BART Board Approves Lake Merritt Transit-Oriented Development
The project is expected to include the redevelopment of the existing structures into a set of mixed-use properties and a large swath of public space. The first phase of the project will contain market-rate apartments.
Thirty-six of the project's 360 apartments will be dedicated to affordable housing, with the remaining units a mixture of studios, one-bedrooms and two-bedroom units. A second structure along the property will contain 97 units of affordable housing for seniors. The public space of the project will include parking for bicycles and cars.
A second phase for the project will include a 19-story office tower with 495K SF capacity, with a seven-story tower next door that is slated to contain 100 units of affordable housing and a daycare facility.