19th & Broadway Condos, Oakland CA

This approximately one acre site sits at the corner of 19th and Broadway in the Uptown district of Oakland, directly above the 19th Street BART station. The 19th Street station is a central transfer point in the BART system, connecting this site to major employment centers in San Francisco (13 minute ride), Emeryville (12 minute ride including Emery-Go-Round shuttle transfer), Berkeley (10 minute ride), Walnut Creek (21 minute ride) and Dublin/Pleasanton (50 minutes). BART is also in the process of building an extension to the South Bay / San Jose, with the first phase expected to be operational in 2018. The site is one block away from two historic theaters, the Fox and the Paramount, both restored and actively hosting live shows, numerous restaurants, bars and clubs, and four blocks away from Lake Merritt.

The corner of the site is occupied by the Tapscott Building, a 1923 vintage four-story L-shaped reinforced concrete office building with ornamental brick facade. Due to seismic safety concerns after the 1989 earthquake, Kaiser (the former owner) vacated the building. The remainder of the site is comprised of a surface parking lot and some single story retail. The site will be redeveloped with a 28-story, 300 unit residential tower and approximately 12,000 square feet of ground floor retail. The Tapscott Building will be retained, restored and incorporated into the overall project.

Source: Mission Bay Development Group