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Old Posted Dec 3, 2019, 6:11 PM
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Pedestrian Pedestrian is offline
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Join Date: Dec 2016
Location: San Francisco
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Quote:
Oakland's Brooklyn Basin megaproject finally starts to take shape
By Lauren Hepler – Contributor
5 hours ago

There’s a transition underway at Brooklyn Basin, from a mega-construction site to a place where people might actually want to live.

Day to day, that means the 65 acres of waterfront Oakland land that have for the past several years been dominated by cranes, wood building frames and dust are now giving way to amenities like a soon-to-open grocery store and a free shuttle to bring new tenants downtown . . . .

The first wave of infrastructure and 241 luxury apartments that Signature began leasing over the summer at its Orion building are two key milestones in the development’s evolution . . . . Signature and its development partners plan to open the new Township Commons waterfront park in January, followed soon after by a new Rocky’s Market grocery store and a canoe and kayak shop at the revamped 9th Avenue Terminal Building . . . .

Work is also underway on Parcel C, a 241-unit market-rate apartment building with 3,500 square feet of retail space that Zarsion America is developing. In September, Anton Development Co. purchased Parcel D, which is entitled for 232 housing units . . . .

The first of MidPen’s affordable developments is expected to begin leasing next year in a Bay Area housing market where demand is “just overwhelming,” Franklin said. It’s not unusual for new MidPen’s new affordable housing developments to draw a 20-to-1 ratio of applications to available housing units, he said, and the goal at Brooklyn Basin is for high-design affordable units to blend in with the rest of the neighborhood . . . .








https://www.bizjournals.com/sanfranc...3D#g/457843/21
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