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.
The CIM Group has submitted pre-application documents for a new 46-story residential tower at 325 22nd Street, named Town Tower, in Downtown Oakland. If built today, the project would be the tallest addition to the Alameda County skyline, rising 487 feet tall, well above the current 404-foot Ordway Building. The new plans are a shift away from 2017-era plans by CIM for an office tower at the same location.
The BART Board of Directors has voted to approve plans for the Lake Merritt Transit-Oriented Development in Downtown Oakland. The approval is a significant step towards reshaping two low-rise lots with two towers and two mid-density buildings containing affordable and market-rate housing and offices. The Board President, Rebecca Saltzman, says construction will start in 2024.
Concrete is nearing the halfway point for 1900 Broadway, a rising residential tower in Downtown Oakland. Once complete, the 39-story tower will add 452 new apartments and ground-level retail on top of the 19th Street BART Station. Behring Companies is the project developer.
New building and demolition permits have been filed for the five-story residential infill at 578 7th Street in Downtown Oakland, Alameda County. The proposal will replace a single-story structure with apartments designed by one of the Bay Area’s most prominent architecture firms, Stanley Saitowitz | Natoma Architects. Riaz Capital is the project developer.