The Island: SUNCAL: ‘WE HAVE NOTHING TO HIDE’

Excerpt:

A top-ranking executive from SunCal Companies told the City Council early this morning that the developer will submit an amended plan to develop Alameda Point by Monday and that it is prepared to release a host of once-confidential documents to the public.

Frank Faye, SunCal’s chief operating officer, said the company will amend the development application it submitted to the city on January 14 in order to correct deficiencies identified in a notice of default the city issued on February 4. City officials have said SunCal needs to submit a Measure A-compliant development plan, though the company could build additional housing if its plan includes a certain amount of “affordable” housing.