Sunday, May 9, 2021

Up, up and away

The City of Oakland has accepted a proposal from Houston-based Hines Corporation to build a 622-foot-tall office building in Oakland: Mega office tower proposal in downtown Oakland hops ahead.

The tower, if built, would be 50% taller than any other office tower in Oakland, so this is a dramatic step for downtown Oakland real estate, and the Oakland planning commission seems to be bubbling over with enthusiasm:

“It is about time we had some truly tall buildings here,” Planning Commissioner Leopold Ray-Lynch said. “If we can get more of these, we can truly make Oakland a city that’s on the move, more than it is now.”

Hines, who are probably best known in these parts for the (somewhat controversial) million-square-foot Parcel F project in the city, certainly have the chops to pull this off.

But will they? It's not the first time that major Oakland real estate projects have been proposed, and many in the end were never completed or were completed after being reshaped in significant ways.

Yet Oakland has dramatically changed in the last five years. Perhaps now really is the time?

One thing that's not clear from the article is if this project would mean the shuttering of the Lawrence Berkeley Laboratory's Oakland Scientific Facility, which currently occupies this site, I believe. The supercomputers won't care, of course, they can probably just be trucked to some new location.

The site is just across the street, cater-corner as they say, from my wife's office. I suppose if it happens, she'll have a front row seat to the project!

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