+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Home Newsletters Next Share

A San Francisco landmass that's neighbors with Treasure Island is getting 266 new luxury homes, some priced at $3 million. Here's what the finished project will look like.

Feb 10, 2020, 23:05 IST

The website boasts that "Yerba Buena Island is the best of San Francisco" — it's the city "as it was meant to be lived."

Advertisement

The island is a naturally-formed landmass that sits between Oakland and San Francisco. The Bay Bridge crosses through it.

Advertisement

It's neighbors with Treasure Island, a man-made landmass that will see the bulk of the 8,000 new housing units that are included in the project.

Both islands have jointly housed residents before the redevelopment began, including formerly homeless residents and others in need of supportive housing on Treasure Island.

Both islands have jointly housed residents before the redevelopment began, including formerly homeless residents and others in need of supportive housing on Treasure Island.

Advertisement

There will be 266 homes built on Yerba Buena Island.

The prices of the 124 units at The Bristol were the first to be announced. Studios are listed for $800,000, one-bedrooms at $1 million, two-bedrooms at $1.7 million, and three-bedrooms at $3 million.

The prices of the 124 units at The Bristol were the first to be announced. Studios are listed for $800,000, one-bedrooms at $1 million, two-bedrooms at $1.7 million, and three-bedrooms at $3 million.

Advertisement

The sales at The Bristol will kick off this spring and move-ins are expected to start in mid-2021.

The Bristol will be a five-story apartment building, but the townhome will be another type of housing unit offered on the island.

Advertisement

The townhomes will have a single-family home feel to them and are multi-story.

One collection of them will face the city of San Francisco.

Advertisement

The Flats include a single-story housing model, with fewer than 10 units in each building.

Prices for the Flats and Townhomes units aren't available yet.

Advertisement

But 27% of the housing units on both Yerba Buena Island and Treasure Island will be affordable, or below-market-rate.

A 14,000-square-foot private Island Club will be available to residents.

Advertisement

It will offer amenities like a sauna, a massage room, an outdoor lap pool, and a dining room.

There will be a hilltop park near the Island Club at a central location on the island.

Advertisement

There will also be five miles of hiking and biking paths.

Future residents will also eventually have access to a ferry terminal that is planned to be built on the neighboring Treasure Island.

Advertisement

Next Story

These 4 retailers have filed for bankruptcy or liquidation in 2020

Copyright @ 2024. Times Internet Limited. All rights reserved.For reprint rights. Times Syndication Service.