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City Approves 3,000-Unit Waterfront Development

OAKLAND, CA-The city council here approves a 64-acre waterfront development that includes 3,100 housing units and 200,000 sf of retail stores and a marina.

By Brian K. Miller | Updated on June 22, 2006

(For more retail coverage, click GlobeSt.com/RETAIL and to read more on the multifamily market, click here.)

OAKLAND, CA-The Oakland City Council this week approved a 64-acre development by Signature Properties that calls for 3,100 housing units, 200,000 sf of retail stores, 200 boat slips in two marinas plus parks, trails and restored wetlands. The Pleasanton-based company is under contract to acquire the property from the Port of Oakland for $18 million.

The so-called Oak to Ninth development would include several towers rising as high as 24 stories and many smaller buildings topping out at eight stories. There will be a total of 12 to 20 buildings depending on their ultimate size.

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