OAKLAND, CA-Jordan Real Estate Investments' proposal for 426 Alice St. entails demolishing an aging warehouse in the historic Oakland Warehouse Waterfront District and replacing it with an eight-story, 100-foot apartment building.

RICHMOND, CA-While developers shy away from big projects in today's uncertain market, Simeon Commercial Properties is taking advantage of the situation, planning two multi-million dollar projects in the East Bay.

SAN FRANCISCO-Despite environmental concerns, the 360-megawatt Potrero Power Plant may soon expand to a 540-megawatt plant. The expansion of the property, which is located ay 1201 Illinois St., will be discussed at a meeting this week.

SUNNYVALE, CA-A two-building technology center in Sunnyvale has been purchased for $7.5 million, while a two-story office building in Santa Rosa was bought for $3.85 million.

PITTSBURG, CA-The City of Pittsburg has allegedly tried to bend the laws in rezoning a 294-acre property for single-family housing, according to developers who plan to develop an apartment complex in the area.

SAN FRANCISCO-With demand office space continuing to lag, Tishman Speyer Properties is considering turning the top half of 555 and 575 Market St. into high-rise residential units.

OAKLAND, CA-Ivy Oakland LLC, made up of former Fairmont Hotel employees, has signed a 20-year lease for 110-room Oakland's Jack London Inn. The group plans to open a new boutique hotel.

OAKLAND, CA-According to Michael Barry of Colliers, activity for purchasing warehouses for various reasons is picking up. Zim Diversifies recently bought a warehouse/distribution building in Oakland for $2.7 million.