Two decades of planning have gone into developing San Francisco’s rocky, rugged Yerba Buena Island, also known throughout its tumultuous history as Bird Island, Wood Island and, perhaps most famously, Goat Island. The city approached developer Wilson Meany about partnering on the project back in the early 2000s, right after the San Francisc0-based firm had wrapped up its historic renovation of the Ferry Building.
Since then, Wilson Meany and financial backers Stockbridge Capital Group have been leading the charge to create 266 luxury homes on Yerba Buena Island. The new neighborhood represents a small but highly visible portion of the team’s massive 8,000-unit Treasure Island redevelopment project. Hundreds of community meetings, thousands of pages of Environmental Impact Reports and millions of dollars have been invested in creating the design guidelines that have assisted the project’s architecture, landscape and interior design teams in making one cohesive community centered around welcoming the outdoors in and maximizing the island’s panoramic positioning.
Meany has spearheaded the project from the very beginning and said that “this initial sales and marketing period for Yerba Buena Island has been a lesson in adaptability.” Yet he remains confident in the project he’s worked on for so long and believes the pandemic has only made island living more desirable. “There’s really never been a more poignant time to offer island homes for sale,” he said.
“Buyers are yearning for less density, a slower pace and a return to the important things in life,” he said. “Yerba Buena Island uniquely allows residents to experience San Francisco how it’s meant to be lived.”
Gasbarre echoed those sentiments, saying that most buyers are drawn to the idea of being near the city but also able to access nature right out their front doors: “A lot of people right now are wanting to move away from high-density living situations but remain steadfast in their love for San Francisco and city life — making Yerba Buena Island the perfect balance.”
Emily Landes is a writer and editor obsessed with all things real estate.