[CPEO-MEF] REUSE: "Records reveal Concord [CA] Naval Weapons Station developer has ties to Saudi, Qatari money"

[Lenny Siegel <LSiegel@cpeo.org>]

Records reveal Concord Naval Weapons Station developer has ties to Saudi, Qatari money
‘Sovereign wealth funds’ from Persian Gulf counties have been implicated in human rights violations, other controversies

By KATIE LAUER 
Bay Area News Group (CA)
September 7, 2023 

The new master developer slated to transform the former Concord Naval Weapons Station has financial ties to Arab states in the Persian Gulf, linking the long-controversial project to a history of human rights violations, ethical quagmires and shady business dealings involving the Trump Administration.

The vision for the sprawling acreage is a huge mixed-use and transit-oriented community — the largest development currently underway in the Bay Area. It would comprise roughly half of the site’s total 5,046 acres just south of the still-existing Military Ocean Terminal Concord, an ammunition depot that sits on the Sacramento-San Joaquin River Delta.

The Concord City Council — acting as the authority for the site’s redevelopment — unanimously approved Brookfield Properties’ massive 2,300-acre plan for the barren land in a four-hour meeting Aug. 26.

…

For the entire article, see
https://www.mercurynews.com/2023/09/07/records-reveal-concord-naval-weapons-station-developer-has-ties-to-saudi-qatari-money

—

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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