- November 16, 2014
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Before the end of winter, the first residents will begin moving into new homes at the former Hunters Point Naval Shipyard in southeastern San Francisco. “It will be the next full neighborhood in San Francisco,” said Sheryl McKibben, sales agent for the development that Lennar Urban has named the San Francisco Shipyard. “Almost a city within a city,” she said. The first phase of building will result in 1,400 homes on 63 acres. When it is completed, the decades-long, multibillion-dollar redevelopment is slated to have 12,500 new homes and more than 4 million square feet of office, commercial and retail space. “People create these places,” Kofi Bonner, president of Lennar Urban, told NBC Bay Area. “We can’t wait to have families running around here.” Beginning next year, the Navy is planning to transfer other parts of the shipyard as they are cleaned up.