SAN FRANCISCO—Mayor Ed Lee is said to be close to finalizing a deal with an international development team that would bring $1.7 billion in residential development to Hunters Point and Treasure Island.
Representatives of The China Development Corporation met with the mayor and other officials here recently in advance of Lee's overseas trip that could see him inking the deal in China, according to the San Francisco Chronicle.
"We're trying very hard to time it so that my arrival is for a celebration rather than more negotiations," Lee told the paper last week.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
