Newsom: $82 Million Earmarked To Revamp Hunter's Point
Parks, Jobs, Education Key To Overhaul, Mayor Says
POSTED: 7:55 pm PST December 19,
2007
SAN FRANCISCO -- Mayor Gavin Newsom said Wednesday the federal government will spend more than $82 million next year toward revamping San Francisco's Hunters Point Shipyard.Newsom said securing the funds was "a huge victory" for the city's Bayview community. The city plans to turn the long-shuttered shipyard into a "world-class location providing waterfront parks, thousands of jobs, affordable housing and a major clean technology campus," Newsom said.The plans also include space for a potential stadium for the San Francisco 49ers.
Newsom credits House Speaker Nancy Pelosi and Sen. Diane Feinstein (D-Calif.) for helping to secure the funds.
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Copyright 2008 by NBC11.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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