News and Events Category: Media

EBALDC’s Impact Report is here! Fun Facts EBALDC is one of the largest nonprofit providers of commercial real estate in Northern California. See our current vacancies. The Social Determinants of Health guide every facet of our work in the form of our Healthy Neighborhoods Approach. Learn more here. An Anonymous Donor of the San Francisco Foundation donated $1M to our Housing Acquisition Fund (HAF). Learn about HAF’s impact and more. Now Leasing! The Historic California Hotel Cafe/Eatery & Event Space A new music, arts and cultural campus, anchored by the Historic California Hotel, is under development, on the San Pablo Corridor. This campus will... View article

The rising popularity of human-powered transportation, walking and bicycling, and widespread availability of ride-hailing services like Lyft and Uber plus car-sharing services like Zipcar and Getaround, and the introduction of same-day delivery services have all reduced the need for individuals to own—and park—cars. At the same time, costs of construction are at historic highs in dense urban areas, creating a challenge for developers to meet housing demand. Individual unit sizes are shrinking in response, allowing greater density. However, with smaller units, the number of parking spaces goes up, too, if traditional... View article

For more than 40 years, the McClymonds, Hoover-Foster and Clawson neighborhoods in West Oakland haven’t had a full-service supermarket. That’s about to change. Community Foods Market, formerly known as People’s Community Market, broke ground on April 16, at 3105 San Pablo Ave. (at 32nd Street). The project was spearheaded by Brahm Ahmadi, who co-founded People’s Grocery in 2002, a community food project that hoped to create a brick-and-mortar grocery store in the underserved community. West Oakland is a food desert, with residents spending around 70% of their grocery dollars annually — an estimated... View article

Construction on West Oakland’s long-anticipated People’s Community Market is finally underway, following years of starts and stops. Just as notable, there’s a new name: Community Foods Market. Brahm Ahmadi has been working to bring the project to fruition for well over a decade. In 2016, working with the East Bay Asian Local Development Corporation, Ahmadi was able to close escrow on the West Oakland property, located at Myrtle Street and San Pablo Avenue. Last weekend, the groundbreaking finally happened. Now, Ahmadi says things should move swiftly — the plan is to open in... View article

As home prices continue to soar in the East Bay, and many would-be home buyers find themselves priced out of the market, real estate agents say buying in up-and-coming neighborhoods is one way to find relatively affordable homes. Buying in an emerging neighborhood has long been a strategy for coping with high home prices, not to mention eventually making a tidy sum off the investment. The trick is making the right call, so you can find the right place and enjoy the area as it improves, without ending up stuck in... View article

OAKLAND (BCN)– Oakland Mayor Libby Schaaf and other officials participated in a groundbreaking ceremony today for a new 94-unit affordable housing development in the Fruitvale Transit Village. The development, which is expected to be completed next year, is being built on a city-owned BART parking lot only steps away from the Fruitvale BART station, a major AC Transit hub and the planned Bus Rapid Transit line. Schaaf said, “This day is deeply personal” because she has worked with others for many years to bring the project to fruition.... View article

Welcome to EBALDC’s New Quarterly Newsletter! A Note from EBALDC’s Leadership Between 2010 and 2016, the Bay Area added 500,000 jobs, but only 50,000 housing units.  With a large influx of people moving to the region, hundreds of thousands of people were priced out of the region and thousands became homeless. This displacement of long-time residents is being repeated in cities all over the country, as people who once chose the suburbs are now choosing cities. In the Bay Area, we do not have the capacity to build fast enough to keep up with increased... View article

More than five years in the making, the project has raised nearly $1.7 million among 550 investors to bring a full-service grocery store to West Oakland, one of the East Bay’s largest food deserts.... View article

The BART Board adopted a bold policy in June 2016 to encourage Transit-Oriented Development (TOD) on lands owned by BART. Creating mixed use, commercial or housing developments at BART represents a smart strategy that improves the region’s quality of life, economy, and helps reduce greenhouse gas emissions. Living and working near BART represents access to opportunity. The Bay Area’s imbalance between burgeoning job growth and stagnant housing supply has resulted in skyrocketing housing costs and the displacement of workers who cannot afford to live near the job centers.... View article