Concord Naval Weapons Station development nears $40 million in expenses
Brookfield Properties -- the third and current developer of the former Concord Naval Weapons Station -- has committed to fully reimbursing the city for all project costs.
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Brookfield Properties -- the third and current developer of the former Concord Naval Weapons Station -- has committed to fully reimbursing the city for all project costs.
Concord officials have chosen a master developer to begin the decades-long work of transforming the former Naval Weapons Station into tens of thousands of homes and millions of square-feet of schools, offices, shops and restaurants.
The U.S. Navy shuttered the Concord Naval Weapons Station in 2008, but plans to redevelop it for climate-friendly homes and a park are moving slowly.
The new developer of the 13,000-unit reuse of the Concord Naval Weapons Station now says...
How the Bay Area's biggest housing development fell apart in 2020 Adam Brinklow FacebookTwitterEmail Overall views of the Concord Naval Weapons Station looking south towards the city of Concord, Calif. Weapons magazines are in the foreground, the city is off in the distance.Kim Kulish/Corbis via Getty Images How do you kickstart a historically ambitious, multibillion-dollar housing development while the world’s economies remain paralyzed? That’s the dilemma facing Concord after 2020, a year that not only dashed financial markets and upended everyday life across the Bay Area, but also wrec...