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Oakland Tower On Fast Track for Development

Lakeshore Partners just submitted plans for a 24-story mixed-use on the parking lot at 2270 Broadway in Oakland. The existing “80 Grand” medical office building and parking lot on the south half of the block would remain. The MBH Architects-designed project would include 223 residential units, with up to 5k SF of retail space along Broadway and 2,800 SF of retail along 23rd Street, reports SocketSite. The site had been envisioned for the development of an eight-story hotel under Oakland’s Broadway Valdez District Specific Plan (BVDSP), which was adopted last year. As such, as noted by Tim Mulshine, the proposed project is positioned to bypass a lengthy environmental review process and could be on the fast track. If approved and financed, the project would take about two years to develop. [SS]

WASHINGTON DC 06.27.2017

WASHINGTON DC STATE OF THE MARKET

Matt Bronfman
Jamestown Properties
Anthony Lanier
EastBanc
Trip Howell
JLL