Excerpt:

After two decades of setbacks – and final delays in the past three years – the $1 billion Alameda Point Site A waterfront project will break ground this month.

Developers closed last week on a land transfer on the 30-acre first phase from Alameda. The entire 68-acre project will transform part of the former Alameda naval base, which closed in 1997, into 800 housing units, including 200 affordable homes, 600,000 square feet of commercial space, 15 acres of parks and a new ferry terminal to San Francisco that will open in 2020.