Developers sue Navy over $6 billion Concord Weapons Station redevelopment

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.

The lawsuit is yet another potential…

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