The City of San Francisco recently inked a deal to purchase the man-made Treasure Island sitting in its bay. But some wonder if an island threatened by rising sea levels was really such a smart buy.
The city has plans to redevelop the former Naval base into a 6,000 home neighborhood.
"Skeptics question whether a recently announced deal that will pay the Navy at least $55 million to transfer most of the island and part of neighboring Yerba Buena Island to the city is a good idea.
Is it smart, they ask, to pay millions for an island with postcard views but built out of seismically unsafe sand and gravel while the San Francisco Bay Conservation and Development Commission predicts climate change will raise sea levels more than 4 1/2 feet by 2100?
Absolutely, says Mayor Gavin Newsom's administration."
FULL STORY: Treasure Island utopia gets reality check
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UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research