Lane Partners’ Oakland Towers Project for 344 Units Advances

Lane Partners, Oakland Tower, Menlo Park, Bay Area, Brick LLP, 2016 Telegraph Ave. building, Oakland, East Bay
2015 & 2016 Telegraph Aerial; Rendering courtesy of Brick LLC

By Michele Chandler

A proposal by developer Lane Partners Inc. to transform two nearly empty plots of downtown Oakland land into two new residential towers was recently approved by Oakland regulators.

Menlo Park-based Lane received approval in mid-July from Oakland’s planning department to build towers at 2015 and 2016 Telegraph Ave., said Pete Vollmann, a planner with the City of Oakland’s Bureau of Planning. “It’s two mostly vacant lots,” Vollmann said. “One site has a one-story commercial building and parking lot. The other site is just a parking lot.”

The 2016 Telegraph Ave. site is located north of the growing entertainment area of Uptown, which includes bars, restaurants and night clubs.

Both towers also aren’t far from two Bay Area Rapid Transit stations, 19th Street and 12th Street Oakland City Center.

Brick LLP is the architect for the building, which is located near another Brick project, the former Oakland Sears building, which was sold to Uber Technologies Inc.

Lane plans to construct a mid-rise residential tower at 2015 Telegraph Ave., on the northwest corner Telegraph Avenue and Thomas L. Berkley Way (20th Street) on two parcels that cover a quarter acre.

According to documents filed with the city in June, the 2015 Telegraph Ave. proposal includes the construction of a 14-story mixed-use residential and retail building, with amenities including a fitness center, yoga deck and outdoor kitchen on the second level, along with a roof deck with views of the city of San Francisco and San Francisco Bay.

The proposed building, with a maximum height of 160 feet, will be constructed above one level of underground parking in a 6,486 square foot structure that includes space for 40 vehicles.

About 1,685 square feet of commercial space will be included in the structure, along with up to 114 residential units with one to two bedrooms.

Lane also received approval for its 2016 Telegraph Ave. project, which is located across the street from the 2015 Telegraph Ave. complex and is across the street from the Paramount Theater.

The second project would include an 18-story building with 230 residential studio, one- and two-bedroom units, 78 parking spaces and 4,622 square feet of retail space.

The 2016 Telegraph Ave. building is slated to be 200 feet high and cover about a half-acre. It will contain 4,622 square feet of commercial space and underground parking for 78 vehicles.

Land uses in the vicinity include commercial, residential and entertainment uses. The Great Western Power Company Gym, Service Employee International Union United Healthcare Workers and Alameda County Social Services are located to the west. Fox Courts and the Uptown Apartments are residential uses located to the south, as are the Fox Theater, Henry J. Kaiser Memorial Park and Oakland Ice Center.

Lane Partners is working on other major developments in downtown Oakland developments. In partnership with Strategic Urban Development Alliance LLC, the group is also seeking approvals for a massive 1.3 million-square-foot mixed-use complex called Eastline at 2100 Telegraph Ave., one block north, according to a report in the San Francisco Business Times. Lane also owns an office renovation project at 2150 Webster St. and is a partner on a mixed-use project proposed at 1911 Telegraph Ave., a city-owned site, the report said.

West Coast Commercial Real Estate News