Friday, September 7, 2012

More Gentrification in West Oakland

I enjoyed reading this interview with Rick Holliday, who is now finding more success selling units at his Pacific Cannery Lofts project.

Of particular interest is his description of a potential future for West Oakland. He talks about biotech maybe moving in as Emeryville becomes saturated.At a minimum, the fact that he's managed to sell all those condos indicates people see the logic in living near the East Bay's best BART station.

I park at West Oakland BART occasionally, and I've noticed a dramatic change in the demographics of the folks heading out into the neighborhood after their train ride.

No question West Oakland has a number of strikes against it, including the proximity of the pollution from the port and all the permanent low-income housing around. Still, I think there are enough brave souls around willing to move in.

Hopefully, 10 or 20 years from now, the only truly bad areas of Oakland remaining will be to the southeast of Lake Merritt.

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