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Apartment Complex Slated for Downtown

OAKLAND, CA-SNK Development is planning to build an 88-unit project, known as Arioso, in a downtown area the mayor is trying to revitalize

By Allison Landa | Updated on August 30, 2000

Mayor Jerry Brown has another piece of his downtown-beautification puzzle.

SNK Development has agreed to pay Oakland’s Redevelopment Agency $3.3 million for a site at the edge of the city’s Chinatown district. The land, located at the corner of Ninth and Franklin, will be home to a $19.3 million, six-story apartment project known as Arioso.

The building will have 88 apartments, 5,800 sf of retail space and 223 parking spaces. At completion, the redevelopment agency will pay SNK Development $2.8 million to buy back 135 parking spots for public use.

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