SAN FRANCISCO (Reuters) - It seemed like the ideal redevelopment play. The Treasure Island Naval Station, erected on a picturesque strip of land in the middle of San Francisco Bay in 1942, was closed by the U.S. Navy in 1997. The city of San Francisco eyed the property as the centrepiece of a plan for easing the technology hub’s housing crisis.
It looked like a win for all, except for one neglected detail: the toxic legacy the Navy left behind.
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