Samuel Merritt University has secured a $139 million bond for constructing their proposed ten-story central campus at 525 12th Street in Downtown Oakland, Alameda County. Along with the bond, SMU is investing $120 million. The over quarter billion dollar investment keeps SMU on schedule for groundbreaking later this year, having received approval in November. Strada is the project developer.
520 11th Street
The City of Oakland and Strada Investment Group are closing on a deal for leasing 520 11th Street in Downtown Oakland, Alameda County. The 0.86-acre property is entitled to become the future ten-story addition to Samuel Merritt University. The project was approved this summer.
Campus expansion is on track for Samuel Merritt University at 525 12th Street in Downtown Oakland. The project proposal includes the development of a ten-story building to serve as the new mail campus for SMU. The proposal also includes a tree removal application to remove ten protected trees. Strada Investment Group is the project applicant. North Carolina-based Perkins + Will is responsible for the design concepts. Oakland-based firm Einwiller Kuehl is the landscape architect.
New renderings have been published ahead of tomorrow’s meeting regarding 525 12th Street, a ten-story urban infill poised to expand the institutional capacity of Samuel Merritt University in Downtown Oakland. Strada Investment Group is responsible for the application.
Pre-application permits have been filed for a new building at 520 11th Street in Downtown Oakland. The project would serve as a new main campus for Samuel Merritt University. The campus is currently located at 3100 Telegraph Avenue in Pill Hill, affiliated with Sutter Health and the Alta Bates Summitt Medical Center. Strada Investment Group is responsible for the application.