San Francisco supervisors OK Treasure Island plan

SAN FRANCISCO (AP) — Supervisors approved a gigantic redevelopment project for Treasure Island that includes 8,000 homes, 140,000 square feet of retail space and high-rises as tall as 450 feet.

The Board of Supervisors voted 11-0 Tuesday to approve the project under a plan that’s been nearly 15 years in the making.

The project would take 20 years to remake the 400-acre site of an old Navy base in San Francisco Bay, which currently has fewer than 2,000 full-time residents. Groundbreaking could take place as early as next year.

Developers called the unanimous vote a victory not just for them but for members of the community who have been waiting years to see the island’s potential realized.