Excerpt:

A building predicted to become an iconic fixture on Alameda's waterfront has won approval from city officials, a milestone in the effort to redevelop Alameda Point following the U.S. Navy's departure nearly 20 years ago.

The building, which would be near what the Navy called the Seaplane Lagoon, will have 221 residential units above ground-floor shops and border a future waterfront park.

Planned in an art moderne style to reflect nearby former aircraft hangars and other historic buildings, the structure will offer residents views of San Francisco Bay and be within walking distance of a new ferry terminal that city officials hope will be built.