In 2022, the Oakland Plan re-wrote a lot of the zoning for Central Oakland and the Boulevard, making it easier to build the kind of multi-family housing that the neighborhood needs to keep up with rental demand. Three years later, the residential building boom is really picking up!
Walnut Capital is currently building a 159-unit development on McKee at Louisa
Paramount is converting 3339 Ward into a 19-unit residential building
Trinitas is planning a 326-unit development on Halket Street
Hudson is moving forward with two new developments on Melwood above Baum totaling 208 units
Subtext presented plans for their proposed 299-unit building at 250 Atwood at a development activities meeting on September 8
All together, these projects will create almost 800 new apartments – more than 2,000 new beds – and there are more projects in the pipeline right behind them. Thanks to inclusionary zoning, all this new development will deliver over 100 new affordable rental units to Oakland in the next couple years! Click here to find updates for each of these projects.
Meanwhile, Presbyterian Senior Care is putting the finishing touches on its new apartment building at Forbes and Craft, The Mosaic – an 80-unit LGBTQ+friendly low-income housing tax credit building for people over 62.
We’re hopeful that new density and diversity will benefit all of us in Oakland. Locating more students in apartment buildings reduces the rental demand in lower-density residential areas, easing displacement pressure, making noise and trash and parking more manageable. Affordability increases opportunities for working families to live closer to jobs and school, reducing traffic for everyone; and new affordable senior housing close to transit, hospitals, and cultural amenities is good news for everybody.