention is you'll never see that island developed under this present scheme,' said Mr. Hall, who was fired from his city-appointed post in 2005 after feuding over the island's direction with San Francisco Mayor Gavin Newsom."
The Navy Gets Paid
(Excerpt) "The Navy, under its [2009] agreement with the city (of San Francisco), would be paid $55 million over 10 years by a development partnership and another $50 million if the investors reach a projected rate of return [potentially $105 million total]."
Plans for Redevelopment of Treasure Island
(Excerpt) "After more than a decade of planning, The City [of San Francisco] says it is ready to begin building one of the 'greenest developments in the world' on the land, with new stores, office space, a hotel, a ferry terminal and at least 6,000 new homes...

Residential
1,320 Units in four skyscrapers on Treasure Island*
1,740 Units in 14 residential towers on Treasure Island*
2,520 Apartments in four-story buildings on Treasure and Yerba Buena islands*
500 Timeshare, hotel and wellness spa rooms on Treasure Island
600 Townhouses on Treasure and Yerba Buena islands*
* Indicates minimum

Commercial
135,000 Square feet of institutional space, including a school, police and fire departments and a sailing center.
270,000 Square feet of stores, including restaurants and entertainment venues.
325,000 Square feet of commercial space, including a ferry terminal, museum and parking."
Treasure Island Historical Timeline
(Excerpt) "Treasure Island built from fill dredged from bottom of [San Francisco] Bay in 1936-37. It was built to host the 1939 Golden Gate International Exposition.

In 1941, island leased to Department of the Navy ... [later that year] the Navy gained title to island.

After [the 1939 Golden Gate International Exposition]...island was scheduled to become an airport until the Navy took over the land in exchange for property near Millbrae [SFO]...

In 1993, Congress decided to close Naval Station Treasure Island.

In September 1997, the Navy ceased operations on the island and began the process of turning it over to The City [of San Francisco] ... a portion of [ajoining] Yerba Buena Island was transferred to the Coast Guard for continued operations.

In early 2000, the Treasure Island Development Authority initiated a Master Developer selection process, culminating in the selection of Treasure Island Community Development LLC...

In late 2006, a plan to redevelop the island was approved by the [San Francisco] Board of Supervisors...

In 2008, negotiations fail between The City [of San Francisco] and the Bush Administration aimed at setting a purchase price.

On September 22, [2008] it was reported that President Barack Obama doesn’t support a proposal that would release Treasure Island or other defunct military sites to municipalities for free."
Link I Found Today (LIFT)
The following is not intended as a continuation of the above subject. It is simply the last segment to read at the end of this post. This "LIFT" bonus feature may not be in any way appropriate or relevant to anything. And if it is -- it's probably a conscience ...
Not saying she may be the best this season, just saying she may be the most interesting. All her performances are generally good, but specifically check out 'Paint it Black' -- completely to her amazing ending of that song

!!