A few months ago, health insurance company Blue Shield of California moved 1,200 of their employees from their old building in San Francisco to a 24-story high rise a few blocks away from the Oakland City Center BART Station. And it appears this is just the beginning. There's a whole movement happening—companies want to be based in Oakland.
Kaiser Permanente plans to build a $900 million headquarters, BART plans to create a new headquarters, and tech companies Square and Credit Karma have already signed major plans to expand their SF-based offices to The Town. And let's not forget to mention the most important development of all: FOOD. The new launch of Oakland Assembly, a 14,000 square foot, two-level market hall located at Jack London's waterfront will bring in star chefs who will be sure to fill your bellies while emptying your wallets.
All of these developments have made one thing abundantly clear: Downtown Oakland is about to see one of its biggest building booms in decades, and I'm here for it.
All things real estate.