Renowned developers have come together for the highly anticipated Treasure Island I project, set to transform urban living in San Francisco. Situated on the iconic 403-acre man-made island, this groundbreaking development aims to redefine the cityscape and create a vibrant community for residents and visitors alike.

The Treasure Island I project, consisting of 8 phases, is a master development that will encompass 8,000 residential units, 140,000 square feet of retail space, 100,000 square feet of office properties, a 500-unit hotel, and various associated public spaces. To enhance connectivity, an international ferry quay/bus transit center will also be constructed, ensuring seamless transportation between the island and other parts of the city. This visionary project is a joint venture among esteemed developers, including Lennar, Stockbridge, Wilson Meany, and Kenwood Investment.

HGC is proud to contribute to the realization of this ambitious development. With a total investment of USD247 million for Phase I infrastructure development on 135 acres, the project demonstrates HGC's commitment to driving transformative real estate projects that shape cities and improve quality of life. HGC, along with other limited partners, has invested USD155 million, showcasing the company's dedication to fostering sustainable and thriving communities.

Phase I of the project commenced in 2016 and is scheduled for completion in 2023. Its successful execution is a testament to the strength and expertise of the development team involved. 

Lennar, founded in 1954 and publicly traded in 1971, is one of the largest residential developers in the United States. With extensive experience in planning and building new communities, Lennar has successfully revitalized several retired U.S. military bases.

Stockbridge, a registered investment advisor with the U.S. Securities and Exchange Commission (SEC), manages approximately $7.8 billion in assets and specializes in the integrated development of medium to large real estate projects. This partnership further enhances the expertise brought to the Treasure Island I project.

Wilson Meany, a California-based mixed-use real estate developer, has a distinguished portfolio that includes notable local buildings such as the GAP headquarters and the San Francisco Ferry. Their commitment to quality and innovation aligns perfectly with the vision for Treasure Island.

Kenwood, a California-based fund investment firm, focuses on real estate development and land ownership. Their participation in the project strengthens the team's ability to deliver exceptional results.

HGC is thrilled to collaborate with these esteemed developers on the Treasure Island I project, a landmark development that will shape the future of San Francisco. This partnership exemplifies HGC's dedication to creating thriving and sustainable communities that enhance the urban landscape.