Jack London Square Expansion Decided

OAKLAND-The Port of Oakland has chosen a development team headed by Ellis Partners of San Francisco to oversee an estimated $200 million expansion of Jack London Square. The decision ended several months of negotiations.

The team also includes developer James Falaschi, president of Transbay Holding Co. and Cargill Inc. The plan is to add 320,000 sf of office, 124,000 sf of retail and 24,000 sf of restaurant space, plus a 250-room hotel and 1,600 parking spaces. Phase two of the project will occupy and 8-acre waterfront parcel where a parking lot and a privately owned shopping complex now stand.

Formally known as Jack London Square Partners, the development team entered negotiations with the Port in December after failure by the port and LCOR/WDG Ventures to come to an agreement on the financial arrangements.