CIM GROUP'S LATEST OAKLAND PROJECTS WOULD ADD OFFICE AND RESIDENTIAL
February 28, 2017 • Posted in: Market News
CIM Group is seeking approval for two separate projects in Oakland. The first would create an office tower near Kaiser Plaza while the other is for two additional sites of mixed-use residential in Jack London Square.
The proposal for 2 Kaiser Plaza offers two options for the development of a 44k SF site at 325 22nd St., according to city documents. The existing parking lot would be demolished and replaced by an office building with ground-floor retail. The first office option (above left) would be a 597k SF building with 19 stories and 438k SF of office, ground-floor retail and three levels of parking for 181 spots.
The second option (above right) is twice the size and would create a 1.1M SF building with 34 stories, ground-floor retail and five levels of parking for 342 spaces. There would be about 877k SF of office. The project is near 19th Street BART, Lake Merritt and the Uptown District.
CIM Group also is seeking final development permits for two different sites in Jack London Square. The proposal for Site D is for an eight-story building with 121 residential units, 2,470 SF of retail, 64 on-site parking spots, open space and one on-site loading space.
The plan for Site F2, between Harrison and Alice streets, is for an eight-story building with 326 residential units, 2,562 SF retail, 86 parking spots, one on-site loading space and open space.