Developers Vie for Piece of Old Navy Base

ALAMEDA, CA-Interest seems to be peaking over the 1,700-acre former naval base here, and the city is moving forward with plans for seeing the once thriving base become the city’s newest business park.

Catellus Development, based in San Francisco, has already landed 215 acres of it, and another 800 acres will go to one of three area developers who are currently bidding for the land to build homes, museums, churches, schools, office buildings, parks, city facilities and restaurants. The city will make a decision in August.

Alameda Point is said to be critical and essential to development of the city’s economic wealth. Mayor Ralph Apezzato says it is the location where the majority of all future growth will occur, but the city needs more than $300 million from the navy in order to clean up the land and make the plan work.