The hotel only went forward after the Council twice agreed to defer fees owed by the developer. That lowered the developers' upfront costs and increased profit margins.
By Yasmin Anwar/Berkeley News
Some Berkeley residents and Cal employees are worried a new UC Berkeley high-rise set to be built downtown might create parking issues.
The University of California at Berkeley says it is moving forward with plans to build a high-rise in downtown Berkeley — for its education, psychology and public health areas of study — and will hold an open house about the project this week.