Seeing even more detailed research, as linked below, to further the discussions about expanding San Francisco over the water is another recent trend for real estate professionals and investors to monitor. There are several key elements in play, including placing a value on real estate which doesn't currently exist against higher priced acreage for waterfront properties. Add in questions and costs for infrastructure and the "horizontal" needed for such a build. I'm not seeing it established that a municipality has the right to authorize space or provide zoning for a bay, ocean, or natural lake. Next, there would be concerns about elected and appointed officials making decisions which will carry many years of impact.
There is something to be said for the "reclamation" portion of this research. It is possible that some land parcels would gain added protection from the elements. However, this research and discussion falls under the heading of real estate, at least at this time.
Our focus is on research and marketing. Weather and climate conditions seem to be unique in and around San Francisco. There may not be enough data readily available to support the sustainability of building real estate structure into what is currently waterfront. Regardless of the amount of supporting data, I'm seeing numerous marketing questions and scenarios.
Among the challenges are attracting investors to the unknown, detailing a timeline without knowing what challenges await at the bottom of the bay or ocean, and planning for potential buyers and tenants to be willing to be the first to live (and walk and/or drive) under new conditions.
Put all of this together, and you come up with numerous chances to be "first in" on opportunities for long-term real estate.
https://www.planetizen.com/features/136483-san-francisco-out-land-amidst-rapidly-rising-seas-it-time-create-more
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