Irvine-based SunCal has re-purchased the 167-acre Oak Knoll project site in the Oakland Hills, a site upon which the developer had previously planned to build nearly 1,000 homes, over 80,000 square feet of commercial/retail space, and 50 acres of parks prior to losing the project when Lehman Brothers, their former financial partner, collapsed in 2008.

SunCal purchased the former naval hospital site from the Lehman Brothers estate and plans to update the development’s designs “to meet current market and community needs” and start construction “sooner than later.”

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Comments from “Plugged-In” Readers

  1. Posted by poor.ass.millionaire

    Like I said, all the bigger projects are coming out of the wood works. It’s like they all woke up realizing in 2014 that the market is solid. Anyone that brought good investment property in SF in 2012-13 has locked in some nice gains….like me!

  2. Posted by Adam

    “We’re looking to take the foundation of the past plan and update it to meet current market and community needs,”

    Translation: More homes, less park. Have to get back that investment somehow.

    • Posted by anon

      It definitely could use some more homes (4-5x as many, really), but the park space seems about right.

  3. Posted by poor.ass.millionaire

    It’s on, like donkey kong! In NYC Stuyvesant Town is in play again. 2007….well it’s baaaaaccckkk!

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