Vertical construction has begun on the first new residences on Yerba Buena (credit: Hayes Davidson).
SAN FRANCISCO—Treasure and Yerba Buena Islands, often referred to collectively as former Naval Station Treasure Island or Treasure Island, are home to approximately 1,800 residents as well as small businesses, restaurants, a grocery store, schools, a boat marina, athletic fields, a special event/film/photo production facility and sporting clubs. But now, a milestone two decades in the making is set to change the landscape of the naturally formed island.
Vertical construction has begun on the first new residences on Yerba Buena Island, according to boutique developer Wilson Meany and real estate investment firm Stockbridge Capital Group. The development represents the creation of 266 residences, part of an approximately $1.5 billion residential and commercial development on the island as a whole.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
