Thursday’s Daily Briefing: East Bay Home Prices Skyrocket; 110-Unit Housing Project Proposed for West Oakland BART
Plus, 124 townhomes proposed for Alameda Point, and a $100 million vegan food startup moves to East Oakland.
Stories you shouldn’t miss for May 19, 2016:
1. East Bay home prices continued to soar last month, with Alameda County setting an all-time record, reports Richard Scheinin of the Mercury News$. The median home price in Alameda County reached $750,000, up 10 percent from March. In Contra Costa County, the median home price was $525,000—the highest since 2007. Experts blamed the extreme lack of housing in the region for the continuing price hikes.
2. Holliday Development is proposing to build a 110-unit housing project near the West Oakland BART station, reports Roland Li of the San Francisco Business Times$. The developer said he plans to break ground later this year in order to avoid Oakland’s new housing impact fees, which kick in on September 1.
3. Two development teams are proposing to construct a total of 124 townhomes near Alameda Point, reports Peter Hegarty of the Alameda Journal$. One of the developments features 64 townhomes, while the other has 60. The Alameda Planning Board is scheduled to consider the proposal at its Monday meeting.
4. A vegan food startup that has attracted $108 million in venture capital funding plans to move into an East Oakland warehouse, reports Tessa Love of the San Francisco Business Times$. Redwood City-based Impossible Foods, which plans to make meat-less burgers, has inked an $8.55 million lease at 66,000-square-foot warehouse at 550 85th Ave.
5. Two of the four Oakland police officers involved in the department’s ongoing sex scandal have resigned, reports David DeBolt of the East Bay Times$. OPD is refusing to name the officers.
6. Authorities identified the football player who died during practice at Alameda’s Encinal High School as 15-year-old Giovanni Pulido, of Oakland, reports Peter Hegarty of the East Bay Times$. It may take weeks to determine Pulido’s cause of death.
7. Oakland Councilmember Rebecca Kaplan is calling on the state legislature to enact a law that would allow people who have been convicted of marijuana offenses to expunge their criminal records, reports Rachel Swan of the San Francisco Chronicle$.
8. The Obama administration has agreed to a four-year delay in the construction of the first portion of California’s high-speed rail project, reports Ralph Vartabedian of the LA Times$.
9. Golden State Warriors General Manager Bob Myers said he was “disappointed” that the team’s fans did not attempt to help star guard Steph Curry when he fell into the stands to keep a ball from going out of bounds during last night’s game at Oracle Arena in Oakland, reports Lisa Fernandez of NBC Bay Area. “I’d expect more from our fans,” Myers said. “I’d hope if our fans have an opportunity to catch him, that they would.” Curry injured his elbow on the play, although not seriously.
10. And ICYMI, Oakland Mayor Libby Schaaf responded to Donald Trump’s false assertion that Oakland is one of the most dangerous places in the world by saying, “The most dangerous place in America is Donald Trump’s mouth,” reports Matthew Artz of the East Bay Times$.
$ = news stories that may require payment to read.