California's revised budget includes $125 million from Proposition 4 to support the conversion of Golden Gate Fields into a waterfront park. - The funding covers most of the $175 million purchase price agreed with the Stronach Group.
- The Trust for Public Land will buy the site and transfer it to the East Bay Regional Park District. - The park is expected to open to the public in five years, enhancing public access and wildlife habitat.
This investment highlights California's commitment to expanding public shoreline access and climate resilience.