HUNTERS POINT

Lennar Details 300-Acre Green Space Plan for San Francisco Project

By Paul Rosta - Commercial Property News, August 10, 2007


Seven miles of waterfront walkways, wildlife habitat and restored wetlands will mingle with the redevelopment of Candlestick Point and Hunters Point Shipyard, Lennar Urban’s massive mixed-use project on San Francisco Bay.

Project developer Lennar Urban, a division of Lennar Corp., disclosed the specifics of the 300-acre open-space proposal Wednesday night at a meeting of the San Francisco Neighborhood Parks Council. The open-space plan is a centerpiece of Lennar Urban’s 771-acre master redevelopment plan for Candlestick Point and Hunter’s Point Shipyard, a former Navy base on the bay. Thomas Balsley Associates and Royston Hanamoto Alley & Abey are developing the plan, part of Lennar Urban’s emphasis on sustainable development and brownfield reclamation.

All told, Lennar Urban is planning a mixed-use project consisting of 9,000 residences, 700,000 square feet of retail and entertainment space, a performance venue of between 8,000 and 12,000 seats, and 2 million square feet of office space. Full buildout is expected to take well into the next decade to complete, a Lennar spokesperson told CPN this morning. Grading and infrastructure are nearly complete for the project’s first phase, which will include 1,600 homes on the 63-acre former site of a military housing complex. Construction of the first phase should take about five years.

Probably the biggest question surrounding the project is whether the San Francisco 49ers will commit to a new football stadium Lennar intends to build on the site. The team is still exploring its options, but the project as a whole will go forward even without the stadium, the spokesperson said. Construction on the second phase could start in 2009 or 2010 if the project wins final approval in about two years.