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Alameda Magazine »  Alameda Magazine Blog »  April 2008 »  New Timeline for Base Redevelopment

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Monday, April 14, 2008

New Timeline for Base Redevelopment

By Dan
SunCal Cos., the Orange County developer chosen in July to build a 770-acre complex of homes, shops and offices at the former Alamea Naval air base, recently asked the city for a six-month extension to submit plans. The city agreed, the San Francisco Chronicle reported today. SunCal recently ran into trouble on some of its other projects in Southern California. The developer is also the target of seven lawsuits since October claiming the company hasn't paid $105 million in debts. Those problems are related to the weak housing market and do not affect Alameda Point, a SunCal spokesman said. The delays at Alameda Point are because the company wants more time to study flooding and seismic issues. SunCal will still submit detailed plans to the city this fall, as originally scheduled.

Meanwhile, Clif Bar, the Berkeley energy bar company, pulled out of plans to relocate to the Alameda Landing, a 77-acre former Navy supply center across the estuary from Jack London Square. The firm, with revenues of about $150 million a year, is now shopping for new digs in Oakland, Berkeley, Emeryville and other parts of Alameda.

None of it bodes well for the city of Alameda, which is facing an unexpected $4 million budget shortfall due to declines in property transfer taxes, permit fees and other housing-related revenue sources. Next year, the city expects a shortfall of $5 million to $7 million, said Lisa Goldman, deputy city manager.

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