Treasure-island03.jpgThe San Francisco Planning Commission tonight will consider finalizing the environmental review of a $1.5 billion project that would transform Treasure Island.

The city has been working to redevelop the 404-acre island in the middle of the Bay since the U.S. Navy closed its base there in 1997.

The project would add up to 8,000 residential units, up to 140,000 square feet of commercial space and as much as 100,000 square feet of new office space, as well as new and upgraded roads and infrastructure, including a new ferry terminal.

The island, constructed by the federal government in the late 1930s, requires extensive seismic retrofitting and flood protection.

A report on the project prepared for the Treasure Island Development Authority states that the island is vulnerable to soil liquefaction during an earthquake, and that the estimated rise in sea levels over the next century would put most of the island underwater.

The planning commission will consider approving the final environmental impact report for the project tonight. The construction would take up to two decades.

If approved, the project will have to receive final approval from the Board of Supervisors.
The commission meeting will begin in the supervisors’ chambers at City Hall at 6:30 p.m. The Treasure Island items are not expected to be considered until at least 7:30 p.m.

Dan McMenamin, Bay City News

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