The Concord City Council has selected Brookfield Properties to redevelop the former Concord Naval Weapons Station, according to the San Jose Mercury News. This decision marks a major step forward in achieving Concord’s goal of revitalizing the 2,300-acre Navy-owned property and follows agreements with two previous master developers that were eventually scrapped.
Brookfield’s plan calls for a mixed-use and transit-oriented community that would be one of the largest development projects currently underway in Bay Area, reported by Mercury News. The developer has agreed to designate at least 25% housing onsite as affordable; hire 40% of its construction workforce from within Contra Costa County; and prioritize connecting the community to nearby BART station during first phase of construction.
“Third time’s charm,” said Mayor Laura Hoffmeister at Saturday’s Council meeting. “It is a marathon not sprint but we hope to get off starting line over next few months.” Final phases are projected for completion between 30 – 40 years from now.
