Oakland: 2300 Valdez - Is Construction Imminent on Large Alta Waverly Mixed-Use Building?

As we're just starting out the new year, a question that many of us urban development fans might have on our minds is whether 2016 will finally be the year of the groundbreakings, particularly in Oakland.

If the large mixed-use project at 2300 Valdez is a bellwether then the question might be yes! This past Saturday, the large Broadway Valdez parking lot that will soon be home to 196 apartments and 30,000 square feet of retail was completely fenced off and no longer accessible to cars. While, unfortunately, it doesn't look like building permits have been issued just yet, the fact that this revenue generating lot has been closed down suggests that a groundbreaking is likely to occur very soon. Fingers crossed that permits, as well as construction, are imminent!

Rendering: Wood Partners/PYATOK
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