Economy

Decisive vote over Point Richmond Bottoms property expected

Shea Homes, based in Walnut, Calif., is proposing to build a 60-unit residential development on the site. But three years in, the Shea Homes plan is meeting resistance. Richmond residents are questioning the company’s request for a General Plan Amendment (GPA), which would allow four of the proposed buildings to exceed 35 feet in height, the maximum the city’s General Plan allows.

Timeline: History of a company town

Richmond’s relationship with Chevron Corporation hasn’t always been so contentious. For much of the 20th century, after Chevron’s earliest predecessor, the Pacific Coast Oil Company, first bought a tract of land on Richmond’s shores in 1901, the company and the town grew together – if not hand in hand, then at least peacefully and cognizant of their mutual benefit. The two world wars were especially productive times for both the refinery and Richmond, as wartime production levels fueled a transforming,…

Three years away, but Richmond ferry plans steaming forward

The project’s two vessels will cost an estimated $34 million total in “initial capital expenditures,” with an estimated operating costs of about $3.46 million a year. Terminal construction will cost between $8 and $12 million. The total cost of the project is estimated between $42 and $46 million.