Debut of First Residential Project for Sale on Treasure Island

**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.

https://cremarketbeat.com/debut-of-first-residential-project-for-sale-on-treasure-island/