Concord Naval Weapons Station Redevelopment & Navy Term Sheet
Summary
The city has reached a major financial agreement with the U.S. Navy for the 2,400-acre economic development conveyance property at the former Concord Naval Weapons Station. Approving this term sheet and updating the Brookfield developer agreement allows the long-awaited project to move forward into specific planning.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 26, 2026.
Impact analysis
Project generates an estimated $628 million in payments to the U.S. Navy and billions in overall project sources and uses over 30 years, funded entirely through developer proceeds.
Concord residents and the broader Bay Area region, who will gain thousands of new homes, commercial job centers, and parks.
No groups negatively affected
Mentions & discussions (8)
Deal Struck To Possibly Transform Concord Naval Weapons Station Into 12,000 Homes
Deal Struck To Possibly Transform Concord Naval Weapons Station Into 12,000 Homes Patch
Concord City Council — May 26, 2026 (Special Meeting)
The city has reached a major financial agreement with the U.S. Navy for the 2,400-acre economic development conveyance property at the former Concord Naval Weapons Station. Approving this term sheet and updating the Brookfield developer agreement allows the long-awaited project to move forward into specific planning.
Plan to build more than 12,000 homes in this Bay Area community passes crucial vote
Plan to build more than 12,000 homes in this Bay Area community passes crucial vote San Francisco Chronicle
Concord-Navy Land Deal Moves Closer To Unlocking Massive Plan
Concord-Navy Land Deal Moves Closer To Unlocking Massive Plan Patch
Concord City Council To Discuss Naval Weapons Station Project Tuesday
Concord City Council To Discuss Naval Weapons Station Project Tuesday Patch
Concord Naval Weapons Station Land Plan
Concord Naval Weapons Station Land Plan www.hok.com
Concord cuts ties with Naval Weapons Station development team
Concord cuts ties with Naval Weapons Station development team The Business Journals
Concord weapons station has fraught history, but development concept has promise
Concord weapons station has fraught history, but development concept has promise San Francisco Chronicle
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Concord
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.