East Bay

California gives BART control over development at its stations

California gives BART control over development at its stations

BART can draft plans to fill empty station parking lots with dense housing and shops, under a state law that Gov. Jerry Brown signed late Sunday. The bill empowers the transit agency to zone its properties — an estimated 250 acres of blank asphalt — and limits cities’ ability to delay or obstruct development. “We… READ MORE

What the office sector needs to learn from hotels, retail and — wait, what airports and the car industry?

What the office sector needs to learn from hotels, retail and — wait, what airports and the car industry?

To be at the forefront of the office real estate sector, don’t spend too much time thinking about offices. At Bisnow’s London State of Office event on 12 September, more than 250 delegates heard from a variety of experts who advised that to remain relevant, office owners and developers need to look to a variety… READ MORE

When will this huge West Oakland BART project leave the station?

When will this huge West Oakland BART project leave the station?

Now entering four years of discussion, West Oakland BART developers say they’ll show progress soon on the $565 million project. New projects on BART property don’t happen overnight. It took 20 years to break ground at the Walnut Creek Transit Village, while Bridge Housing’s 200-unit project at the San Leandro station started construction after a… READ MORE

Facebook explores $2.4 billion commuter railway and roads to link its Fremont and Menlo Park campuses

Facebook explores $2.4 billion commuter railway and roads to link its Fremont and Menlo Park campuses

The social media giant, along with infrastructure developer Plenary Group and SamTrans, are trying to pin down how, exactly, to fund the massive Dumbarton corridor revamp that would bring necessary traffic relief to the region. Facebook is exploring what it would take to finally build a commuter rail across Dumbarton corridor — a move that would… READ MORE

BART rejects Livermore expansion; mayor vows rail connection

BART rejects Livermore expansion; mayor vows rail connection

There will be no BART station for Livermore residents who have been pining for the long-promised extension. Instead, BART’s board of directors Thursday evening voted to do nothing in a controversial decision pitting the system’s existing needs against the wishes of residents who have been paying into the district for over 40 years. Ultimately, the… READ MORE

Will new Opportunity Zones lift up economic activity in the Bay Area’s poorest areas?

Will new Opportunity Zones lift up economic activity in the Bay Area’s poorest areas?

A new federal program aims to bring new money into poor areas that haven’t seen significant job and wage growth even as the stock market and corporate earnings have boomed. On a 157-acre swathe of waterfront land on Mare Island, the City of Vallejo wants to see 1 million square feet of new commercial space… READ MORE

Exclusive: Why developer Mark Hall is ready to score Coliseum project — with or without the A’s

Exclusive: Why developer Mark Hall is ready to score Coliseum project — with or without the A’s

Mark Hall has an idea for redeveloping the site of the Oakland Coliseum. But, perhaps most importantly, he also has a track record. Hall, the president and CEO of Hall Equities Group of Walnut Creek, has outlined a plan to pay $85 million for 44 acres, including Oracle Arena, of the Coliseum complex and turn… READ MORE

How San Jose’s new BART subway could spur development downtown

How San Jose’s new BART subway could spur development downtown

With the VTA’s expected decision to use a single-bore method to create a tunnel through downtown San Jose for new BART service, the area will sell both short- and long-term benefits, experts say. The recommendation of doing the BART subway beneath downtown San Jose as a single-bore tunnel will have the biggest short-term impact on… READ MORE

Developers Break Ground On Long-Awaited Affordable Housing Project Near Fruitvale BART

Developers Break Ground On Long-Awaited Affordable Housing Project Near Fruitvale BART

Construction is underway for an affordable housing project over a decade in the making near the Fruitvale Bay Area Rapid Transit station in Oakland. Developers Unity Council and the East Bay Asian Local Development Corp. will build a 94-unit affordable housing complex on a BART surface parking lot, the San Francisco Chronicle reports. Casa Arabella… READ MORE

Silicon Valley, East Bay commercial markets look strong: Colliers report

Silicon Valley, East Bay commercial markets look strong: Colliers report

Santa Clara County and East Bay commercial real estate markets are looking strong, according to several Colliers International brokers. The Santa Clara County “office market was actually stronger than we anticipated” during 2017, David Schmidt, an executive vice president in the Colliers San Jose office, said Tuesday in a presentation at the Trends 2018 conference,… READ MORE

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