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Office Developers Lining Up for Downtown Oakland

OAKLAND, CA-Swig Co. submits plans for a 1.3 million-sf addition to Kaiser Center but there are several projects ahead of it in the development race.

By Brian K. Miller | Updated on April 08, 2008

OAKLAND, CA- With one office tower just completed here, another close to construction, two more fully entitled and none of them with a signed tenant, the Swig Co. has joined the conversation by proposing a two-tower, 1.3 million-sf addition to Kaiser Center. The project would replace two low-rise buildings at the 900,000-sf mixed-use complex in the Lake Merritt submarket.

In a preliminary development plan filed at the end of March, the San Francisco-based developer seeks permission to knock down two retail buildings along 20th and Webster streets that total 95,000 sf and are anchored by Longs Drugs and 24-Hour Fitness. The buildings would be replaced with 42- and 34-story office towers totaling 780,000 sf and 565,000 sf, respectively. A residential component once envisioned for the site is not included in the current plans.

The new towers would be designed to complement the two existing structures that would remain, the 28-story, 784,689-sf Kaiser Center I office building completed in 1960 and the five-story, 1,339-stall parking garage. The new towers would include 22,000 sf of street-level retail. Including several months for environmental review, the approval process is expected to up to two years, according to Swig.

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