OAKLAND, CA–The Bay Area Rapid Transit agency Board of Directors has approved a development including four towers, including office and apartment buildings, to be built over the Lake Merritt Station in Oakland.

A partnership between the East Bay Asian Local Development Corporation and San Francisco-based Strada Investment Group is planning to develop 556 apartment units and 500K SF of office space in two phases on a site encompassing 2.6 acres at the BART station.

The station is located on the edge of Chinatown in proximity to Laney College in Oakland. The site is bounded by 8th, 9th, Fallon and Oak streets.

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