Brooklyn Basin Condos For Sale
Brooklyn Basin is Oakland's impressive waterfront revitalization project currently under construction. Plans include the creation of a shoreline park, marina, transportation hub, new retail space, and development of affordable apartment units and high-rise luxury condominiums. Signature Development Group of Oakland and Beijing-based Zarsion Holdings Group are leading the transformation of Brooklyn Basin as partners. Developed over a period of ten years, this large-scale project emphasizes sustainability, open space creation and sophisticated residential design. The result will be a massive transformation of the whole area south of Jack London Square.
Much of the current activity is centered around renovation of the historic Ninth Avenue Terminal Building. A view to the water has been opened up to create a shoreline park that will include 8 acres of public waterfront areas, and a spacious deck and event space. The Terminal Building is also being renovated to accommodate public viewing and enjoyment of the water.
The first residential project will offer 241 rental apartments, bounded by 8th Avenue, Brooklyn Way, and 9th Avenue. Construction began in April 2017 and leasing is expected to get underway in late 2018, with a completion date by mid-2019. The 7-story building will total over 300,000 square feet and be adjacent to a park, with a sleek modern facade of metal siding, glass and concrete, with subtle nautical themes. Units will range from studios to 3-bedroom. Other residential construction is slated to move forward simultaneously, as city planning approvals come through. When completed, the $1.5 billion Brooklyn Basin project will encompass almost 65 acres. Thirteen buildings of residential housing will be developed, with sixty to seventy percent of the units available as homes for sale, and 465 units offered at below-market rates. A total of 3100 units are planned—a mix of apartments, luxury condos, live-work loft spaces, and townhouses for sale—which along with commercial spaces of cultural interest will bring economic and civic vitality to the area and provide a huge step forward to relieving the severe housing shortages in the Bay Area.
Brooklyn Basin will create a vibrant environment at the intersection of city life and sustainable living on the water. Public promenades with cafés, shops and restaurants will line the marina and a diverse network of waterfront parks and surrounding city offerings will round out the neighborhood. Boats will float in and out of the marina, and families can enjoy picnicking by the water. The new marina will have space for 200 boat slips, providing residents and visitors with an abundance of watercraft recreation. Boat slips will accommodate various boat sizes, from yachts and motorboats to kayaks, and passers-by will be able to enjoy strolls on the boardwalks. Oakland will regain access to a significant part of its shoreline through Brooklyn Basin’s public open spaces and marina. New parks will be created and restored, all linked by a pedestrian and bicycle trail system that connects Jack London Square with Oakland’s eastern waterfront. A central promenade lining Clinton Basin forms the heart of the new neighborhood. The 50-foot wide public quay is organized in two stepped tiers, with outdoor cafes overlooking a wider promenade lined with public seating and landscaping.
Where is Brooklyn Basin in Oakland?
As a location, Brooklyn Basin will offer easy access to world-class Bay Area employers, entertainment and recreation in storied parks and nature preserves. Lying directly east of Jack London Square and just southeast of downtown Oakland, commuters will be afforded immediate access to San Francisco, the East Bay and Silicon Valley. Proximity to freeways, BART, ferries, shuttle service to Jack London Square and the Uptown entertainment district, Amtrak, and Oakland International Airport will make both local and international travel easily accessible. Progress on Brooklyn Basin comes as the city has considered dozens of new housing proposals throughout its downtown core and nearby neighborhoods. But Brooklyn Basin's size—and its location on the waterfront a few miles away from downtown Oakland—make it a distinct neighborhood.
Conceived originally in the early 2000s, the Brooklyn Basin project has survived legal challenges and a deep economic recession on its way to final construction approval. That history underscores how difficult building a large-scale project can be, particularly in Oakland where funding has been scarce. The longevity of the vision is evident now: Brooklyn Basin stands to be a wholly new neighborhood on the water, surrounded by open space and stunning views of San Francisco Bay and the East Bay hills. Project planners have committed to creating an environmentally and economically sustainable neighborhood. The development is estimated to create approximately 10,000 temporary and permanent jobs, providing significant stimulus to Oakland’s economy. In addition, the wetlands adjacent to Brooklyn Basin will be restored using environmental remediation and construction that meets or exceeds LEED standards for sustainability.
Brooklyn Basin will be a vibrant, distinctive district on the Oakland Estuary, re-establishing this section of the waterfront as a civic destination of regional importance. In addition to a vast network of parks, an inspired blend of cultural, commercial and recreational activities will enhance Brooklyn Basin’s appeal as a Bay Area destination, with a diverse mix of residents to further enliven this part of the City and establish it as a flourishing place for people to enjoy.