BERKELEY, CA-Already in prison for bringing young Indian females into the country for forced prostitution and cheap labor, a major Berkeley apartment owner stands to lose some $70 million in assets if he loses a class action lawsuit filed by nine of the women.
LIVERMORE, CA-Even though the Livermore Planning Commission and Design Review Board recommend changes in plans for a new theater and office project, the city council has approved the project as is.
SAN FRANCISCO-According to the San Francisco Bay Area Sports Organizing Committee's Olympic bid, a $47 million tennis venue would be built at Mission College and an $830 million Olympic Village would be developed at Moffett Field. The property owners, however, say they never approved the use.
SAN FRANCISCO-San Francisco Mayor Willie Brown publicly blasts the Board of Supervisors for playing dirty politics over his nominees to the Planning Commission, blaming the board for the delay of important development decisions.
OAKLAND, CA-The office vacancy rate Downtown stood at 4% in 2000. In 2001, it climbed to 11.6%. Now BT Commercial's latest statistics show that there is a 15.5% vacancy rate in Downtown Oakland, and rental rates have fallen to about $2 per sf.
FOLSOM, CA-The second phase of Opus West Corp.'s massive Broadway Plaza is acquired by a private investor from Denver. Opus West says it plans to invest the profits in other Northern California locations.
DALY CITY, CA-Although the city is still $1 million short for the $8-million, it breaks ground on a new $8 million community center that will feature a fitness center, arts and crafts studio, technology center, recreational areas and meeting rooms.
EMERYVILLE, CA-The Bay Street retail project includes two "districts": a multi-level entertainment block and a retail boulevard. Tenants at the center will include AMC Cinemas, The Gap, Old Navy and Pottery Barn.
SAN FRANCISCO-The Presidio Trust is relying on investors to help rehabilitate the Presidio's Montgomery Street barracks, but the estimated renovation costs coupled with the current economy, has kept interest light.
SAN FRANCISCO-The Presidio Trust is relying on investors to help rehabilitate the Presidio's Montgomery Street barracks, but the estimated renovation costs coupled with the current economy, has kept interest light.