San Francisco Business Times
From the Article:
On the western side of Alameda, developers and city officials have worked for more than a decade to breathe life into the hundreds of acres formerly dominated by a Navy air base and supply center. They’ll hit a milestone Sunday when the sales office opens at Alameda Landing, releasing the largest of batch of new housing in the city since the financial crisis.
The Navy base closed in the late 1990s, and it’s taken until now to see a new pulse in the area. A big box Target store has been open for about a year – obstructed by construction on more retailers and restaurants such as Chipotle and Michaels. The stores will sit next to the 72-acre Alameda Landing site, where 253 residences will spring up in the coming years.
“When the Navy left, it pretty much died on this side. This side of Alameda is going to come back to life,” said Robert Osorio, Target’s store manager.
The Alameda Landing homes — built by TRI Pointe Homes Northern California with Catellus as the master developer – are a mix of two- and three-story houses, condos and townhouses split into three separate neighborhoods. The project will freshen up the aging housing stock in the city. Four out of five residences in Alameda are more than 30 years old, and only 9 percent of housing units were built since 1990, according to a city planning document. The area's other new residential project is Bayport, with 485 single-family homes across Willie Stargell Avenue that run into the millions. Bayport was completed about seven years ago.