New development suggests the East Bay’s largest city is poised for an influx of companies and other organizations.
In addition to building a new tower, the project will renovate the historic former headquarters for the Key System — a privately owned mass-transit system of rail lines and buses that operated through much of the East Bay from 1903 to 1960, when it was sold to the newly formed AC Transit system.
The new tower and old Key System building will be connected.
“Part of what we want to do is bring this historic treasure back to life,” said Melinda Ellis Evers, a managing principal with San Francisco-based Ellis Partners, a developer that has teamed up with Intercontinental Real Estate in a joint venture to build the tower.
The project will take close to two years to build and should be available for tenants to move in by the end of 2019.