Affordable, Unsubsidized Housing Planned for Near West Oakland BART

Panoramic Interests is the developer who recently revised it’s design for 1,031 apartment units to be built near West Oakland BART(1). Previously, the plans called for 1,400 units, but was changed to 1,031 units by removing all of the one-bedrooms, and all but two studio apartments from the plans. Other interesting facts about the revised design include removing all luxury amenities such as gyms, pet spas and chef kitchens. Also removed from the floor plans are any empty corridors, to make most efficient use of the space to provide affordable, unsubsidized housing near a transportation hub. Also, no parking is provided for the complex, just seven spaces for car-sharing and deliveries. So occupants will be relying on public transit and car services. This is certainly a design for the post-modern era that should please the millennials.

The estimated rents will be around $2,500 for 2 bedrooms and about $3,500 for a 4 bedroom unit. Instead of luxury amenities, the complex will include 2 parks and two alleys that can function as open-air living rooms with space for eating and socializing with friends and neighbors. The complex will include two mid-rise buildings and one 240 foot tower. The complex will also include 15,000 square feet of retail and 32,000 square feet of commercial space for small businesses.

Panoramic Interests specializes in high-density infill projects, close to transit, in central city locations. Patrick Kennedy is the owner of the company that has been building housing, live-work space and commercial property in the San Francisco Bay Area since 1990. Kennedy is quoted as saying, “The greatest unmet need in the Bay Area is entry-level urban housing. There’s a lot of luxury housing being built, but not much for the highly touted missing middle. We want our residents to participate in the civic life in Oakland and just have an affordable place to live so they can stay in Oakland.” Offered for sale is 120 Wildwood Gardens, Piedmont, offered at $3,495,000.

About Anian Tunney

Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is www.aniantunney.com. Contact Information Anian Tunney, Piedmont CA real estate agent broker associate
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
www.aniantunney.com
www.aniantunney.com/blog (1) https://www.bizjournals.com/sa...Get free real-time news alerts from the Piedmont Patch.Thanks for your feedback! Now share it with your friends!Thanks for your feedback. Originally published August 18, 2017. This post is contributed by a community member. The views expressed in this post are the author's. Registered users are welcome to post on Patch. More from Piedmont Patch

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