In Case You Missed It...(4/13/2018)

Below are the top Oakland development stories for the week of April 9, 2018:

Oakland councilwoman renews bid to divert funds to private job centers
Published by the San Francisco Chronicle on April 8, 2018
https://www.sfchronicle.com/bayarea/article/Oakland-councilwoman-renews-bid-to-divert-funds-12816314.php
An Oakland city councilwoman has renewed her effort to give millions of dollars in public funds to several private organizations — a controversial proposal that has drawn a rebuke from a citizen oversight committee and troubled the city’s legal counsel.

Will new Opportunity Zones lift up economic activity in the Bay Area's poorest areas?
Published by the San Francisco Business Times on April 9, 2018
https://www.bizjournals.com/sanfrancisco/news/2018/04/09/opportunity-zones-taxes-vallejo-mare-island.html
On a 157-acre swathe of waterfront land on Mare Island, the City of Vallejo wants to see 1 million square feet of new commercial space built. As it looks to pick a developer later this year, the city hopes to have an additional way to lure investment: A new tax break that's spanning all of America.

Opinion: Why Building Housing Near Mass Transit Promotes Collectivism
Published by the East Bay Express on April 9, 2018
https://www.eastbayexpress.com/SevenDays/archives/2018/04/09/opinion-why-building-housing-near-mass-transit-promotes-collectivism
Downtown Oakland has approximately 15 one-way streets in the area around Broadway and Lake Merritt. It would seem that the city was designed to be driven through with cars, rather than lived in by people.

Oakland's retail hotspots see record-low vacancy that rivals Walnut Creek's
Published by the San Francisco Business Times on April 10, 2018
https://www.bizjournals.com/sanfrancisco/news/2018/04/10/oakland-retail-walnut-creek-vacancy-rent-rockridge.html
Despite monumental shifts in the national retail market, three of Oakland's hot neighborhoods have thriving retail scenes with nearly all their space full.

San Francisco's largest office landlord to break ground on $265 million Oakland tower
Published by the San Francisco Business Times on April 10, 2018
https://www.bizjournals.com/sanfrancisco/news/2018/04/10/oakland-boston-properties-apartment-tower-bxp.html
Boston Properties, San Francisco's largest office landlord, will break ground on May 2 on a 402-unit apartment tower next to Oakland's MacArthur BART station.

Bay Area Housing Prices Continue to Soar at Staggering Pace
Published by NBC Bay Area on April 10, 2018
https://www.nbcbayarea.com/news/local/Bay-Area-Housing-Prices-Continue-to-Soar-at-Staggering-Pace-479332183.html
Bay Area home prices continue to rise and at a rapid pace, according to new numbers released Tuesday.

Supervisors agree to negotiate sale of Coliseum complex to Oakland
Published by Imonline on April 10, 2018
https://www.lmtonline.com/bayarea/article/Supervisors-agree-to-negotiate-sale-of-Coliseum-12823959.php
Alameda County supervisors, hoping to keep the A’s in Oakland, agreed Tuesday to negotiate the sale of their share of the Coliseum complex to the city of Oakland.

Aerial tram floated as transportation to an Oakland A’s Howard Terminal ballpark
Published by the San Francisco Chronicle on April 11, 2018
https://www.sfchronicle.com/politics/article/Aerial-tram-floated-as-transportation-to-an-12823248.php
The Oakland A’s are exploring using a gondola ski lift to transport fans from downtown to the Port of Oakland’s Howard Terminal, where the team is thinking of building a new ballpark.

Oakland to buy hotel on West Grand for transitional housing
Published by the East Bay Times on April 11, 2018
https://www.eastbaytimes.com/2018/04/11/oakland-to-buy-hotel-on-west-grand-for-transitional-housing
OAKLAND — Nearly a year after the Oakland City Council earmarked $14 million to purchase a single-room occupancy hotel to use for transitional housing for homeless people, the city is finally close to buying one in Uptown.

Salesforce Tower landlords to break ground on major MacArthur BART high-rise
Published by SF Curbed on April 11, 2018
https://sf.curbed.com/2018/4/11/17224540/macarthur-bart-tower-boston-properties
Boston Properties, the same investment company that owns a majority of Salesforce Tower, will break ground on a 24-story concrete-clad high-rise with hundreds of new homes immediately next to the MacArthur BART on May 2.

High court sides with landlords, bans Oakland penalty system
Published by SF Gate on April 11, 2018
https://www.sfgate.com/bayarea/article/High-court-sides-with-landlords-bans-Oakland-12826959.php
Oakland’s system of penalizing landlords for bad conditions in their buildings, in which appeals of penalties are reviewed by an appointee of the same city agency that imposed the original penalty, was dealt a final blow by the state Supreme Court on Wednesday in a case that could affect other cities in California.

Exclusive: Swig's massive two-tower Oakland office expansion could include 580 new housing units
Published by the San Francisco Business Times on April 11, 2018
https://www.bizjournals.com/sanfrancisco/news/2018/04/11/swig-oakland-kaiser-center-development-housing.html?s=print
For more than a decade, developer the Swig Co. has been planning a massive two-tower, 1.4 million-square-foot office expansion at its Kaiser Center complex in Oakland.

Black households in San Francisco, Oakland have fewest home-buying options in U.S.: Zillow
Published by KTVU.com on April 12, 2018
http://www.ktvu.com/news/black-households-in-san-francisco-oakland-have-least-home-buying-options-in-us-zillow
SAN FRANCISCO, Calif. - African-American homebuyers are at a distinct disadvantage compared with whites and Asians – a new study reveals, highlighting an ownership gap that has actually widened since the 1900s.

Campbell Washington Will Not Seek Reelection
Published by the East Bay Express on April 12, 2018
https://www.eastbayexpress.com/SevenDays/archives/2018/04/12/campbell-washington-will-not-seek-reelection
Oakland District 4 Councilmember Annie Campbell Washington, Montclair-Laurel, announced Thursday afternoon that she will not seek re-election to her seat this fall after just one term in office.


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  • published this page in Archive News 2018-04-13 09:39:37 -0700