Council clears permit hurdle for Alameda Point developers

The City Council has taken a key step toward allowing Alameda Point Partners, the team of developers working to build housing and commercial space at the former U.S. Navy base, to continue moving forward with their $500 million project.

On Tuesday, the council amended its agreement with the team to remove a provision that would have allowed the city to withhold building permits for the project’s market-rate housing beyond the planned 395 market-rate units if not all financing is available by December for those units.

Read more at: https://www.eastbaytimes.com/2018/03/07/council-clears-permit-hurdle-for-alameda-point-developers

Alameda Point Partners: http://www.alamedapointpartners.com/