DCG Strategies announces the official marketing of 1150 and 1220 Harbor Bay Parkway in Alameda. The marketing comes on the heels of DCG Strategies being selected by the County of Alameda as their broker for the sale of the property. The property, jointly owned by the county and the city of Oakland, consists of the
The opportunity to build a truly large-scale government real estate development in a densely populated, densely built environment happens rarely. When it does, expertise and experience are needed to take advantage of it. DCG Strategies brought both to the table to work with a planner, a developer, and five local and state agencies to develop
California state lawmakers have been working hard to address the affordable housing crisis and propose legislation to help educators live in the communities they serve — and on Thursday, Oct. 12, their hard work paid off. Gov. Jerry Brown approved an assembly bill designed to empower school districts to use school property in new ways. Under the new bill,
Amid ongoing efforts to meet school budget needs and safely house students, a bill that reinstates charter schools’ priority in the purchase of surplus public school district property has stalled in the California Legislature. What Happened On July 1, 2016, the California education code provision relating to school facilities, surplus real property and charter schools quietly expired. From
The California Legislature knows the state has an affordable housing crisis. Lawmakers have proposed more than 100 bills to address the affordable housing shortage, including four bills that specifically target teacher and school staff housing. Recruiting and retaining high-quality teachers, librarians, coaches and other school staff who support students is critical to a healthy community
School districts across California received good news in September 2016 when Governor Brown signed into law SB-1413 “School Districts (Employee Housing).” Authored by State Senator Mark Leno, SB-1413 offers an innovative opportunity to ease a debilitating problem. SB-1413 bypasses many of the restrictive development regulations and authorizes school districts to establish and implement creative housing options for
Two articles this past week highlight some positive news about leaders in San Francisco’s business and faith communities stepping up to be a meaningful part of a solution to the housing crisis in the city. Unfortunately they also expose the resistance that continues to face efforts aimed at solving this massive problem. It was announced
As reported by SF Gate and other media outlets, Governor Brown has signed Senate Bill 1413, allowing school districts in high-priced cities to build teacher-only affordable housing on district property. According to Redfin, a national real estate brokerage, of California’s 31 most-populous counties, only 17 percent of homes for sale in those counties were affordable on the state’s
California has long been considered the “land of opportunity” and certainly with land values having appreciated over 3000% since 1975, there has been a windfall of financial opportunity for property owners and investors — yet there is a significant downside to this story. Across the state are stories of those who have been impacted by
In many cities, particularly ones with rich histories, public buildings are the most striking. These buildings may be the city hall, or a historic courthouse, or even an old school. These were among the first structures built as the city was growing and they demonstrate a sense of permanence. With columns, arches, dramatic pavilions, and other striking touches, they were meant to show that the city had truly arrived, that it belonged, and that it wasn’t going anywhere. They were built of pride and justifiable boosterism. Unfortunately, they were also built a long time ago.
One story that affects commercial real estate has drawn little attention in the business press – the federal government has shed millions of square feet of office space and warehouse space in recent years. In a move to save money and maintenance costs, the Obama Administration embarked on its “Freeze the Footprint” policy. The Department
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