Bay Area/ San Francisco

Treasure Island Boom: 1,000 New Neighbors Flood San Francisco’s Bayfront Oasis

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Published on June 05, 2026
Treasure Island Boom: 1,000 New Neighbors Flood San Francisco’s Bayfront OasisSource: 9yz, CC BY 4.0, via Wikimedia Commons

More than 1,000 people have now settled into newly completed homes on Treasure Island and neighboring Yerba Buena Island, a major milestone in the long-running effort to turn the former naval base into San Francisco’s newest waterfront neighborhood. The recent wave of move-ins spans rentals, townhomes and flats that opened over the past year, landing just as new parks, promenades and a daily ferry make the islands feel more like a place to live than a construction site. Early residents and planners say the moment marks a clear shift from years of groundwork and utilities into actual neighborhood life.

A milestone for the master plan

As reported by the San Francisco Business Times, more than 1,000 people have taken possession of units across several newly completed buildings on both Treasure Island and Yerba Buena Island. Developers say the new residents include households moving into recently finished rental towers as well as for-sale buildings that opened this year, a turnover they hoped would seed the islands’ first sizable residential community. The surge follows years of infrastructure upgrades and park construction that were designed to prepare the area for full-time residents.

Towers, townhomes and who moved in

Recent deliveries include Isle House, a 22-story rental tower, and the neighboring Hawkins building, which together account for several hundred homes. The Urban Land Institute notes that Isle House has roughly 250 units and Hawkins about 178, alongside additional townhomes and midrises that have opened on both islands. Taken together, these projects, plus shorter buildings such as The Bristol on Yerba Buena, pushed the built total past the 1,000-home mark.

Transit, parks and daily life

The islands now feature a growing set of public amenities meant to support people living there year-round, including Cityside Park, the Treasure Island ferry landing and an expanding lineup of events and retail along Avenue of the Palms. The Treasure Island official site highlights an eight-minute ferry ride to the Ferry Building and lists the new parks and trails that opened as part of the broader master plan. Residents say the waterfront views and walkable green spaces are a big part of the appeal, even as neighbors note that grocery options, health services and school facilities are still working to catch up.

How it fits into San Francisco’s housing goals

Planners say the islands are expected to deliver thousands more homes over the next decade, with the master plan calling for about 8,000 new units at full buildout, a chunk city leaders have folded into San Francisco’s larger housing targets. The San Francisco Chronicle reports that Treasure Island has become one of the few parts of the city actively adding inventory, and District 6 Supervisor Matt Dorsey said the openings show “a lot of optimism” about the neighborhood’s future. Hoodline previously flagged the islands’ young-renter skew and missing daily services in a piece on their young-renter skew.

What’s next

Developers and the Treasure Island Development Authority say more residential blocks, additional affordable housing and new community facilities are slated to arrive in the next 12–24 months, including more midrise buildings along with a behavioral health building and senior housing outlined in recent planning documents. A city planning presentation shows projects such as 490 Avenue of the Palms and other nearby parcels adding hundreds of units as construction continues, keeping momentum toward the islands’ full buildout. Local leaders say they will be watching retail expansion, transit frequency and school planning closely as the population grows.