Proponents of downtown development in Berkeley won two victories Thursday night after city leaders and commissioners approved a proposal for community benefits related to tall buildings and, in a separate meeting, certified the environmental impact analysis related to the first tall building in the pipeline, at 2211 Harold Way.
Berkeley residents got their first look at the city’s plan to redesign traffic patterns around Shattuck Square on Tuesday night at an open house in the Aurora Theater.
Harold Way could be one of the best streets in Downtown Berkeley. It’s a quiet, narrow, low-traffic, shady street with some beautiful architecture from the Dharma College buildings. It’s highly accessible – with a parking garage next door, in direct proximity to both Shattuck and Milvia (and the bike station on Shattuck), and just a few hundred feet from Downtown Berkeley BART. Harold Way is easy to get to by bus, BART, bike, foot, or car. With all the other opportunities in Downtown, a trip to Harold Way could easily be combined with a visit to the library, the theaters, the pharmacy, or even when making a transfer on the daily commute.
This is a tale of why and how the citizens of Berkeley got scammed by voting for the 2010 Measure R, and then scammed again when they voted against the 2014 Measure R. Let’s start with “why”. Why is the 2010 Measure R really a high-rise, luxury condo development plan that won’t help Berkeley’s housing problems or the environment? The answer is found in the global condo market driven by speculators parking some of their $30 trillion in liquidity (see Jack Rasmus’ “Epic Recession”) in luxury housing. These mostly foreign speculators are inflating a bubble identical to the mortgage backed securities bubble that popped in 2008. Developers are not building housing that will relieve the housing crisis for moderate and low income workers in the bay area. Instead they are catering to high-end demand from both speculators and techies.
What are the three most import things in real estate? Location, Location, Location. What are the three most important things that are wrong with the proposed complex at 2211 Harold Way? Location, Location, Location. That’s just for starters.
The Berkeley City Council took its first steps Tuesday to prioritize which community benefits it will require from developers, and affordable housing and local union jobs were the top priorities.
The city of Berkeley is crafting a new law to require private developers of many buildings to spend 1% of their construction costs on public art.
The Berkeley City Council has launched a public discussion on what sort of benefits are required by developers who hope to construct tall buildings downtown, with two meetings focused on the topic in the next few weeks.
WeWork, which has been called the country’s leading co-working company and is expanding globally at a rapid rate, according to the business press, has opened in downtown Berkeley.
The developer of the proposed 16-story hotel on Center Street and Shattuck Avenue in downtown Berkeley has nixed the idea of having office space in the building, but will instead include a conference center and condominiums, along with hotel rooms.
As Berkeley officials grappled with what the concept of “community benefits” actually means, the developer of the 18-story high rise at 2211 Harold Way announced at a Jan. 8 meeting of the Zoning Adjustments Board that he is willing to financially assist both the Habitot Children’s Museum and Boss, (Building Opportunities for Self Sufficiency) as well as other organizations who must relocate when the building is constructed.