Former Mayor Jerry Brown initiated the 10K program during his term with the goal of  bringing 10,000 new residents to downton Oakland. It is working. The growth has been phenomenal and more growth will occur. As in life,there are pains associated with growth. Some had predicted that the poor would be totally displaced. However, what has developed is a sound plan of mixed growth and a variety of housing identities. Unlike some other  Urban Core areas under development, Oakland has managed to maintain its rich cultural blend of people and social institutions. There is a there there. The "there" is a mixture of cultural expression expressed through its  restaurants, businesses and the arts.

As of May 2007,This is the state of development:

2274 units completed
2059 units under construction
2354 units with planning approval
3760 units in planning   

For a more detailed analysis read the full report here.

 

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Michael Kelsaw,Broker/Notary

Oakland, CA

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Riverview Realty

Office Phone: (925) 778-8481

Cell Phone: (925) 575-4186

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Downtown Oakland is undergoing a quiet growth revolution. I believe in Oakland and you'll be amazed at the growth. If you haven't visited Oakland in the last couple of years, you'll be surprised.


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