Brookfield Properties’ current renderings feature more than 12,200 homes — 25% of which will be reserved for affordable pricing.
A drone view of the former Concord Naval Weapons Station and the adjacent Dana Estates neighborhood in Concord, Calif., on Tuesday, March 19, 2024. CONCORD — The ink is drying on the sign-off of the latest vision for the long-anticipated development at the former Concord Naval Weapons Station — a billion-dollar project projected to require five phases of development spread over 40 years.
After several months of negotiations, Brookfield reached an agreement with city officials on a conceptual preliminary land-use plan for the sprawling, contaminated military site sandwiched between the 2,600-acre Thurgood Marshall Regional Park and residential neighborhoods along the city’s northern border — stretching from the area of Highway 4 and Willow Pass Road to Concord High School and Bailey Road. The initial estimate of the project’s price is approximately $6 billion.
That vote was finalized less than two weeks before the March 30 expiration of an exclusive negotiating agreement with Brookfield that was The term sheet features a key labor agreement with Contra Costa County’s Construction and Building Trades Council and the Nor Cal Carpenters Union — one of the city’s most crucial requirements for the massive redevelopment project.
“The redevelopment of the Naval Weapons Station is an extension of the city’s fabric — it’s not an island,” Long said, describing how the project’s next steps will focus on stitching the community together as seamlessly as possible. “We have a long way to go together, but it is a conceptual plan that has had a lot of love and care put into it.”
“You can really see the difference in tone and tenor of our community this evening in our council chambers,” Hoffmeister said. “Everybody’s done tiring about all of this high-end stuff, and they’re all wanting to get into the nitty-gritty details that we keep hearing.” A drone view of the former Concord Naval Weapons Station and the adjacent Dana Estates neighborhood in Concord, Calif., on Tuesday, March 19, 2024.
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