Development of Former Army Base Is Proposed
- Share via
The Presidio, this city’s last swath of available prime real estate, would be a residential and tourist destination under a plan unveiled Wednesday. But officials who oversee the land--a former headquarters of the 6th Army and now a national park--promise they will not sacrifice an island of tranquillity for a commercial circus.
In opening the Presidio to the public, Congress said it must be self-sufficient by 2013. That requirement, along with $600 million worth of renovations needed to preserve current buildings, prompted officials to turn to new housing, shops and possibly hotels as revenue sources.
The Presidio Trust’s seven-member board must approve the plan, and a vote probably will not occur before February.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.