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Old Posted Jul 27, 2017, 5:47 PM
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Quote:
Can Chinese developer bring $565 million megaproject to an Oakland BART station?
Jul 26, 2017, 3:37pm PDT Updated Jul 26, 2017, 6:40pm PDT

Blanca Torres
Reporter, San Francisco Business Times

The developers of the West Oakland BART station property are crafting plans for a $565 million development featuring an office tower, apartments and a shopping center.

The developers have been working on a plan since 2014 for a 3.7-acre parcel at the station where BART officials want to see a high-density development . . . .

The development team, consisting of China Harbour Engineering Co., Oakland-based Strategic Urban Development Alliance, Robin Chiang & Co. architects, and JRDV Architects, won a bid to develop the site in 2014 and is now asking BART to extend their exclusive agreement for up to two more years. The board is scheduled to vote on the extension Thursday with staff recommending approval.

The board already extended the agreement last year, when they asked the developers to plan for a denser project.

The developers’ current scheme, dubbed Mandela Station, involves building 700,000 or 850,000 square feet of office space in a tower that would likely rise 25 stories. The project would also include 165 apartments and 62,000 square feet of retail in multiple buildings.

A highrise office tower would require the city to raise the current height limit at West Oakland. Developer Boston Properties went through a similar process to raise the height limit on a site at MacArthur BART where the city approved a 240-foot apartment tower . . . .




https://www.bizjournals.com/sanfranc...193&j=78610521
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