Mayor Lee Announces First Major Transfer of Treasure Island/Yerba Buena Island From U.S. Navy to City

Mayor Edwin M. Lee today announced that the City has accepted the transfer of nearly 300 acres of Treasure Island/Yerba Buena Island from the U.S. Navy in anticipation of the redevelopment that will create 8,000 homes, 25 percent of them affordable, and jobs and parks and open space. The transformation of the former naval base is one of the most important development projects in the City’s history


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