The Alamedan: Council signs off on Point developer finalists, September 3, 2014
The City Council has signed off on a pair of finalists vying for the right to develop a key piece of Alameda Point.
Alamedans will get the chance to meet representatives from Calgary-based Brookfield Residential and Alameda Point Partners, a group of developers from the Bay Area and beyond, on September 29. Brookfield and Alameda Point Partners are seeking the right to build a 68-acre, mixed-use development with hundreds of new homes, retail, open space and more.
Joining those developers will be a pair of to-be-announced finalists to develop an adjacent, 82-acre portion of the Point where city leaders would like to see either a commercial campus user or a premium outlet mall. The details of the presentations are being finalized.
Separately, the council signed off on a list of lease amendments for businesses that have set up shop at Alameda Point – and are seeking more space because business is growing.
The lease amendments will provide additional space for hydropower systems maker Natel Energy and Alameda-based trade show exhibit maker Group Delphi, said Nanette Mocanu, the city’s acting assistant community development director. They also lengthen a lease for kiteboat developer Kai Concepts, a former subtenant of Nelson’s Marine – which the city kicked off the Point last year.