A group of developers and property owners filed a lawsuit to challenge the U.S. Navy’s environmental clearance to transfer nearly 5,000 acres of land at the former Concord Naval Weapons Station.
Developer Five Point Holdings (NYSE: FPH) plans to transform the mostly vacant land and dilapidated military buildings at the station into a new transit village with 12,200 homes and 6.1 million square feet of commercial space adjacent to the North Concord BART Station.