Downtown Oakland parking garage site could be turned into 100% affordable housing

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Downtown Oakland parking garage site could be turned into 100% affordable housing
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Clay Street Garage hasn’t been used since December 2016, when it was deemed seismically unsafe

Oakland Vice Mayor Rebecca Kaplan and District 3 Councilmember Carroll Fife have proposed that the site be transformed into a housing complex with all rental units priced below market rate.

“It is on public transit, it is near jobs and services, and it could help with our housing crisis,” Kaplan said. Council members Dan Kalb and Loren Taylor joined Kaplan and Fife in a committee meeting earlier this week to support the proposal. In April, the full council is to consider declaring the land available for development.

But developing the parcel could be a challenge. A 2015 analysis estimated the cost of demolishing the garage at roughly $3.3 million to $4.1 million. To entice affordable housing developers, the city may have to pay for the demolition costs, which would come out its affordable housing fund, according to a staff report.

The staff also noted that since the garage abuts City Hall, which is a designated Oakland landmark on the National Register of Historic Places, a developer may face extra costs and regulations to avoid impacting the historic building.

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