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Below are the top Oakland development stories for the week of May 22, 2017: 

Developer Restarts Construction on Oakland Office Tower After 9-year Hiatus
Published by SF Biz Journal on May 24, 2017
http://www.bizjournals.com/sanfrancisco/news/2017/05/24/shorenstein-restarts-601-city-center-oakland-tower.html
With an anchor tenant locked in, Shorenstein Properties restarted construction this month on a 24-story office tower in Oakland — the city’s first new office building in nearly a decade



San Francisco Goes From First to Worst in U.S. Home-Price Gauge
Published by Bloomberg on May 24, 2017
https://www.bloomberg.com/news/articles/2017-05-24/san-francisco-goes-from-first-to-worst-in-u-s-home-price-gauge?utm_campaign=news&utm_medium=bd&utm_source=applenews
San Francisco, which in recent years had the biggest home-price gain in the U.S., was the country’s weakest market in the first quarter, with values falling for the first time since 2011.



Oakland rolls out new medical marijuana permitting process
Published by SF Biz Journal on May 25, 2017
http://www.bizjournals.com/sanfrancisco/news/2017/05/25/oakland-marijuana-permits.html
The City of Oakland this week debuted a new process for issuing permits for people interested in becoming medical cannabis entrepreneurs.



WeWork in talks for first Oakland location amid co-working boom
Published by SF Biz Journal on May 25, 2017
http://www.bizjournals.com/sanfrancisco/news/2017/05/25/wework-oakland-co-working-startups-east-bay.html
Co-working giant WeWork is circling its first Oakland location. The company is considering taking 80,000 square feet in 1111 Broadway, a 24-story office tower owned by the University of California, according to sources with knowledge of the deal.

 
Why Oakland met twice its market-rate housing goals but only 4% of its affordable
Published by SF Biz Journal on May 23, 2017
http://www.bizjournals.com/sanfrancisco/news/2017/05/23/oakland-housing-goals-affordable-development.html
Oakland has seen a huge surge in market-rate housing production in the past few years, evidence that developers are finally interested in the city after years with very little private investment in residential projects. But affordable housing was virtually nonexistent last year.
 
Raiders make plea to Oakland after Las Vegas lease is approved
Published by Mercury News on May 24, 2017 
http://www.mercurynews.com/2017/05/23/raiders-make-plea-to-oakland-after-las-vegas-lease-is-approved/
On the day the Raiders moved a step closer to Las Vegas, the team re-affirmed its desire to play in the Coliseum the next three seasons, if Oakland wants them to stay.

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  • published this page in Archive News 2017-05-19 10:07:47 -0700