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Development opportunity near CSU East Bay
By Chris Gillis
-- The City of Hayward and the California Department of Transportation (CalTrans) are pleased to announce that they are seeking to discuss the development of two opportunity sites along Mission Boulevard, one of the East Bay’s major arterials, near the CSU East Bay Campus.
The two sites, which can be developed together or independently, present a unique opportunity for innovative density, open space and reshaping neighborhood character. The main entry point to CSU East Bay, these sites offer the right developer a chance to kick start a university district at the foot of the campus while also benefiting from the demographics of the surrounding neighborhoods that would support a thriving commercial center.
These properties (approximately 10 and 2 acres) have a proposed future zoning as part of a form-based code that provides for a wide variety of uses and a streamlined entitlement process - ideal for innovative mixed-use and commercial development. Census tracts near the campus have twice the average household income as the rest of the City. While an appraisal has been completed, the City and Caltrans have not set a price for the sites, nor a bidding procedure. Currently, they are eager to discuss innovative concepts with talented and experienced developers.
More information and a full information packet is available on the City’s website at http://bit.ly/hayreq2 or through Kelly McAdoo, Assistant City Manager, City of Hayward at (510) 583-4305 or Kelly.McAdoo@hayward-ca.gov