News

Developer hopes to transform salt site

About five years ago, agribusiness giant Cargill Inc. approached real-estate developer DMB Associates Inc. Cargill owned a site at the edge of the San Francisco Bay, a site used for commercial salt production since 1901. It wanted to partner with Scottsdale-based DMB to redevelop the industrial site in Redwood City, Calif. After years of study and community outreach, a plan is evolving to create a mixed-use development, with half of the land earmarked for affordable housing for an estimated 30,000 people, plus retail and recreation uses. The other half of the land would be open space, with special attention given to wetlands and tidal marsh restoration.

Click here to view this article from its source.