Present Day 2023: Homes at the Shipyard are on the market and development continues as well. Pricing ranges from $300,000 to $1.2 million for condos and townhouses. While there continues to be discussion about the evvironmental safety, we will leave you to search the most current news regarding remediation. The amenities continue to be established as well including installations of by the Hunters Point Shipyard Artists.
December, 2021: There are lenders that will lend on the development, and it continues to be delayed and controversial. Uncertainty remains regarding the quality and extent of environmental remediation performed by the US Navy and its subcontractors to remove radiation from the site prior to handover for development.
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?
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The Shipyard Neighborhood Vibe
The Shipyard is a master-planned community, and since 2018, the eight buildings have been completed in the first phase by the developer. Subsequent phases have continued and the community continues to grow. The neighborhood is not without controversy due to historical uses that involved radioactive waste disposal at the former naval base, and much of the land has yet to be turned over for development.
Popular Shipyard Home Styles
The Shipyard so far offers buildings with two distinct styles. One type of building is a traditional condominium mid-rise building with multiple homes per floor. Townhome-style buildings with a garage and small private outdoor space on the ground floor are also available.
Getting Around in The Shipyard
The Shipyard offers residents a private shuttle service to connect with the Muni light rail and additional destinations popular with residents of the neighborhood. While transit and biking are options, we’d classify it as a neighborhood in which you’re likely to be happier with a car.
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Loading Recently Sold Listings in the Shipyard at Hunters Point...
