Next Gen Office Targets Mid-2020 Groundbreaking
Leasing efforts are underway for Telegraph Tower, a fully entitled next generation office development at 2200 Telegraph Ave. at the corner of Telegraph and West Grand avenues in the Uptown neighborhood.
OAKLAND, CA—Leasing efforts are underway for Telegraph Tower, a next generation office development at 2200 Telegraph Ave. Groundbreaking is slated for mid-2020 for the fully entitled tower located at the corner of Telegraph and West Grand avenues in the Uptown neighborhood, according to TMG Partners.
“TMG Partners’ Telegraph Tower is a stunning workplace that offers the Bay Area’s best commute to the companies lucky enough to call Oakland home,” said Oakland mayor Libby Schaaf. “I am proud to have TMG supporting the future of Uptown as they develop exceptional, needed product in our ever-burgeoning city.”
The 875,000-square-foot building designed by Solomon Cordwell Buenz Architects offers up to 37,000-square-foot floorplates with high ceilings and 11-½ foot tall vision glass throughout. Larger interconnected floors with expansive views are favored by companies seeking to encourage greater employee interaction. Telegraph Tower features three outdoor terraces and 33 balconies totaling 30,000 square feet of outdoor space highlighted by a 9,200-square-foot rooftop terrace and large private outdoor terraces on the sixth and 18th floors.
“Telegraph Tower leads the next generation of office buildings for Oakland with its emphasis on expansive open floorplates, some of the highest ceilings of any Bay Area office building and a large proportion of outdoor space,” said Michael Covarrubias, chairman and CEO of TMG Partners. “We took every lesson we have learned about what companies want today and designed Telegraph Tower as a workplace environment that is entirely focused on delivering the right employee experience.”
Amenities planned for the 28-story building include a 10,000-square-foot fitness/wellness center, a community theatre, street-level retail, cafe and art space, no-transfer smart elevators, gas service for tenant kitchens, fire pits on the outdoor terraces, ample bike parking and drop off locations, and high-tech building communication and resiliency systems.
Telegraph Tower is a block from Oakland’s AC Transit’s Uptown transit center and 19th Street BART station with 12 minute service to San Francisco and the greater East Bay. Telegraph Tower will directly connect employers to a workforce seeking easier commute options, varied and more affordable housing, and a diverse community. Within a half-mile radius of Telegraph Tower, employees can access 9,000 new housing units under construction; walk to bars, restaurants and art galleries; enjoy dozens of live performances and music venues; and stroll farmers markets, street fairs, parks and lakes.
“TMG has long been attracted to Oakland as it tops the nation’s top cities list due to its place as the most dynamic and culturally vibrant community in the region, whether its rankings for best food, walkability, workforce diversity, coffee culture or local distilleries,” Denise Pinkston, partner with TMG, tells GlobeSt.com. “This is reflected in the more than $4 billion that has been invested in Oakland in the last five years and nearly 9,000 new homes scheduled to be delivered in the near term.”
Christopher T. Roeder of JLL and JD Lumpkin of Cushman & Wakefield are representing the developer in the leasing of Telegraph Tower.