New development permits have been filed for a five-story residential building at 469 40th Street in Mosswood, Oakland. The medium-density residential in-fill will add a collection of residences in a transit-rich neighborhood with buses and BART within two blocks. Flynn Architecture is responsible for the design.
The 60-foot tall structure will yield 31,160 square feet excluding parking, 22,400 square feet for residential use, and 1,980 square feet for commercial retail facing 40th street. A majority of the ground floor will be dedicated to a 16-car garage. Storage for twenty bicycles will be connected to the residential lobby and elevator.
The building will add 32 residential units to Oakland’s housing market, of which four will be sold as affordable housing. The inclusion of affordable housing has allowed the project to expand by 35% the standard zoning, adding nine more units. Planning documents do not specify if the project will offer rentals or ownership.
Some private balconies will be spread across the facade for select units. Starting on the fifth floor, a shared lounge will connect to a terrace with stairs leading to the rooftop deck. The place will have planters, a fire pit, and seating. Landscape Architecture is by Jett.
The property is between Telegraph Avenue and Webster Street, less than five minutes from the multi-line Macarthur BART station. The retail-dense Piedmont Avenue is fifteen minutes away on foot, while downtown Oakland is ten minutes away by bicycle.
Three Steps Properties is the property owner responsible for the development.