• Reports have Lennar Corp. talking with the China Development Bank about an investment of approximately $1.7 billion to get two giant mixed-use projects in San Francisco moving.
• Lennar wants to get going on Treasure Island and Hunters Point Shipyard, two former Navy bases, that could yield almost 20,000 new homes and millions of square feet of space for office and retail.
• If the projects, which already have city tax-increment bonds approved, get started, they would cost $10.5 billion over decades to build out.

From the article: "Lennar Corp., LEN +0.80% one of the U.S.'s largest home builders, is in talks with the China Development Bank for approximately $1.7 billion in capital to jump-start two long-delayed San Francisco projects that would transform two former naval bases into large-scale housing developments, according to people familiar with the discussions. ..."