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San Francisco Planners Approve Treasure Island Development

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Treasure Island development, rendering

An artist rendering of proposed development on Treasure Island. (Skidmore, Owings and Merrill)

SAN FRANCISCO (CBS SF) – A proposed $1.5 billion neighborhood on Treasure Island was given the green light in a close vote by planners, but the plan still faces hurdles.

San Francisco’s Planning Commission voted 4-3 on Thursday, split along commissioners appointed by the mayor and those appointed by the city’s Board of Supervisors.

It will be next considered by the supervisors.

KCBS’ Chris Filippi Reports:

The plan includes 8,000 residential units and a 450-foot high-rise on the island located in San Francisco Bay between the city and Oakland.

Critics say the man-made island would not fare well in an earthquake and that the project would increase traffic on the San Francisco-Oakland Bay Bridge.

Supporters say developing these 400 acres in the middle of San Francisco Bay is a unique opportunity.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report.)

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