Developers are bullish on residential towers
Posted by Mark on November 22, 2005
12 are in planning or under construction
San Francisco Business Times – November 18, 2005 by Ryan Tate
Housing developers have a barely controlled mania for building skyscrapers in Oakland, despite showing no interest in such projects as recently as last year.
At least a dozen highrise condominium and apartment projects are in the works, and they have spread far from Lake Merritt, where the towers have traditionally clustered. They are now poised to pop up all along Broadway, starting in the Auto Row area well north of downtown, then dotting the street and its flanks along 30 blocks, through the city center, to Broadway’s southern terminus. At the Jack London Square waterfront, a proposed highrise is set to rise 20 stories or more.
