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The least dense CBD in Texas is Dallas, with vacant lots in the urban core adding up to 86 acres but during the past five years, 8.5 million square feet of property has been built in the CBD.
To date, KAREP V has successfully deployed more than 20% of the KAREP V fund or approximately $360 million. KAREP V is seeking opportunities across seniors housing, medical office and student housing sectors, the company states.
Site A and all of its infrastructure, parks and housing, is just the beginning, as Alameda sets its sights on bringing a tech campus to the historic Bachelor Enlisted Quarters to foster job generation in the Enterprise District.
Some think that the newly reformed tax laws will cause a flight of high net worth residents out of California, but Paul Wassgren of DLA Piper says that the impact will be minimal.