[CPEO-MEF] REUSE: "Another controversial Point Molate development in Richmond [CA] sinks"

[Lenny Siegel <LSiegel@cpeo.org>]

Another controversial Point Molate development in Richmond sinks
Richmond’s progressive council members say 1,450-home project poses financial risk to city

By KATIE LAUER 
Bay Area News Group
March 28, 2022

RICHMOND — Decade-old efforts to redevelop a choice slice of Richmond’s picturesque Point Molate peninsula have weathered contentious debates, lawsuits and millions of dollars in legal fees.

Now, just as the latest prospective developer was poised to build more than 1,450 homes and 400,000 square feet of commercial space on a 270-acre section of the shoreline property, the Richmond City Council has swept the carpet from under its feet.

The council’s action dealt a blow to those who say the development is sorely needed amid a regionwide housing shortage but pleased others who counter that open spaces are just as important and need to be preserved whenever possible.

…

For the entire article, see
https://www.mercurynews.com/2022/03/26/richmond-time-is-running-out-to-develop-point-molate-and-city-leaders-remain-divided

—

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel@cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)

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