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Revitalize Alameda Point – SunCal to Wait Until 2010 Ballot for Initiative (Unconfirmed)

We’re working to get verification on this, but we were tipped off that SunCal has issued a press release indicating that although they have enough signatures to put their Alameda Point Revitalization Initiative on the ballot, they have decided to wait until 2010 before putting it on the ballot.

The 2010 election timeframe was selected to allow the City and its selected developer, SunCal Companies, to come to terms with the Navy regarding the transfer of the property from federal to local control. The Alameda Point Revitalization Initiative contains the long-range vision to clean up the old Navy base and transform it into a vibrant and sustainable mixed-use community that will yield environmental, recreational, fiscal and transit benefits for the entire island.

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