New Modern Marina Slated For Treasure Island

Kenwood Investments to Build Bay Area's First New Bay Area Marina in Nearly 25 Years After Winning BCDC Approval

SAN FRANCISCO, Feb. 20, 2025 /PRNewswire/ -- San Francisco is slated to get a modern and expanded marina in Clipper Cove-Treasure Island after Sonoma-based developer Kenwood Investments secured approval from the Bay Conservation and Development Commission (BCDC) to construct a new 168-slip marina.

The $25 million project, the first new marina entitlement on the San Francisco Bay in nearly a quarter century, will be built by Kenwood Investments related entity Treasure Island Enterprises.

Treasure Island Enterprises is leasing the project area from the Treasure Island Development Authority, the San Francisco agency that oversees the economic development of the island, formerly a naval base.

The marina will be constructed in Clipper Cove, which separates Treasure Island from Yerba Buena Island and abuts the road connecting the two islands.

The new marina will entirely replace an aging, decaying set of docks with vastly improved docks and gangways using wrapped steel guide pilings in place of creosote-treated wood. The 168-slip marina will be able to accommodate vessels of all sizes, including larger craft and transient users, while the docks will float on piers tall enough to accommodate anticipated sea level rising.

"We are excited to move ahead on a project that we have been planning for years, and that has undergone a meticulous review and approval process," said Darius Anderson, Kenwood Investments CEO.  "In all our efforts on Treasure Island, we have brought together the best and brightest designers, builders and community partners; this is just the latest example."

"As part of the design process, we listened closely to the concerns of local recreational sailors and users of Clipper Cove, as well as Treasure Island residents, and created a project plan that addresses those concerns," Anderson said. "We are proud to be able to support our neighbors and youth who want to learn the joys of being on the water."

The project is expected to begin construction by 2026 and take about two years to complete, with all work in the water itself planned to be completed in a single season.

"It has been a prolonged effort to get to this point, but we've demonstrated that we know how to execute projects with complex permitting and approval processes," Anderson added. "I'm proud that we are finally able to move on toward taking our new marina from a concept on paper to the reality of sailing on the Bay."

About Kenwood Investments
Kenwood Investments, LLC, was founded by Darius Anderson in 2000. The company's investment focus for over the years has been on real estate development, land entitlement, media, tourism and hospitality projects. Kenwood Investments has a track record of developing extraordinary projects that greatly enhance the communities in which its projects are built or operated and has specialized during its tenure in projects facing complex hurdles of public policy, land entitlement and pre-venture capital funding. Based in Sonoma, California, Kenwood Investments consists of a team of highly talented individuals who have worked with Darius Anderson for extended periods. For more information, go to https://kenwoodinvestments.com.

Contact: Sam Singer
Singer Associates Public Relations San Francisco
415.336.4949
singer@singersf.com

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SOURCE Kenwood Investments