Oakland’s Tallest Building Approved by Planning Commission

KTVU is reporting that the Oakland Planning Commission voted in April to approve the construction of the tallest building to date in Oakland. (1) The building will be 40 floors and 400 feet tall and it will replace the parking garage currently located at 1314 Franklin Street, which is located diagonally across the street from the Tribune Tower, an historic landmark in downtown Oakland. The property will be mixed use, with retail space and 634 residential units. Also planned is 27 to 54 low income residential units.

Oakland’s mayor, Libby Schaaf, was quoted as saying, "We must build new housing to accommodate new residents. Otherwise competition for existing units will result in newcomers forcing current residents out of their homes." Comments from the community are mixed, according to the article. The current parking lot has 520 spaces, which is conveniently located to local small businesses. The new structure will only ave 600 spaces, because the developer received a waiver on the requirement to have a minimum of one parking space per residential unit. So, 520 units will be lost, and competition for other parking will increase, and locals fear that parking costs will go up because of the shortage.

The developer is Carmel Partners, which is headquartered in San Francisco, and according to their website, are entrepreneurs and multi-family real estate experts. Recently sold in Piedmont is 20 Bellevue Avenue, Piedmont, offered at $3,895,000.

About Anian Tunney

Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Contact Information

Anian Tunney, Piedmont CA real estate agent broker associate
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

(1) http://www.ktvu.com/news/24987...