OAKLAND (CBS SF) — Plans for a new luxury high-rise in the heart of the Oakland will move forward as the Planning Commission voted on Wednesday evening to allow the construction on a one-acre plot of public land near a BART station and Lake Merritt, despite dissent from neighborhood activists.
The Oakland Planning Commission voted 3-1 to let UrbanCore, the developer, build a 24-story tower just east of Lake Merritt with 298 apartments of which the average monthly rent would be about $3,100.READ MORE: Here's What You Can Expect From The $1.9 Trillion Senate Stimulus Package
During the public comment section, dozens of people decried the project. They claim that the city has not required that they build affordable housing on the publicly-owned site and that an affordable housing builder should have been given a chance.READ MORE: COVID-19 Vaccine Shortage Forces Sutter Health To Reschedule Appointments
The Planning Commission says that the market-rate apartments would add supply to much-needed housing stock.MORE NEWS: San Francisco Bay Ferry Officials Considering 1-Year Reduction In Fares
The City Council still must make the final approval over the development agreement, however. The Planning Commission gave a non-binding recommendation saying council stating they should negotiate new community benefits from UrbanCore and put $5.1 million toward affordable housing.