Now that the City Council has signed off on the West Oakland Specific Plan, which increases the potential amount of land zoned for residential use, will we at last see more viable projects move from entitlement to reality? The San Francisco Business Times article linked to below is hopeful.
City Ventures to invest hundreds of millions into West Oakland development
The on-again, off-again revival of West Oakland is on again.
California infill-housing builder City Ventures is diving deep, with four West Oakland housing and mixed-use parcels in its sights. The private company, which is internally capitalized, expects to invest hundreds of millions of dollars in the neighborhood, Northern California President Philip Kerr said.
The West Oakland Train Station is at the heart of the specific plan for the neighborhood.
Photo by Spencer Brown