News and Events Category: Real Estate Development

Key financing has been arranged for the development of a 97-unit affordable housing community for older adults in Oakland, California. Capital One announced that it has closed $90.5 million in financing for the construction of Chinatown TOD Senior Housing. The community is being developed by East Bay Asian Local Development Corp. (EBALDC), the largest nonprofit provider of affordable housing in the city.... View article

Related California and East Bay Asian Local Development have advanced plans to build three affordable apartment buildings and a plaza at Oakland’s Jack London Square. Related California and East Bay Asian Local Development have advanced plans to build three affordable apartment buildings and a plaza at Oakland’s Jack London Square. The Irvine-based builder and locally based nonprofit developer have requested permits to construct the five-story, 192-unit complex around a central plaza at 430 East Broadway, SFYimby reported. The block-size project, to be built on land owned by Alameda County, will sit south... View article

New details have been published for the 430 Broadway parcel in Oakland’s waterfront neighborhood, Jack London Square. The development is a joint venture with East Bay Asian Local Development Company and Related California to build nearly two hundred affordable units. The property is owned by Alameda County.... View article

The plan to transform the North Berkeley BART station’s parking lots into a transit-oriented housing village just got a boost from Sacramento. Transportation officials announced Thursday that BART has been awarded a $25 million grant for a suite of infrastructure upgrades meant to make it easier to access the North Berkeley station once the project’s planned 739 apartments are built and most of its rider parking is removed.... View article

Construction has started for the Chinatown TOD Senior Housing complex within the Lake Merritt BART Station redevelopment in Downtown Oakland, Alameda County. The project is expected to be the first of four buildings to activate two BART-owned blocks with a mix of residential and commercial real estate. East Bay Asian Local Development Corporation is responsible for the development.... View article

Oakland’s Lake Merritt BART Station may soon have a new name: Oakland Chinatown Station. At a groundbreaking ceremony on Thursday for a senior housing development that will be on top of the station, BART Board Member Robert Raburn told KQED he plans to introduce a resolution to rename the station at next week’s board meeting. “It’s a no-brainer,” Raburn said following the ceremony.... View article