New marina for San Francisco Bay
USA: Sonoma-based developer Kenwood Investments has secured approval from the Bay Conservation and Development Commission (BCDC) in San Francisco, California to build a new 168-slip marina in Clipper Cove, Treasure Island. It will be the first new marina in the Bay area in nearly 25 years.
The $25 million project will be built by Treasure Islands Enterprises, an entity related to Kenwood Investments, which is leasing the project area from the Treasure Island Development Authority, the San Francisco agency that overseas the economic development of the island.
The marina will be constructed in Clipper Cove, which separates Treasure Island from Yerba Buena Island and abuts the road connecting the two islands. It will entirely replace an aging and decaying facility with vastly improved docks and gangways.
“We are excited to move ahead on a project that we have been planning for many years, and that has undergone a meticulous review and approval process,” said Darius Anderson, Kenwood Investments CEO. “In all our efforts on Treasure Island, we have brought together the best and brightest designers, builders and community partners. This is just the latest example.”
The project is expected to begin construction by 2026 and take about two years to complete, with all work in the water itself planned to be completed in a single season.
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