S.F. taps 3 to vie at Pleasanton site.(Brief Article)

The San Francisco Public Utilities Commission has narrowed the field of potential buyers for its 500-acre Pleasanton property to three, bringing the city one-step closer to realizing its $100 million-plus price tag.

San Francisco purchased the 500-acre triangular parcel that is roughly bounded by Bernal Avenue, Arroyo de la Laguna and Case Avenue in the 1930s for its water rights. For more than 12 years it has actively been the subject of development plans for San Francisco. But after the City of Pleasanton failed to win a necessary two-thirds majority for a $50 million bond measure earlier this year to purchase a large portion of the land for open space, San …