OAKLAND | 1900 Broadway | 395 FT | 36 FLOORS

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39-story tower to break ground in Oakland
By Fiona Kelliher – Real estate reporter, San Francisco Business Times
Jan 18, 2019, 5:15pm EST

An ambitious 39-story tower next to Oakland's 19th Street BART Station is poised to break ground.

Construction at 1900 Broadway will kick off in June, with a projected opening date in 2021, developer Lincoln Property Co. and capital partner Behring Cos confirmed.

The mixed-use project will consist of 452 residential units, plus about 50,000 square feet of commercial space and 6,700 square feet of ground-floor retail. Entitlements also include restoration of the four-story Tapscott Building that has occupied the 19th Street and Broadway corner for nearly a century.

"It’s, in our view, as good of a site as there can be as it relates to public transit, housing and amenities," said Brandon Wang, executive vice president of Lincoln Property Co.

Several potential co-working tenants have expressed interest in the commercial portion in order to have access to clients living in the same building, said Colin Behring, CEO of Behring Cos. Of the residential units, 24 will be four-bedroom “co-living" apartments that can be shared in an effort to bring down rent. Behring declined to share the development cost of the project or rent estimates . . . .

https://www.bizjournals.com/sanfranc...995&j=86192791