Articles Filed Under: East Bay

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Bay Area Employment Ticks Up, Unemployment Near Record Low

Bay Area Employment Ticks Up, Unemployment Near Record Low

Having dropped in August, the number of people living in San Francisco with a job increased by 7,900 over the past month to a record 577,500 in September while the labor force increased by 6,900 to 577,500 and the employment rate dropped from 2.4 percent to a near-record 2.2... Read More »

More Density and Time for Brooklyn Basin Development as Proposed

More Density and Time for Brooklyn Basin Development as Proposed

With only 241 of the fully-entitled project’s 3,100 units of housing to rise on the Brooklyn Basin site along Oakland’s waterfront currently under construction, the Signature Development Group is now seeking approval to add another 600 apartments to the project’s total. As proposed, the additional units could be “accommodated”... Read More »

Auto Row Development on the Market in Oakland

Auto Row Development on the Market in Oakland

Having qualified for a streamlined environmental review and hearing, the proposed 45-unit ‘luxury community’ to rise at 3300 Broadway, along Oakland’s Auto Row, was approved by the city eight months ago and building permits for the projected $23.6 million development were requested. In addition to the 45 residential units,... Read More »

Governor Signs Bill to Expedite Oakland A’s Ballpark Development

Governor Signs Bill to Expedite Oakland A’s Ballpark Development

While the Oakland A’s have yet to ink a deal for building a new Major League Baseball stadium at Howard Terminal, a 50-acre waterfront site to the west of Jack London Square, Governor Jerry Brown has signed the Oakland Sports and Mixed-Use Project Bill (a.k.a. AB 734) which could... Read More »

Bay Area Home Sales Remain at a 7-Year Low

Bay Area Home Sales Remain at a 7-Year Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 7,659 in August, down 9.9 percent on a year-over-year basis and another 7-year seasonal low, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled 466 in August, down 4.3... Read More »

Index for Bay Area Home Values Inches Up, Condos Slip

Index for Bay Area Home Values Inches Up, Condos Slip

The S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay and Peninsula – inched up 0.6 percent in July to a record high and is running 10.8 percent higher on a year-over-year basis but with uneven... Read More »

Even Less Height, More Density for Approved Tower as Proposed

Even Less Height, More Density for Approved Tower as Proposed

Originally envisioned to rise up to 40 stories in height, the plans for the modular tower to rise at on the corner of Franklin and 21st Street, across from the proposed 2 Kaiser Plaza project in Uptown Oakland, were economically downsized to 29 stories last year. And the downsized... Read More »

Price Cut for Berkeley Parcel with Approved Plans

Price Cut for Berkeley Parcel with Approved Plans

Plans to level the former Northwest Berkeley service station turned abandoned tax office at 1740 San Pablo Avenue and develop a modern five-story building with 48 apartments over 3 street level live/work units and a stacked garage for 53 cars were approved by the city earlier this year. Two... Read More »

Bay Area Employment Drops along with Unemployment Rates

Bay Area Employment Drops along with Unemployment Rates

Having recorded an above-average bump in seasonal hires in July, the number of people residing in San Francisco with a job dropped by 3,000 over the past month to 557,200. But with the labor force having dropped by 3,300 to 570,900, the employment rate in the city dropped from... Read More »

Asking Rents in SF and Oakland Ticked Up but Didn’t Peak in Q3

Asking Rents in SF and Oakland Ticked Up but Didn’t Peak in Q3

Having ticked up a little over one (1) percent from the second to third quarter of this year, the weighted average asking rent for an apartment in San Francisco – including one-off rentals as well as those in larger developments such as 150 Van Ness above – is now... Read More »