Sonoma, California-based developer Kenwood Investments has secured approval to construct a new 168-slip marina in Clipper Cove-Treasure Island, San Francisco.
The $25 million project will be the first new marina in the area in nearly a quarter century.
It will be built by Kenwood Investments’ entity Treasure Island Enterprises and will replace the current 108-slip marina.
Features of the new marina will include improved docks and gangways using wrapped steel guide pilings in place of creosote-treated wood.
The marina will be able to accommodate vessels of all sizes and the docks will floate on piers tall enough to accommodate anticipated sea-level rising.
“We are excited to move ahead on a project that we have been planning for years and that has undergone a meticulous review and approval process,” said Darius Anderson, Kenwood Investments CEO.
“In all our efforts on Treasure Island, we have brought together the best and brightest designers, builders and community partners; this is just the latest example.”
I’m proud that we are finally able to move on toward taking our new marina from a concept on paper to the reality of sailing on the Bay.
Darius Anderson
And he added: “As part of the design process, we listened closely to the concerns of local recreational sailors and users of Clipper Cove, as well as Treasure Island residents, and created a project plan that addresses those concerns.
“We are proud to be able to support our neighbors and youth who want to learn the joys of being on the water.”
Construction of the project is expected to begin by 2026 and take about two years to complete, with all work in the water planned to be completed in a single season.
“It has been a prolonged effort to get to this point, but we’ve demonstrated that we know how to execute projects with complex permitting and approval processes,” explained Darius.
“I’m proud that we are finally able to move on toward taking our new marina from a concept on paper to the reality of sailing on the Bay.”
Kenwood Investments initially acquired the exclusive right to develop a new marina at Treasure Island in 2000.
The planning approval has been granted by the Bay Conservation and Development Commission.
Kenwood Investments was founded in 2000 and has invested in real estate development, media, tourism and hospitality projects.
