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Rendering of modern residential towers and mid-rise buildings along the waterfront at Treasure Island, with the San Francisco skyline across the bay in warm evening light.

A Neighborhood Born of Big Ideas

From the World’s Fair to San Francisco’s Newest Waterfront Community

With Treasure Island, a visionary team set out to answer a simple question: What would the ideal San Francisco neighborhood look like if we designed it today, as the city was meant to be lived in?

It’s a question San Francisco first asked in 1939, when engineers created an island in the middle of the Bay to host the Golden Gate International Exposition and celebrate the opening of the Bay Bridge and Golden Gate Bridge. From its beginning, Treasure Island has stood as a symbol of what bold thinking can bring to San Francisco.

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Today, that thinking continues. A long-term public-private partnership is transforming the island into one of San Francisco's most distinctive waterfront neighborhoods, shaped by parks, art, cultural experiences, and the people who call it home. More than 1,000 new residents already live here, with eight parks now open, daily ferry service to downtown, and a growing mix of restaurants, events, and open space. And with thousands of new homes, miles of trails, and hundreds of acres of waterfront parkland still ahead, this is only the beginning.

“The future of urban living is here,” says Chris Meany, one of the individuals behind the vision for Treasure Island. Take a cinematic journey through the neighborhood and its parks, trails, open spaces, residential offerings, community amenities and unparalleled San Francisco views.

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Community

Life happens here.

Treasure Island is shaped by the people who live, work, and gather here. Residents who value creativity, openness, and connection to place. Local businesses, makers, and community partners animate daily waterfront life, cultivating a neighborhood grounded in connection, design excellence, and public stewardship.

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Point of Infinity by Hiroshi Sugimoto

Public Art

Art integrated into everyday life.

The San Francisco Art Commission curates large-scale public artworks that connect people to place through history, ecology, and contemporary culture. Signature installations include Point of Infinity by Hiroshi Sugimoto, a 69-foot stainless-steel sculpture at Panorama Park on Yerba Buena Island, and Canopy of Sky by Ned Kahn at Cityside Park on Treasure Island, which creates an immersive play of light across the waterfront. Developed in partnership with the San Francisco Arts Commission, the Islands continue to evolve as a destination for public art and open-air cultural experiences.

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Canopy of Sky by Ned Kahn

Aerial sunset view over the San Francisco skyline and bay, with golden light reflecting across the water. In the foreground, a landscaped overlook on Treasure Island features a sculptural spire, terrace seating, and winding pathways along the hillside.

Sustainability

A neighborhood built for the next century.

Treasure Island is designed as one of San Francisco’s most forward-looking sustainable neighborhoods. All-electric buildings, renewable power systems, and the first phases of an island-wide recycled water network are already operational. Restored wetlands, reinforced shorelines, and native habitat corridors support ecological health and long-term climate resilience. More than eight major parks have opened to date, with over 300 acres of open space planned. Transit-first infrastructure, including ferry service, Muni connections, protected bike lanes, and miles of pedestrian paths, already supports low-impact, car-optional living.

Treasure Island History

1939

Host of the Golden Gate World Exposition

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1941

U.S. Navy moves onto Treasure Island

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1997

Navy Base Decommissioned

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2003

Public-Private Partnership Established between TICD and City of San Francisco

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2011

San Francisco Board of Supervisors Approves TICD's Plans for New Master Development

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2016

Site Preparation Begins

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2019

Vertical Construction Begins

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Today

A Thriving Destination

Treasure Island is a thriving destination, with over 1,000 new homes completed and 1,000 new residents moved in. The island is home to the best of the city, featuring San Francisco's favorite new events like Off the Grid Treasure Island and iconic landmarks such as Panorama Park's Point of Infinity.

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Visitors and residents enjoy the vibrant waterfront, fantastic restaurants and bars, and a truly unique community experience.

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Tomorrow

A Destination to Treasure

As part of the master plan, Treasure Island and neighboring Yerba Buena Island are being transformed into an environmentally sustainable, 21st-century San Francisco waterfront neighborhood for more than 18,000 residents in the middle of San Francisco Bay. The reimagined neighborhood is part of a visionary redevelopment featuring:

8,000

New Homes

with ~1,000 already completed

Bright modern living room with floor-to-ceiling windows overlooking the bay and a distant view of the Golden Gate Bridge.
Wide lawn at Cityside Park with bright blue chairs facing the waterfront, with the Bay and distant hills under a clear sky.

300

Acres of open space

22

Miles of trails

Three people jogging along a narrow hillside trail bordered by greenery and rocks, with the bay and a distant city skyline visible in the background under warm, low-angle sunlight.

Team

The Treasure Island redevelopment is led by a long-standing public-private partnership between Treasure Island Community Development (TICD) and Treasure Island Development Authority (TIDA). Together, these teams bring expertise in planning, housing, infrastructure, sustainability, and community stewardship—ensuring the Islands grow with purpose, quality, and long-term vision.

Elevated view of Treasure Island waterfront with shoreline paths, landscaped green space, and bay views stretching toward the horizon.

Meet the Team

Treasure Island Community Development (TICD)

TICD is the master developer for Treasure Island - a partnership of Stockbridge Capital Group, Wilson Meany, and Lennar Corp. As a part of the master plan, Treasure Island and neighboring Yerba Buena Island are being transformed into an environmentally sustainable new 21st-century San Francisco neighborhood for more than 18,000 residents in the middle of San Francisco Bay. The reimagined neighborhood is part of a visionary redevelopment featuring 8,000 new homes, including 2,700 homes that will be permanently affordable, 300 acres of parks, trails, and open space, new restaurants and shops, public art installations, and exciting events. TICD is the master developer for Treasure Island — a partnership of Stockbridge Capital Group, Wilson Meany, and Lennar Corp. As a part of the master plan, Treasure Island and neighboring Yerba Buena Island are being transformed into an environmentally sustainable new 21st-century San Francisco neighborhood for more than 18,000 residents in the middle of San Francisco Bay. The reimagined neighborhood is part of a visionary redevelopment featuring 8,000 new homes including 2,700 homes that will be permanently affordable, 300 acres of parks, trails and open space, new restaurants and shops, public art installations, and exciting events.

Lennar Corp

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar’s homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENXX drives Lennar’s technology, innovation and strategic investments.

Stockbridge Capital Group

Stockbridge is a real estate investment management firm led by seasoned senior professionals averaging 25 years of real estate industry experience. The firm was founded in 2003 and manages real estate equity investments across the risk spectrum within a variety of investment structures on behalf of U.S. and foreign institutional investors, family offices and high net worth individuals. Stockbridge has approximately $37.4 billion of assets under management (as of December 31, 2025) spanning all major real estate property types, and certain specialty property types with an emphasis on residential and industrial space throughout the U.S. The firm has offices in San Francisco, Atlanta, Chicago, Dallas, Denver, and Phoenix.

Wilson Meany

Wilson Meany is a boutique California-based developer of mixed-use, residential, retail, office and masterplan urban infill properties. From historic landmarks to master-planned communities, public squares to city towers, our projects reflect our passion for smart growth brought to life through technically innovative, meticulously conceived planning and design. Among Wilson Meany’s signature projects are historic icons including the San Francisco Ferry Building as well as some of California’s most notable masterplans involving complex entitlements and decades-long horizons including Treasure Island, Bay Meadows and Hollywood Park.

Our Supporting Team

CMG Landscape Architects

Master Landscape Architect

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Skidmore, Owings & Merrill (SOM)

Master Plan Architect

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Aidlin Darling Design

Alan Tse Design

Alfa Tech Engineering

Andrea Cochran Landscape Architecture

BCV Architects

BDE Architecture

BKF Engineers

Cahill Contractors

David Baker Architects

DCI Engineers

DeSilva Gates Construction

Dreyfuss & Blackford

Edmonds + Lee Architects

Eco Bay Services

Freyer & Laureta

Handel Architects

Hart Howerton

Hood Design Studio

GLS Landscape

Guzman Construction Group

IMEG Engineers

Independent Construction Company

James E. Roberts-Obayashi Corporation

Kennerly Architects

Mark Cavagnero Associates

Meyers Davis

Moffatt and Nichol

Natoma Architects

Nibbi Construction

NOVO Construction

Page & Turnbull

Paulett Taggart Architects

Plant Construction

Plural Studio

Power Systems Design

Suffolk-Guzman Team

Terraphase Engineering

Van Brunt Associates