Alameda Sun: SunCal Stops Work on Oakland Hills Project
Submitted by jboeger on Thu, 10/16/2008 - 20:51
SunCal Companies, which is also developing Alameda Point, announced that it is suspending work at its 167-acre development in the Oakland hills.
Difficulties with Lehman Brothers, the finance giant that declared bankruptcy on Sept. 15, have caused Alameda Point developer SunCal Companies to stop work at Oak Knoll, the old Navy hospital off Keller Avenue.
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