December, 2018: Chase, Citi, and Wells Fargo announced in late December 2018 that they have stopped offering mortgages at the Shipyard citing “reasons related to unresolved questions about the safety of the land where mega-developer Lennar Corp has built about 450 homes and is planning thousands more.” – SF Chronicle
Once a San Francisco Naval Base home to high-paying blue-collar jobs that were the economic engine of the nearby Bayview and Visitacion Valley neighborhoods. Then the naval base closed and sat empty while its future was discussed and debated by wise women and men.
The Navy eventually took all their stuff and claims to have left no trace behind, but not everyone agrees on that claim. The development rights were sold to the highest bidder for a hefty sum, bringing about redevelopment under a decades-long master plan.
Redevelopment brings rebranding, so modern marketing now calls the neighborhood The Shipyard. An MLS search still puts all the new construction in a neighborhood called Hunters Point that most think of as the Bayview.
Aren’t you glad you met us?