Alameda is an island just off the Oakland shore with lots of Victorian architecture, two historic downtowns and two marinas. The tip of its peninsula is attached to the mainland near Oakland Airport, Coast Guard Island and Ballena Isle, and is accessible by four bridges, two tunnels, two ferry terminals to San Francisco and a water taxi to Oakland.
City officials want to see Alameda Point, as the project is called, developed into a mixed-use plan that includes commercial, recreational, high-tech, light-industrial and residential.
Industrial Realty and Morgan Stanley are working with Centex, Shea Homes and Shea Properties to create one large entity vying with four other teams for the right to develop the 770-acre parcel.
In January, when the city first released the Request for Qualifications, several developers submitted independent proposals. They included Alameda Development Group, Catellus Development Corp., Centex, Shea Homes and Shea Properties, Harbor Bay Realty Group/Lennar, Industrial Realty Group, Kaufman and Broad and SunCal Cos.City officials plan to select a winner in the next several weeks.
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