For potential buyers, the gamble is immense. Will this be a brilliant investment in a rising waterfront, or a financial tomb when the sea rises?
For centuries, the very name "Treasure Island" has conjured images of swashbuckling adventure, buried chests, and uncharted maps. But in the 21st century, a different kind of drama is unfolding on the real-world Treasure Island, a 400-acre man-made island in the heart of San Francisco Bay. slammed treasure island
"Building hundreds of millions of dollars of luxury housing on a landfill in a rising bay is insanity," said Dr. Helena Marks, a coastal geologist. "Treasure Island is going to be slammed by storm surges before the mortgage is paid off." San Francisco is earthquake country. Treasure Island is entirely built on "hydraulic fill"—loose, sandy dredge that turns to liquid jelly during a major quake. For potential buyers, the gamble is immense
That military legacy left a curse. When the Navy departed in the 1990s, they left behind a Superfund site: radiological contamination, lead paint, asbestos, and barrels of unknown chemicals buried in the sandy soil. For decades, the island sat in limbo—affordable housing for the working class, but a poisoned chalice for developers. But in the 21st century, a different kind