San Francisco Business Times: Alameda approves plan for new housing, offices and parks on 150 waterfront acres, July 30, 2014
Excerpt:
All of the 68-acre “Site A” is in the area covered by the plan. Nine development teams applied to Alameda in May to develop the site with at least 800 apartments or condominiums and mixed-use space. The plan also covers a portion of the 82 acres labeled “Site B;” four of those same nine developers applied to make at least part of that site into one or more commercial projects that would create jobs or tax revenue.
After reviewing the submissions, Alameda officials now have narrowed the contenders down to two development teams for the residential site and two for the commercial site, with no overlap between the groups, said Jennifer Ott, the city’s chief operating officer for Alameda Point.
The waterfront plan approved this month “gives them a kind of envelope for what they need to work within, and then they’ll need to do detailed site plans,” Ott said.
She expects to recommend further discussions with two finalists for each site to the city council in early September, and hopes to propose at the Nov. 18 meeting that council members approve exclusive negotiations with one developer for each site.