Also known as the San Francisco Bay Plan, it was a 20th century campaign to cut off and reclaim a large portion of the SF Bay, turning it into two freshwater lakes. Modeling efforts determined it would have been an unprecedented environmental catastrophe.
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They built a giant scale model to test it in the days before computer simulations. You can still tour it.
https://en.wikipedia.org/wiki/U.S._Army_Corps_of_Engineers_Bay_Model
Tom Scott did a great video about that model and this plan.
2.5 billion doesn’t actually seem that bad for a project of this scale. But according to a quick calculation on an internet site it’d be about 26 billion today.
You’d spend at least twice that today just acquiring the land rights via eminent domain.