The Redevelopment Agency of the City of Oakland is seeking qualified developers to purchase and develop up to ten Agency-owned sites available in three of the City’s Redevelopment Areas. The following projects are being considered for EB-5 investment.
2777 Foothill Blvd.
- 7,800 square feet of retail
- 20 Parking Spaces
- Estimated to create 30 permanent new jobs
- EB-5 Investment approximately $1,500,000
Foothill Seminary Visioning Study
- 29,600 square feet of retail
- 14,500 square foot anchor
- 3,900 square foot caf
- 11,200 square foot small retail stores
- Estimated to create approximately 116 permanent new jobs
- EB-5 Investment approximately $5,800,000
Oakland’s Community and Economic Development Agency (CEDA) is committed to sustainable growth and development throughout Oakland in ways that promote sound economic standards, environmental quality and the equitable distribution of jobs, housing and income. The Agency works to attract new businesses and jobs, retain and expand existing businesses, facilitate job training and placement, and redevelop key areas of the city.
USCIS Designation
The Bay Area Regional Center received Regional Center designation on June 23, 2009.