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May 10, 2007
Forest City Enterprises to Convert Historic Hospital into Apartments
Multi-Housing News
By Kelly Sheehan
Forest City Enterprises Inc. has announced that the company has signed an agreement with Presidio Trust to redevelop a former public hospital, closed since 1981, in San Francisco’s Presidio into an apartment community.
“The Presidio is a national treasure, an ideal project for Forest City to use our adaptive re-use/historic preservation experience,” says Charles A. Ratner, president and CEO of Forest City Enterprises. “By restoring historic landmarks and converting them into vibrant housing and neighborhoods, we are helping to preserve America’s heritage.”
NoLandGrab: That sounds like a great idea. Maybe Charles Ratner can explain how these things work to Bruce Ratner, who is planning to demolish historical resources to build his controversial Atlantic Yards project.
Seriously, while Chuck Ratner's group is trying to build for the 21st Century, Cousin Bruce holds fast to discredited superblock-style plans that crashed and burned by the 1970s.
Posted by lumi at May 10, 2007 6:08 AM