**First For-Sale Residential Project Unveiled on Treasure Island**

Treasure Island Development Group — a partnership between Wilson Meany, Stockbridge Capital Group, and Lennar Corporation — has officially unveiled 490 Avenue of the Palms, the first for-sale residential development on San Francisco’s Treasure Island. The six-story mid-rise building will introduce 148 parkside, waterfront residences, each offering sweeping panoramic views across the Bay Area.

“490 Avenue of the Palms marks a pivotal moment for Treasure Island — the debut of its first for-sale residences and the completion of our first phase of homes,” said Chris Meany, Co-CEO of Treasure Island Community Development. “It’s situated on one of the most remarkable parcels of developable land on the island, offering protected views that span the Bay, its bridges, and iconic landmarks.”

This development is part of a larger master-planned community spearheaded by Wilson Meany, Stockbridge, and Lennar. The overarching Treasure Island Community Development initiative aims to transform both Treasure Island and nearby Yerba Buena Island into a vibrant new waterfront neighborhood. The plan includes the creation of 8,000 homes, 300 acres of open space, and 22 miles of accessible shoreline.

Polaris Pacific will serve as the exclusive sales and marketing partner for the project. Sales are set to launch in Fall 2025, with move-ins expected to begin later that year.

Debut of First Residential Project for Sale on Treasure Island

Treasure Island Development Group, a partnership between Wilson Meany, Stockbridge Capital Group and Lennar Corporation, has unveiled 490 Avenue of the Palms, the first new for-sale residential offering on San Francisco’s Treasure Island. The six-story mid-rise features 148 parkside, waterfront residences with panoramic views.

“490 Avenue of the Palms marks a pivotal moment for Treasure Island — the debut of its first for-sale residences and the completion of our first phase of homes,” said Chris Meany, Co-CEO of Treasure Island Community Development. “It’s situated on one of the most remarkable parcels of developable land on the island, offering protected views that span the Bay, its bridges, and iconic landmarks.”

The project is part of the Treasure Island Community Development, a master plan by Wilson Meany, Stockbridge and Lennar to transform Treasure Island and Yerba Buena Island into a waterfront neighborhood featuring 8,000 homes, 300 acres of open space and 22 miles of shoreline access.

Polaris Pacific has been appointed the exclusive sales and marketing partner. Sales will launch in Fall 2025, followed by move-ins anticipated for late 2025.

https://www.connectcre.com/stories/first-for-sale-residential-project-unveiled-on-treasure-island/

Mersea is regularly featured as one of the gems of San Francisco waterfront dining so it was no surprise to those who frequent it to see a headline in the SF Chronicle stating that those seeking the best views in SF need to head to Mersea.  With an executive chef that hails from some of the better flagship restaurants on the other side of the Bay– Waterbar and EPIC Steakhouse, the food is serious but casual.  But what sets Mersea apart is a totally different aspect of the experience—a genuine passion for and record of excelling at creating and supporting a strong sense of community amongst visitors, residents and worker on Treasure Island.

From French fries and fish tacos to amazing chowder and poke bowls, Mersea features delicious, approachable food in a comfortable and fun environment that appeals to nearly everyone.  Even dogs!  In fact, it was listed as one of the most friendly dog restaurants in the United States!

Check out the menu here.

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Read more about Mersea in the news:

SF Chronicle: For The Best Views of San Francisco — Head to Mersea

Eater SF: How Treasure Island’s Restaurant united a community

Timeout – One of the most dog-friendly restaurants in the US

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Bay FC, the new women’s professional soccer franchise representing the Bay Area in the National Women’s Soccer League, has selected Treasure Island as the location for its first permanent training facility. The new state-of-the-art complex will bring the women’s professional soccer franchise closer to the heart of the Bay, adding a fresh sports destination to San Francisco’s evolving landscape.

Bay FC’s new training facility marks a significant milestone for women’s sports in the United States. Purpose-built for female athletes, the complex will cover approximately 8.5 acres and feature three training fields, advanced operational facilities, and elite resources designed to empower players at the highest level.  With Bay FC joining the ranks of the first NWSL clubs to invest in women-centered infrastructure, the facility demonstrates the club’s commitment to elevating professional women’s soccer on a global scale.

“Treasure Island provides us an iconic location to continue to build an iconic club – it centers the Bay’s team literally in the middle of the Bay,” said Stewart. The facility will anchor Bay FC’s football operations and contribute to Treasure Island’s expanding sports infrastructure. With a 2025 groundbreaking, Bay FC’s new home on the island will become operational in time for the 2027 season.

The impact of this move will resonate well beyond the club’s players and staff. By providing space for soccer clinics and community events, Bay FC’s facility will also enhance youth programming while celebrating and cultivating young talent across the Bay Area. This investment expands upon Treasure Island’s longtime role as a center for youth and community sports, strengthening its mission to serve Bay Area residents of all ages. 

Read More on SF Chronicle

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