Kenwood Investments Receives BCDC Approval to Construct the Bay Area’s First New Marina in Almost 25 Years
SAN FRANCISCO, Feb. 20, 2025 – A modern, expanded marina is planned for Clipper Cove on Treasure Island after a developer based in Sonoma obtained the necessary approvals to build a new 168-slip marina.
The $25 million project, representing the first new marina authorization on the San Francisco Bay in almost 25 years, will be undertaken by Treasure Island Enterprises, an entity associated with Kenwood Investments.
Treasure Island Enterprises is leasing the project site from the Treasure Island Development Authority, the San Francisco organization responsible for the island’s economic development, which was formerly a naval base.
The marina will be built in Clipper Cove, which is located between Treasure Island and Yerba Buena Island, adjacent to the road that connects them.
The new marina will completely replace an old, deteriorating set of docks with significantly improved docks and gangways. It will utilize wrapped steel guide pilings instead of wood treated with creosote. The 168-slip marina will accommodate boats of various sizes, including larger vessels and those used by transient boaters. Furthermore, the docks will float on piers sufficiently high to account for projected sea-level increases.
“We are thrilled to proceed with a project that has been in development for years, and that has undergone extensive review and approval,” stated Darius Anderson, CEO of Kenwood Investments. “In all our endeavors on Treasure Island, we have assembled top-tier designers, builders, and community partners; this is simply the latest instance.”
“During the design phase, we carefully considered the concerns of local recreational sailors, Clipper Cove users, and Treasure Island residents, and developed a project plan to address them,” Anderson explained. “We are proud to support our neighbors and young people who wish to experience the pleasures of being on the water.”
Construction is anticipated to commence by 2026 and is projected to take approximately two years, with all in-water work scheduled to be completed within a single season.
“Reaching this point has been a lengthy process, but we have proven our ability to execute projects involving complex permitting and approval procedures,” Anderson added. “I am delighted that we can finally move forward in transforming our new marina from a concept on paper to a reality on the Bay.”
About Kenwood Investments
Kenwood Investments, LLC, was established in 2000 by . Over the years, the company has focused on real estate development, land entitlement, and projects related to media, tourism, and hospitality. Kenwood Investments has a history of creating outstanding projects that significantly benefit the communities where they are built or operated. The company specializes in projects that face intricate challenges related to public policy, land entitlement, and pre-venture capital funding. Kenwood Investments, headquartered in Sonoma, California, comprises a team of talented individuals who have worked with Darius Anderson for a considerable time. For further details, please visit .
Contact: Sam Singer
415.336.4949
SOURCE Kenwood Investments
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