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In 2023, San Francisco issued 1,136 residential building permits. It was the lowest total since the Great Recession in 2007. This August, the City of San Francisco, Wilson Meany, and Stockbridge Capital Group are set to release the first high-rise apartment complex developed as part of the Treasure Island Community Development Project; a large-scale redevelopment initiative aimed at transforming Treasure Island and its adjacent Yerba Buena Island into a vibrant, sustainable, and private mixed-use community. This development signals a potential resurgence in the city's residential growth and offers a glimpse of hope amidst market challenges. Thoughts? #SanFrancisco #RealEstate #HousingMarket #TreasureIsland

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