Public Land Giveaway

  • FS Investors stands to make hundreds of millions of dollars off of taxpayers.
  • The deal would create a windfall profit for FS Investors by allowing them to gain control of more than 200 acres of extremely valuable public land for little more than $10,000.
  • This deal would likely be the largest transfer of taxpayer wealth to a private developer in San Diego‚Äôs history.
  • The final decision on a project for the site should maximize benefits to the public, not profits for a private investor.