Here are the top Oakland development stories for the week of March 19, 2017.
Oakland living conditions pose harmful threats to low-income homeowners
Published by the Daily Cal on March 19, 2017
My home is killing me … literally! This is unfortunately the case for many families all over Oakland who are exposed to problems in their living conditions posing harmful health effects. A majority of Oakland’s residents are renters, a large number of whom are members of low-income households. To families whose major housing issue is securing decent accommodations, mold has become a major culprit posing a harmful and costly public health issue. In Oakland, low-income families spend 35 percent of their income on rent, there is not much room left for other expenses, such as medical and food, resulting in overcrowding of apartments and harmful living conditions.
Exclusive: Uber buys stake in Mission Bay Warriors arena office project, but pulls back in Oakland
Published by the San Francisco Business Journal on March 20, 2017
Ride-hailing giant Uber Technologies Inc. has purchased a stake in the two under-construction office buildings at the Golden State Warriors' project in Mission Bay, as the company continues to aggressively soak up San Francisco real estate.
Ellis Partners and Intercontinental Real Estate Corporation Acquire 1100 Broadway Development Site
Published by PR News Wire on March 20, 2017
OAKLAND, Calif., March 20, 2017 /PRNewswire/ -- Today Ellis Partners, in a joint venture with Intercontinental Real Estate Corporation, announced it acquired the vacant parcel in downtown Oakland known as 1100 Broadway. The acquisition includes the dilapidated, historic Key System building, which holds 34,000 square feet across seven floors of commercial space. The new ownership plans to build a new Class A office tower on the site, restore the vacant building to its original splendor, and integrate the two. The Key System building, built in 1911, was the headquarters of the Key System Railway which transported East Bay residents locally and across the lower deck of the Bay Bridge to San Francisco.
Oakland to Vote on 24-Story Building Next to MacArthur BART Station
Published by ABC 7 News on March 21, 2017
OAKLAND, Calif. (KGO) --
The city of Oakland is expected to approve a controversial 24-story building next to the MacArthur BART station.
Published by the Information on March 21, 2017
Uber’s partial retrenchment from its future Oakland outpost appeared to be another example of the big tech companies spurning San Francisco’s eastern neighbor. Instead of relocating a few thousand employees to the building it acquired in 2015, Uber will instead have a few hundred there, at least initially.
Exclusive: Jack London Square project breaks ground, fueling Oakland's housing boom
Published by the San Francisco Business Times on March 23, 2017
A 48-unit housing project in Jack London Square has started construction, adding momentum to Oakland's housing boom.