Excerpt:
ALAMEDA – Today Renewed Hope issued “Doubtful Promises: A Report to the Alameda Community on the SunCal/Shaw Hedge Fund Initiative” one day after the initiative’s sponsors submitted signatures hoping to qualify the measure for a...
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Press Release: Renewed Hope announces report on SunCal initiative, September 24, 2009
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Added: Sep 25, 2009 at 1:25 PM
DOUBTFUL PROMISES: A REPORT TO THE ALAMEDA COMMUNITY ON THE SUNCAL/SHAW HEDGE FUND...
Excerpt:
SUNCAL/SHAW HEDGE FUND INITIATIVE PROBLEM OUTCOMES: SUMMARY
The initiative, if approved by Alameda voters would
* give the developer the right to decide the overall project‟s size, mix of uses, open space plan, public...
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Added: Sep 25, 2009 at 12:41 PM
San Francisco Chronicle: Neighbors sue Lehman Bros. over Oak Knoll site
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In 2005, SunCal Companies, a real estate development company based in Irvine, purchased the property for a whopping $100 million in an online auction. But when the developer's financial backers, Lehman Bros., filed for bankruptcy...
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Added: Sep 25, 2009 at 6:01 AM
Alameda Sun: Chamber Board Opposes SunCal
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The Alameda Chamber of Commerce board of directors recently voted against SunCal Companies' proposed ballot initiative to develop Alameda Point. Earlier this year, SunCal circulated a petition that would place it development plans...
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Added: Sep 24, 2009 at 8:21 PM
Alameda Sun: Study Evaluates Point Traffic
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Last week the city released a phase-two report that evaluates transportation issues and traffic impacts that would be associated with the development within Alameda Point boundaries and other key locations within Alameda. The...
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Added: Sep 24, 2009 at 6:06 PM
Alameda Sun: Lehman Files Bankruptcy-Exit Plan
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Dow Jones and Company is reporting that Lehman Brothers Holdings Inc. has filed a bankruptcy-exit plan for the California real estate projects that it funded for SunCal Companies. This marks the latest move in the long-running...
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Added: Sep 24, 2009 at 5:58 PM
Alameda Journal: SunCal turns in petitions for Alameda Point ballot measure
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If the SunCal plan eventually wins voter approval, it will "transform an underused and decaying old military base into a vibrant new mixed-use, transit-oriented neighborhood," said Doug Siden, who represents Alameda on the East Bay...
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Added: Sep 24, 2009 at 2:23 PM
The Island: On Point: A little bit of this, a little bit of that
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Folks, it has been a crazy couple of weeks on the Alameda Point front. SunCal submitted their ballot signatures, our local Chamber of Commerce submitted their opinion on SunCal’s initiative. An advisory committee made up of of...
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Added: Sep 24, 2009 at 10:36 AM
San Francisco Chronicle: S.F., East Bay fear water rationing in future
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San Francisco and East Bay water managers are warning that a plan to overhaul the state's water system could result in draconian restrictions and rationing in the Bay Area and possibly undermine water rights that are more than 100...
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Added: Sep 24, 2009 at 5:40 AM
The Island: SUNCAL SUBMITS SIGNATURES
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SunCal has submitted the petition signatures for its ballot measure that spells out the developer’s plans for Alameda Point, and its development agreement with the city.
This morning, the developer submitted 9,618 signatures to...
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Added: Sep 23, 2009 at 1:47 PM