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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

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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