

Army Corps Publishes $17.8B Waterfront Flood Plan as Port Eyes Pier 70 Restart
Port Commission • San FranciscoAugust 12, 2026
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The San Francisco Port Commission convened Aug. 12 with a full five-member bench for the first time, tackling two defining questions for the city's waterfront: how to defend it from rising seas and how to restart stalled housing at Pier 70. Commissioners also celebrated early momentum from the Blue Economy Initiative, a national award for Mission Rock, and voted unanimously to fast-track environmental review for flood defense projects.
Army Corps completes eight-year study documenting $23B in flood damages, recommends $17.8B coastal defense plan over 30 years
Pier 70 restructuring would cut affordable housing rate from 30% to no less than 20%, write off $50M in developer costs, and add 600+ units
Commission unanimously approves seeking Chapter 29 exemption to save 6–9 months per resilience project phase
Blue Economy Initiative draws 70 attendees and 8 lease applications in its first month
Mission Rock wins 2026 ULI Americas Award for Excellence; Phase 2 design kicks off
The Army Corps of Engineers published its San Francisco Waterfront Coastal Flood Study in the Federal Register at the end of July, concluding an eight-year analysis that frames the largest infrastructure challenge the city has ever faced.
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