New plans to redevelop Candlestick Park site emerge after years of waiting [CBS News]
Five Point Holdings, LLC Class A Common Shares (FPH)
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Source: CBS News
Developers and city planners now say ground could be broken relatively soon, and neighbors in the area say it's a long time coming. "It's a great view," said Allen Mort. "I think, when I look out here, it's one of the biggest chances in America, in an urban environment like this." When Mort steps outside his San Francisco home, he gets this remarkable view of a corner of the city in waiting. "Something needs to happen here," he said. "Because it's a great space. And if they can have some vision." Back in 2010, as the 49ers were about to make their way south, the 280 acre site was set for 7,000 new homes and a million square feet of retail space, part of the broader redevelopment of the Hunters Point Naval Shipyard. As various environmental challenges surfaced in the shipyard, developers have decided to bump up the timeline on Candlestick, but they also want to update their vision. "We respectfully ask for your support and your vote to move this project forward," Suheil To
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FPH
Sec Filings
- 11/8/24 - Form 144
- 10/28/24 - Form 8-K/A
- 10/25/24 - Form 4
- FPH's page on the SEC website