Tag: affordable housing


Jun
2014

MacArthur Station ~ May 2011 through 2021

categories: beat, local, news, TheOaklandBeat
MacArthur station
MacArthur station

MacArthur Station ~ May 2011 through 2021

MacArthur Station will provide 624 new homes on a 7.76 acre site, of which 516 homes iwll be market rate and 108 units will be below market rate.  The development includes construction of 5 buildings for high density, multifamily housing, with a new 478-space parking garage for BART patrons and guests.

In addition, 42,500 square feet of local commercial and retail space will be constructed, along with 5,000 square feet of space for community use.

Phase 1 – Infrastructure Development
Phase 1 started construction in May 2011 and includes:

  • Demolition of two existing motels located on West MacArthur Boulevard
  • Construction of a new BART parking garage, replacing the existing surface parking lot
  • Renovation of the Station Entry Plaza
  • Renovation of the existing frontage road that currently serves as the shuttle and passenger drop off/pick up loading zone
  • Development of two new pedestrian and bicycle friendly streets and walkways

Phase 2 – New Affordable Housing Development
Phase 2 includes Mural, a new 90-unit affordable housing community that began construction in September 2013 with an anticipated completion of Spring 2015.

Phases 3 through 5 – Market-Rate Housing Development
Phases 3 through 5 will include three market-rate housing projects that will include commercial and retail space on the ground floor. Construction is anticipated for the first market-rate phase in 2016.

 


May
2014

Oakland sets new rules to cap rent increases effective August 1

categories: housing, local, news, TheOaklandBeat

Oakland renters will soon have greater protection against major rent increases.

Under an ordinance approved by the City Council on Tuesday night, annual increaseApartment List Rent s related to capital improvements will be capped at 10 percent, and 30 percent over a five-year period.

The new regulations, which go into effect Aug. 1, also stipulate that landlords will be able to pass through only 70 percent of the cost of improving their buildings, and will have to issue a notice for rent hikes used to cover those costs.

Property owners argued against the new regulations. They say that restricting the recovery of costs for building improvements will remove the financial incentive for landlords to maintain tens of thousands of apartments throughout the city.


Mar
2014

Oakland’s Brooklyn Basin Project underway

categories: development, local, news, TheOaklandBeat

Oakland’s Brooklyn Basin Project Breaks Ground

A rendering of a redevelopment project, called Brooklyn Basin, of 65 acres of property on the Oakland Estuary. Photo: Oakland Harbor Partners
A rendering of a redevelopment project, called Brooklyn Basin, of 65 acres of property on the Oakland Estuary. Photo: Oakland Harbor Partners

The Brooklyn Basin project broke ground March 13, 2014. After years of planning, challenges, and financial uncertainty, the project is underway. The first phase will include infrastructure development and 1,200 housing units.

Over the next decade, 65 acres of industrial land south of Jack London Square is slated to become Brooklyn Basin: a 3,100-home neighborhood with 200,000 square feet of ground-floor commercial space, 3,500 structured parking spaces and approximately 27 acres of public open space, two renovated marinas and a wetlands restoration area. Once finished, trails will tie the parks to the Bay Trail as well as Lake Merritt. brooklyn basin

The total project is estimated to produce about 10,000 construction jobs.

“This is a symbol of Oakland’s renaissance in so many ways,” Mayor Jean Quan said during a groundbreaking ceremony Thursday that was attended by the Chinese Consul General Yuan Nansheng.

The project is by far the biggest piece of housing boom that the mayor expects to yield 7,500 units in a city where rents have jumped 25 percent in only the last two years. David Kakishiba, who fought for the community benefits as the executive director of the East Bay Asian Youth Center, said he believes the project will be a boon to the surrounding neighborhood and the city as a whole.