Posted inEconomy & Business, Government & Politics, Health, Housing, Labor, Land use, News, Treasure Island

Homebuilder Lennar uses federal taxpayer funds to balance its books

In 2006, things were looking good for Lennar, America’s second-biggest homebuilder. That year, before the U.S. housing market’s epic collapse, the Miami-based giant pulled down $15.6 billion in revenues and closed sales on 29,568 homes. The ink was just drying on a massive and potentially lucrative deal to transform Treasure Island with new housing complexes, and the well-connected Lennar already had secured a deal to develop the Hunters Point Shipyard that the Navy was turning over to San Francisco.

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Posted inEnvironment, Health, News, Treasure Island

Pollution: experts concerned about Treasure Island cleanup as seas rise

Many Treasure Island sites have been decontaminated through soil removal or capping, which entails covering the remaining toxic soil with a clay cap. But there is growing concern that coastal sites once considered sufficiently remediated may become problematic as sea levels rise. Contaminated soil could come in contact with ground water as the sea pushes it higher. Bay Area scientists and regulators are beginning to explore the problem given the large number of former military sites in the region.

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Posted inCity Hall, Economy & Business, Education, Health, Labor, Neighborhoods, News, Technology

Heart, neuroscience buildings to boost UCSF economic impact

The University of California, San Francisco, is slated to begin several large new projects at the Mission Bay medical center, including buildings dedicated to cardiovascular and neuroscience research. UCSF Chancellor Susan Desmond-Hellmann, who shared a new report on the impact the university has had on the city, said the university is the second biggest employer in the city.

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