San Francisco Planners Approve Treasure Island Development
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.
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