Redevelopment of the property, which is located directly across the bay from San Francisco, call for the development of approximately 1.3 million sf of commercial space, up to 599 residential units, neighborhood parks, a waterfront public promenade and a school site.
In a lawsuit filed last year, Renewed Hope Housing Advocates and Arc Ecology charged that the city had failed to meet the requirements of the California Environmental Quality Act by using an inaccurate base line date for studying the project's impacts. The groups claimed the city selected random dates to suit its purposes in depicting impacts relating to housing, traffic and law enforcement.
According to state law, 15% of all residential units have to be designated affordable housing. As part of the agreement reached in the Alameda County Superior Court, 25% of all residential units will be affordable housing.
This is in addition to the 200 affordable housing units planned for Alameda Point and the 60 affordable units Catellus Development plans to build as part of its project. The director for Renewed Hope Housing Advocates, Tom Matthews, called the agreement "a significant step in the right direction."
Eve Bach, an economist with Arc Ecology, a San Francisco-based watchdog that focuses on base conversions, had expressed concern over the environmental impact of the site on human health. Special protocol testing and sampling--beyond that required by law--will be undertaken, according to a prepared statement released yesterday.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.