Oakland developers are bullish on residential towers
From today’s San Francisco Business Times, “Housing developers have a barely controlled mania for building skyscrapers in Oakland, despite showing no interest in such projects as recently as last year.”
“At least a dozen highrise condominium and apartment projects are in the works, and they have spread far from Lake Merritt, where the towers have traditionally clustered. They are now poised to pop up all along Broadway, starting in the Auto Row area well north of downtown, then dotting the street and its flanks along 30 blocks, through the city center, to Broadway’s southern terminus. At the Jack London Square waterfront, a proposed highrise is set to rise 20 stories or more.”
“Homebuilders have also been impressed with the Oakland city government’s unequivocal support for highrise housing development, at least in the urban core. In fact, city planners this past summer urged one company, Shorenstein Co., to pursue a denser, taller version of a housing project it is proposing near 12th and Jefferson streets, favoring a 25-story skyscraper over a cluster of eight-story buildings.”
What a concept… “city government’s unequivocal support for housing”… Just imagine what that might be like…
No. You’re right. Too much of a stretch for SF city government.
