Brookfield Properties appears to have the pole position to redevelop the 2,300-acre Concord Naval Weapons Station on the Sacramento River in Northern California.
The Concord City Council has selected the developer to proceed to the interview phase for the project, which envisions building up to 12,000 homes and 6M SF of commercial space over several decades.
Brookfield would be the third contender to take a swing at becoming the master developer for the former US Navy depot. Going back to 2021, two other deals for the massive project have fallen apart.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
