OAKLAND, CA-City officials have told Cleveland-based developer Forest City to add about 200,000-sf of offices to their plans in the next 120 days. Less than a month before formalizing the deal for the Uptown project, the City Council has determined that Forest City’s original proposal of 2,000 apartments and 75,000-sf of retail is not adequate enough to meet Oakland’s bustling real estate market.

The city has extended the negotiating agreement to 120 days to give the developer more time to pack the offices and affordable housing into the plan. The Cleveland-based developer had originally asked for 240 days, but city officials are eager to capitalize on the hot real estate market. While councilman Ignacio de la Fuente described the changes as complicated, he believes Forest City can achieve them. “With a mix of retail, residential and office space, this will be a better project and if anybody can do it, we think Forest City can,” says de la Fuente. “After the supervisor elections, San Francisco is in shambles and we think more people will look at us.”

Forest City could not immediately be reached for comment. The developer is currently seeking to acquire a patchwork parcel of 14 acres from 17th Street to 21st Street between San Pablo and Telegraph avenues. The land, mostly parking lots and underutilized buildings, is considered one of the most important development in the downtown area because of its proximity to City Center and Lake Merritt areas, which have already undergone substantial redevelopment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.